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5801 Cleveland Ave

146 Unit Apartment Building For Sale Riverdale Park, MD 20737

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Investment Highlights

Shovel-Ready Development: +186,000 buildable SF mixed use project in the Hyattsville Arts District, across from DeMatha Catholic in Riverdale Park
The Property sits at the corner of Madison St and Rt 1 (Baltimore Ave), allowing a setback with signalized access

The unit mix consists of 41 studios, 79 one bedrooms, 26 two bedrooms, and 2,762 SF of retail
With site plan approval in hand, the offering presents developers with the opportunity to deliver 146 units into a growing submarket

Executive Summary

Mixed-Use/Re-Development

Marketing Brochure/Flyer

Property Facts

Sale Type	Investment	Lot Size	0.96 AC
No. Units	146	Construction Status	Proposed
Property Type	Multifamily	Building Size	186,000 SF
Property Subtype	Apartment	No. Stories	5
Building Class	B	Parking Ratio	0.77/1,000 SF

Sale Type	Investment
No. Units	146
Property Type	Multifamily
Property Subtype	Apartment
Building Class	B
Lot Size	0.96 AC
Construction Status	Proposed
Building Size	186,000 SF
No. Stories	5
Parking Ratio	0.77/1,000 SF

PROPERTY TAXES

Parcel Number	19-2165769	Improvements Assessment	$962,900 USD
Land Assessment	$512,800 USD	Total Assessment	$1,475,700 USD

PROPERTY TAXES

Parcel Number

19-2165769

Land Assessment

$512,800 USD

Improvements Assessment

$962,900 USD

Total Assessment

$1,475,700 USD

zoning

Zoning Code	LMUTC
LMUTC

(202) 280-2731

Contacts

Zach Benlemlih
Benjamin Wilson
Derrick Cohen
Burke McLaughlin
Greysteel Holdings

Listing ID: 32318269
Date on Market: 7/2/2024
Last Updated:
Address: 5801 Cleveland Ave, Riverdale Park, MD 20737

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