The main building will contain 16 loft-style condos, a fitness center, billiards room, and a rooftop pool. Ronan’s challenge is to offer modern amenities but retain the building’s historic charm. The lofts will feature the laundry’s original white glazed brick plus joists, 14-foot ceilings, and large, square-paned windows reminiscent of the industrial era. The finishes—maple cabinetry and contemporary countertops—will be modern.
While the developers tout the location as a “coveted residential destination” and a “vibrant community,” the area is not a hotspot yet. Dingy liquor stores and New York Avenue’s strip of fast-food chains are nearby. Still there is a lot of new construction. In a few years, buying a condo here might prove a great investment.
What: Yale Steam Laundry Condominium
Where: 437 New York Avenue, NW.
Number of Units: 359—16 in the main building, 133 in Yale East, 210 in Yale West.
Pricing: Lofts in the historic building have not been priced, but will likely range from the high-$400,000s to the $700,000s. The towers offer studios, one-, and two-bedrooms priced from the mid-$200,000s to the high-$500,000s.
Expected Completion: The historic building and Yale East should to be completed this fall. The developers have not set a completion date for Yale West.
On Sale? Yale East is for sale; lofts in the historic building go on the market May 10th.
Closest Metro: Mount Vernon Square, on the Green and Yellow lines, is about three blocks away.