Residences at Market Square Condominium

Located at 701 Pennsylvania Avenue NW, Washington, DC 20004 | Penn Quarter

Located in the heart of Penn Quarter is a two-building condominium complex known as the Residences at Market Square. With a total of 210 upscale units, this is one of the largest residential communities in Washington, DC’s downtown area. Completed in 1991, the twin 14-story buildings with front-facing colonnades at 701 and 801 Pennsylvania Ave respectively, were designed by Hartman-Cox Architects in collaboration with Morris Architects and are a mixed-use development with offices at the lower levels and condos on the top five floors.

The two Neo-Classical structures known as Market Square East and Market Square West are distinctively shaped, basically forming a large rectangle with two concave facades at the inner corners facing each other and embracing the circular U.S. Navy Memorial Plaza.  The Archives-Navy Memorial-Penn Quarter Metro station is also located here, providing the ultimate convenience for residents and office workers who prefer public transit to driving. Condo owners also enjoy secure parking, adding yet one more perk. Other popular residential buildings in the neighborhood include Terrell Place, and the Residences at Market Square.

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Condominium residences at Market Square come in a wide range of sizes, from approximately 450 to 1,800 square feet, and from one to two bedrooms. Some of the residences also have bonus dens which can serve nicely as work from home spaces. The layouts are nice and open with huge windows, and most typically have rosewood floors although some owners have opted for carpeting. The generously sized walk-in kitchens with serving windows feature a variety of finishes, although white wood cabinetry with matching stone counters and panelized appliances are common. Wine refrigerators and Fisher Paykal dish drawers add another gourmet touch. Sweeping private balconies are another popular component at Market Square, offering impressive cityscape views including the Washington Monument.

The Residences at Market Square features plenty of amenities for each building, including staffed front desks with concierge service and security, heated rooftop swimming pools and decks, fitness centers, and secure parking. The complex is at the center of what was once known as Old Downtown. Condo owners working in various branches of the government, the legal system, and large financial institutions appreciate the close proximity to numerous office buildings. The condos are positioned between the White House and the Capitol Building and are just two blocks from the National Mall. Penn Quarter is one of Washington’s most walkable neighborhoods, known for an astonishing array of restaurants, pubs, museums, galleries, boutique retailers, and performance venues.

To learn more about condos for sale at The Residences at Market Square, please call Andre Perez at District Partners at Compass, 202-929-3600.

Realtor Andre Perez

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Residences at Market Square, dc FAQs

Q: Is parking available at Market Square?

A: Yes, secure underground garage parking is available for a monthly fee.

Q: What transportation options are available if I choose not to rent a parking space?

A: The entrance to the Archives-Navy Memorial-Penn Quarter Metro station with Green and Yellow Line service is at the corner of Pennsylvania Ave and 7th Street NE, right next to the condominium buildings.

Q: Is the condominium complex pet-friendly?

A: Yes, it is. There are a number of nearby green spaces to walk your dog.

Q: How far is it from the Residences at Market Square to the Capitol Building?

A: The distance is about three-quarters of a mile, along Pennsylvania Avenue.

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