The Hecht Warehouse
1401 New York Ave NE,
Washington, DC 20002
$1,036 - $7,117
Studio - 3 Beds
There's a secret in Washington, DC: the tiny, trendy neighborhood of Ivy City. If you haven't heard of it, you aren't alone -- this up-and-coming neighborhood was mostly industrial and largely forgotten for decades. But with a history dating back to the 1870s and charming row houses lining the streets, the whispers about Ivy City are growing louder. Luxury apartments in historic warehouses add elegance to the neighborhood, and bars, restaurants, and entertainment venues add a layer of energy and excitement.
Ivy City's unique name (there isn't an abundance of ivy and it isn't a city) dates back to Civil War-era poet Thomas Seaton Donoho. He named his house Ivy Hall and wrote a book of poems called "Ivywall" in 1860. Donoho dubbed the rural area he lived in "Ivy City" and the name stuck. Ivy City is located on the northeast side of Gallaudet University, extending along New York Avenue from Mt. Olivet Road to the intersection of New York Avenue with West Virginia Avenue. This mixed-use neighborhood is home to several shops, bars, restaurants, an organic market, and several other businesses.
As of September 2025, the average apartment rent in Ivy City is $1,711 for a studio, $1,740 for one bedroom, $2,374 for two bedrooms, and $4,628 for three bedrooms. Apartment rent in Ivy City has decreased by -4.3% in the past year.
Studio
478 sq ft
Average Sq Ft
$1,711/month
Average Rent
1 BR
623 sq ft
Average Sq Ft
$1,740/month
Average Rent
2 BR
910 sq ft
Average Sq Ft
$2,374/month
Average Rent
3 BR
1,746 sq ft
Average Sq Ft
$4,628/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.