Engel & Völkers
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Impressive residential and commercial building in the popular "Reuterkiez" neighbourhood

€8,400,000
  • 3,337 m² Total surface
  • 2,712 m² Living area
  • 952 m² Plot surface
  • 465 m² Office surface
  • 161 m² Rental Surface

Description

The residential and commercial building is an imposing corner building dating from around 1906 and has three commercial units and 34 apartments. The façade of the property is characterized by a representative retail area with enormously high ceilings, balconies, loggias and bay windows. There are largely refurbished wooden double box windows and only a few plastic insulated glass windows. At the beginning of the 1990s, the attic was converted into living space. The property is heated by district heating and the hot water is heated decentrally by instantaneous water heaters. The electrics are centralized. The property's three staircases are characterized by old handrails, stucco elements and elegant marble panelling. Classic old building elements such as double doors, stucco and parquet flooring can be found in the apartments. The property presents itself in a solid, well-kept condition. The property was built by the renowned architect Reinhold Kiehl and is subject to ensemble monument protection. Furthermore, the property is located in the "Flughafenstraße/Donaustraße" milieu protection area. Prestigious corner house Central and popular location Top floor converted Loggias, balconies, bay windows Heating via district heating "Flughafenstraße/ Donaustraße" neighbourhood protection area Ensemble monument Average residential rent: EUR 7.47/sqm Average rent for shops: EUR 15.08/sqm Average rent for medical practice: EUR12.26/sqm O112996

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-O112996

Property details

Object type

Investment

Total surface

3,337 m²

Living area

2,712 m²

Plot surface

952 m²

Office surface

465 m²

Rental Surface

161 m²

Target return

4.05211142857143 %

Energy efficiency information

Construction year

1906

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Energy source

Long-distance heating

Location: Neukölln, Berlin

The property is located in the main traffic and shopping street of the Neukölln district. The location in the popular "Reuterkiez" with numerous exciting gastronomy concepts, galleries, second-hand stores, cafés and creative centers stands for the typical, popular Berlin mix of multiculturalism and bohemia. There are numerous shopping opportunities. The "Neukölln-Arkaden" shopping center also has a library, a fitness studio and a cinema, offering a wide range of leisure activities. The Tempelhof airfield and the Hasenheide city park offer opportunities for local recreation. Transport links are very good both by car and by public transport via the subway stations "Rathaus Neukölln" and "Hermannplatz" as well as various bus routes.

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Engel & Völkers Commercial Berlin

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Provider:

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Commission details

The brokerage fee of 7.14% of the purchase price including VAT is payable by the buyer.

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