Engel & Völkers
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Engel & Völkers Commercial Berlin

+49 30 20346 0

OI-BER-42963 – This is the Engel & Völkers property ID, your agent might ask for it.

Team Investement Residential and Commercial

License partner of Engel & Völkers Commercial GmbH

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Engel & Völkers ID : OI-BER-42963
Friedrichshain-Kreuzberg, Berlin, Germany

Well-maintained residential and commercial building near Traveplatz

Price
€5,370,000

Plot surface690 m²

Financing option

Amenities and special features of this investment

Built around 1900, the residential and commercial building has 26 apartments and two commercial units spread across a front building, a side wing and a transverse building. Eight of the 16 residential units in the side wing and transverse building are designed as maisonettes. The fully let stucco property is accessed via three well-kept stairwells and is in good condition both technically and visually. The property was extensively renovated around 1999/2000, including the residential units, and the roof was extended. In the course of the refurbishment, all water, sewage and electrical pipes were renewed. New wooden and plastic insulated glass windows were installed, the facades were refurbished, the gables and parts of the rear of the transverse building were insulated and balconies facing the quiet courtyard were added. The majority of the units have a balcony, loggia or terrace. The apartments have white-tiled bathrooms typical of the period, and some have floorboards. The fully let residential units are heated and supplied with hot water via district heating. The energy certificate shows energy class C. There is a bicycle room for tenants in the basement. The property lies within the scope of a conservation statute, the "Boxhagener Platz" milieu protection area. Milieu protection area "Boxhagener Platz Representative stucco facade Extensive renovation in 1999/2000 Heating and water heating via district heating Apartment sizes in demand Most of the apartments with balconies or terraces Partly maisonette units Attic converted Average rent residential: 7.17 EUR/sqm Average rent commercial units: 13.86 EUR/sqm 42963
Property typeInvestment

Rental Surface

164 m²

Living area

1,903 m²

Total surface

2,067 m²

Plot surface

690 m²

Construction year

1900
Energy efficiency class
energy class icon
C
A+
A
B
C
D
E
F
G
H

Energy certificate available

Yes

Energy source

Long-distance heating

Energy Certificate Type

Energy Consumption Certifiate

Friedrichshain-Kreuzberg: Location and surroundings of this property

The property is located in the district Friedrichshain of the Berlin borough Kreuzberg-Friedrichshain. Due to the large offer of cafes, trendy bars and clubs, Friedrichshain has established itself as a very popular residential area for a creative audience but also young families. The residential environment is characterized by a high number of predominantly renovated and representative old buildings, with individual new buildings harmoniously complementing the streetscape. There are numerous shopping opportunities along Frankfurter Allee and at the Ring-Center. Boxhagener Platz with its many cafés and stores is within walking distance. The infrastructure is complemented by nearby schools and kindergartens. The transport connection can be described as optimal due to the S-Bahn and U-Bahn station "Frankfurter Allee". By car, you can reach Alexanderplatz in 15 minutes.

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Engel & Völkers
Commercial Berlin

Joachimsthaler Straße 1, 10623, Berlin

+49 30 20346 0

Engel & Völkers
Commercial Berlin

Joachimsthaler Straße 1, Berlin, 10623

OI-BER-42963 – This is the Engel & Völkers property ID.
Team Investement Residential and Commercial
License partner of Engel & Völkers Commercial GmbH
Website

Commission Details

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


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