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Engel & Völkers Commercial Berlin

+49 30 20346 0

OI-BER-99323 – 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

Website
Engel & Völkers ID : OI-BER-99323
Neukölln, Berlin, Germany

Residential and commercial building in the heart of Schillerkiez

Price
€3,300,000

Plot surface869 m²

Financing option

Amenities and special features of this investment

The property is a residential and commercial building built around 1900 with 31 flats and two commercial units spread over five full storeys in the front building and a side wing with a cross-building. The property is accessed via three well-maintained staircases and presents itself visually in a well-kept condition. Old building details, such as stucco elements, old doors and corresponding ceiling heights, are partially present. The units are heated by means of 14 gas floor heating systems and 16 stove heating systems as well as an oil heating system for one residential unit; the hot water supply is also decentralised via the combination boilers or electric boilers. The electrics were renewed in individual units in the course of tenant changes. The flats have floorboards and the units in the front building have a balcony facing the street. The majority of the wooden windows were replaced with plastic insulating glass windows some time ago. One unit in the side wing is currently vacant and would have to be refurbished before it could be rented out again. The roof is in good condition overall. The flat roof area was recently renewed. The attic floor is likely to offer further potential for conversion. A permit for the roof extension is not available. The property is located in the area of application of a preservation statute, the milieu protection area "Schillerpromenade". Schillerpromenade" area for the protection of the environment Very popular residential area Traffic-calmed street Well-maintained condition One vacancy 14 gas heating systems, 16 stove heating systems and one oil heating system Attic not converted Average rent residential: 5,01 EUR/sqm Average rent commercial: 6,77 EUR/sqm 99323
Property typeInvestment

Rental Surface

168 m²

Living area

1,664 m²

Total surface

1,872 m²

Plot surface

869 m²

Construction year

1900

Energy certificate available

No

Neukölln: Location and surroundings of this property

The property is located in a highly sought-after location in the Berlin district of Neukölln. The heart of the neighbourhood is the beautiful Schillerpromenade with Herrfurthplatz. The residential environment is characterised by a high number of mainly renovated old buildings and the direct proximity to Tempelhofer Feld. Nearby Kreuzberg and the neighbourhoods around Schillerpromenade and Reuterplatz have established themselves in recent years as lively neighbourhoods with nice, small shops, cafés, bars and restaurants. Green spaces such as the Hasenheide, along with numerous cultural facilities, enhance the quality of life in the residential environment. The connection to the public transport network is optimally guaranteed by various bus lines running in the immediate vicinity as well as by the underground station "Leinestraße". By car, the nearby "A 100" city motorway slip road can be reached in five 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-99323 – 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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