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Engel & Völkers Commercial Berlin

+49 30 20346 0

OI-BER-93956 – 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-93956
Neukölln, Berlin, Germany

Residential and commercial building in Neukölln with vacancy and loft conversion potential

Price
€4,400,000

Plot surface861 m²

Financing option

Amenities and special features of this investment

The property is a residential and commercial building built around 1915 with 28 residential and five commercial units spread over five full floors in a front building, a side wing and a transverse building. Six apartments and the three commercial units on the first floor of the side wing and transverse building are currently vacant. The vacant units are in need of refurbishment. The property is supplied with heat and hot water via gas floor heating systems, and there are still stoves in two empty apartments. On the street side, the façade and balconies have already been renovated. There is a positive preliminary building permit for the attic conversion for four residential units with approx. 390 m² of living space and the addition of two elevators. The inner courtyard has a basement with a vacant commercial cellar/warehouse. The property is located within the scope of a conservation statute, the "Hertzbergplatz/Treptower Straße" milieu protection area. Sought-after residential area near Landwehrkanal Old building details partially present Balconies in the front building Positive preliminary building permit for attic extension with approx. 390 m² NF and 2 passenger elevators Apartment sizes between approx. 40 and 112 sqm Gas floor and two stove heating systems Approx. 750 sqm vacant Milieu protection area "Hertzbergplatz/Treptower Straße" Average residential rent: EUR4. 39/sqm Average commercial rent: EUR2. 90/sqm 93956
Property typeInvestment

Rental Surface

201 m²

Living area

2,013 m²

Total surface

2,214 m²

Plot surface

861 m²

Construction year

1915

Energy certificate available

No

Neukölln: Location and surroundings of this property

The residential and commercial building for sale is located in the northern part of Neukölln near the junction with Elsenstrasse, which connects the Neukölln district with the Alt-Treptow district to the north-east. The numerous leisure opportunities are complemented by a variety of restaurants, cafés and stores. The 88-hectare Treptower Park, which was created in the second half of the 19th century, is one of Berlin's most popular recreational areas in the immediate vicinity. Public transport connections are provided by various bus lines and the "Treptower Park" S-Bahn station. Among other things, this S-Bahn station offers a direct connection to the S-Bahn Ring. The new capital city airport BER is also easily accessible.

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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-93956 – 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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