Apartment building 2,700 m² in Berlin

Description

The building of 2,700 m² consists of residential and commercial premises:

• Residential accommodation (33 flats, 29 of which have been renovated) — 2,500 m²
• 2 commercial premises — 200 m².

There are 2 elevators.

Plot area — 950 m².

Currently, all the flats are let. One commercial premises of 130 m² is vacant.

The annual income is 409,000 €.

The yield is 2.5%.

Notary (state registration) is 1.5–2%.

Acquisition tax is 6%.

Brokerage fee is 4% + VAT 19% (total 4.76%).

Friedrichshain originally shaped by creative people, with its varied historical neighbourhoods is now one of the most sought-after places to live in within the capital. Along the Spree are located companies such as Mercedes-Benz, Universal Music, Zalando and Amazon. The area is known for the clubs along Holzmarktstraße and the East Side Gallery. In addition, the location allows one to easily escape the dynamic city life to Berlin’s oldest park located in a walking distance from the complex. The Volkspark park offers plenty of different leisure activities, from open-air cinema to beach sports and basketball. Along the banks of the Spree, the area around the Oberbaumbrücke with its countless bars, clubs and restaurants has established itself as the center of Berlin ‘s nightlife.

The complex benefits not only from its central location within Berlin, but also from its excellent public transport connections. It is only a short walking distance to the Ostbahnhof and the U-Bahn station ”Weberwiese“, whose rail network provides direct connections to the Zoo station, Alexanderplatz, the main railway station and BER airport.