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Office premises in a historic building near the heart of Berlin

2,160,000 €
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Total area: 260 m² Yield: 5.0% Built in 1900
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  • Operating Incomе: 108,000 €
  • Occupancy: 100%
  • Most recent total renovation: 2002
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%
  • Total premises: 5

It is office units investment in Prenzlauer Berg.


The total floor area is 260 m².

There are four offices and one side room.

The building was constructed in 1900 and renovated in 2002. Good condition.

The office has a tea kitchen, separate WCs, central heating.

All premises are leased out to a single tenant.

Financial performance

Absolute income is 108,000€.

The current yield of 5%.


The tenant is strong company branch.

The lease agreement is valid until 2020 with extension options for 2x5 years and indexation of rental rates.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.


The property is situated next to the Arnimplatz, at the border to Wedding.

Shops, restaurants, bus stops, metro and train station are in the immediate vicinity.

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Anastasia Sadilova
Real Estate Expert Tranio in Pankow
+44 20 3608 1267
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    • Bank financing from 1.5% annually
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