The building of 2,368,54 m² was built in 1875 and is protected as a monument of architecture. The house was completely reconstructed using high-quality materials. The façade remained after the war.
The property consists of 21 flats, including one commercial unit. 18 apartments are vacant, 2 apartmets are leased.
After modernization of the building price per 1 m² in a flat will be 7,500 euros and in a penthouse — 11,000 euros.
The cost of ownership
Approximative price for modernization of the building and construction of a penthouse is about 5,000,000 euros.
The building is located in Mitte district, in the historic center of Berlin.