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Top city location, investment property

10247 Berlin (Friedrichshain)
409.200 €
2.5
Room
70 m²
Living Area
Private offer
apartment

The listed ensemble with its unique "Socialist Classicism" architecture was planned and built by a group of famous architects, often named by Hermann Henselmann. The magnificent socialist boulevard is the longest listed building in Europe. The interior design, which was luxurious by the standards of the time, is reminiscent of Bauhaus architecture.
The apartment is located on the third floor of the building and can be reached either on foot via a spacious staircase or by elevator. The building services have been renovated, the staircase has been refurbished in keeping with the listed building, the heating is provided by district heating, the windows have been renewed and there is a lockable bicycle room on the first floor. A cellar belongs to the apartment.
As can be seen from the floor plan, the living room faces the avenue with an unobstructed view, while the bedroom and the spacious kitchen face the quiet side to the rear. The apartment is entered via a large entrance area, which can be used as a workplace. From here you enter the living room on the left, the bedroom on the right and the bathroom and a storage room straight ahead. Next to the bedroom is the kitchen.
The apartment is currently rented to a single, middle-aged man. By law, the tenant is entitled to ten years' protection against dismissal in accordance with the Berlin Dismissal Protection Clause Ordinance. This protection against dismissal will expire in 2025.
The apartment is lived in and should be refurbished at a reasonable cost; comparative costs are available. The refurbishment of the communal property, electrical and string refurbishment, stairwells, elevators, renewal of the windows and the renovation of the facade is included in the price and completed.

Object description
The listed ensemble with its unique architecture of "Socialist Classicism" was planned and built by a group of famous architects, Hermann Henselmann is often mentioned as a representative. The magnificent socialist boulevard is the longest architectural monument in Europe. The interior design, which was luxurious for the time, shows references to Bauhaus architecture. The apartment is on the third floor of the house and can be reached either on foot via a spacious staircase or by elevator. The building technology has been renovated, the stairwell has been renovated in accordance with listed buildings, the heating is via district heating, windows have been replaced, and there is a lockable bicycle room on the ground floor. The apartment has a cellar. The illustration in the floor plan shows As can be seen from the floor plan, the living room is located with an unobstructed view of the avenue, the bedroom and the spacious kitchen are facing towards the back, towards the quiet side. The apartment is entered via a larger entrance area, which can be used as a workplace. From there you go left into the living room, right into the bedroom, straight ahead into the bathroom and a storage room. The kitchen is next to the bedroom. The apartment is currently rented to a single, middle-aged man. By law, the tenant is entitled to ten years of protection against dismissal in accordance with the Berlin Dismissal Protection Clause Ordinance. This protection against dismissal will expire in 2025. The apartment is lived in and should be renovated at a manageable cost; comparison costs are available. The renovation of the common property, electrical and cable renovation, stairwells, elevators, replacement of the windows and the renovation of the facade is included in the price and completed.

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Object Number
OM-288729
Object Class
apartment
Object Type
apartment
Is occupied
Occupied
Handover from
by arrangement

Purchase price & additional costs

purchase price
409.200 €
Purchase additional costs
approx. 30,032 €
Total costs
approx. 439,232 €
HOA fee
271 €

Breakdown of Costs

Purchase price 409.200 €
Real estate transfer tax 24,552 € (6.00%)
Notary costs 3,618 € (0.88%)
Land register entry 1,863 € (0.46%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

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Estimated monthly rate: 1,487 €

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.45%

Details

Condition
in need of renovation
Monument protection object
Yes
Number of floors
4
Level
4th floor
Usable area
70 m²
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
other (see text)
Year of construction
1953
Equipment
basement, elevator, full bath
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, high school, public transport

Information on equipment

Bathroom and kitchen are obligatory, but correspond to the original fittings of the time. Note on refurbishment.

Comments on the equipment
Bathroom and kitchen are obligatory, but correspond to the original equipment at the time. Note on renovation.

Location

An apartment in a top city location in the Friedrichshain district is for sale. It is located in one of the magnificent buildings on Frankfurter Allee.
The sought-after and probably most popular avenue in Berlin begins at Alexanderplatz and, with its unobstructable width of approx. 100 meters, is the oldest traffic route in Berlin in an easterly direction.
It was renamed Karl-Marx-Allee and Frankfurter Allee in the early 1960s to mark the laying of the foundation stone for the magnificent boulevard, Stalinallee, at the beginning of the 1950s. It runs in a straight line from Alexanderplatz via Strausberger Platz to Frankfurter Tor. The residential area is extremely popular. It is a unique mix of feel-good atmosphere in historic houses with their modern and well-thought-out layouts, its historical significance and its current trendy life. The young Simon-Dach-Viertel, Boxhagener Straße and Warschauer Brücke with its lively life, cafés and stores for public needs are all close by.

Description of the situation
My apartment in a top city location in the Friedrichshain district is for sale. It is located in one of the magnificent buildings on Frankfurter Allee. The sought-after and probably most popular avenue in Berlin begins at Alexanderplatz and, with its unobstructed width of approx. 100 meters, points towards the east as Berlin's oldest traffic route. When the foundation stone was laid for the magnificent boulevard, which was originally called Stalinallee in the 1950s, it was renamed Karl-Marx-Allee and Frankfurter Allee in the early 1960s. It develops in a straight line from Alexanderplatz via Strausberger Platz to Frankfurter Tor. The residential area is extremely popular. It is a unique mix of feeling good in historic houses with their modern and well-thought-out floor plans, their historical significance and their current trendy life. The young adventure mile Simon-Dach-Viertel, Boxhagener Straße, Warschauer Brücke with its lively life, its cafés and stores for public needs are very close.

Location Check

Kultur
Restaurants
Einkaufen
Nachtleben
Sport
Mobilität
Medizin
Natur

Energy

Energy certificate type
not legally required
Main energy source
district heating

Miscellaneous

Possible planned modernizations have been carried out in a comparable manner in a neighboring house. They relate to changes to the bathroom, replacement of the flooring, some changes to the electrics in the rooms and cosmetic measures. Documents are available for inspection.

The sale is private.

Miscellaneous Possibly planned modernizations have been carried out in a similar manner in a neighboring house. They relate to a change to the bathroom, renewal of the floor, partial changes to the electrical system in the rooms and cosmetic measures. Documents can be viewed.

The sale is private.

Broker inquiries not welcome!

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Offer from: Herr Güntzner