A prestigious residential and commercial building in the sought-after Wrangelkiez neighbourhood, featuring a penthouse loft flat ready to move into

The property is a mixed-use residential and commercial building, constructed around 1890, comprising a total of 19 residential and three commercial units. Two of the commercial units are currently let to an art gallery and a vintage fashion shop. The third commercial unit and one of the flats are let on a fixed-term basis, furnished and at a flat-rate rent, through an agency. The units are spread across a front building, a side wing and a garden house, each comprising five full storeys and a converted attic. In the front building, the attic was converted to a high standard in 2012. The attic flat is available for immediate occupancy. In 2021, the attics in the side wing and rear building were converted into storage rooms. These are not included in the floor area and are let to the tenants of the flats below them under separate tenancy agreements. The property is accessed via two staircases and is in good condition, both visually and technically. Original features such as the historic banisters and doors, as well as stucco in the entrance area and scattered stucco elements on the façade, are still present. The units are heated by a gas central heating system dating from 1997. Hot water is supplied by instantaneous water heaters. The well-maintained inner courtyard features bicycle parking spaces and an area for waste disposal. The flats have balconies or terraces. The property underwent a complete refurbishment in 1988 and 1989. A wide range of refurbishment works have also taken place since 2010. For instance, the roofs were refurbished during the conversion of the attic floors. In addition, the stairwells were refurbished, the balcony structures were reinforced, the first inner courtyard was landscaped, and a lockable bicycle storage room – which is let separately – was installed. The façades and balcony doors were also replaced. The property falls within the scope of a conservation order for the 'Luisenstadt' heritage conservation area. Neighborhood with a distinctive character Highly sought-after residential area Good condition Features traditional architectural elements Gas central heating No passenger elevator Balconies/terrace High-quality attic conversion Average residential rent: EUR9.23/sqm Average commercial rent: EUR17.35/sqm 2240