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Condo Split in Samariterkiez. Investments in Berlin Friedrichshain

30 leased units (32–248 sqm), available individually or as a package. Period building comprehensively modernized in 2002 and consistently maintained since; solid technical condition with no visible capex requirements. Stable tenancy in a sought-after micro-location supports predictable cash flows. Entry pricing below comparable Friedrichshain levels. Additional upside potential upon unit turnover.

Borough
Friedrichshain-Kreuzberg
District
Friedrichshain
Address
Rigaer Straße 79, 10247 Berlin
Units
28 residential units, 1 commercial unit
Living Space
~33 to ~181 m²
Price
from €145,562
Project Description

Tenanted apartments in super solid quality building

This condominium conversion project in Berlin’s Samariterkiez comprises 30 tenanted residential units offered for individual sale. The asset itself is not for sale; only the apartments are being marketed separately. The building underwent a full modernisation in 2002 and has been continuously maintained since then. Both the structural condition and the common property present a reliable framework for long-term investment decisions.

Unit sizes range from 32 to 248 square metres, allowing for different investment strategies. Package purchases can be considered on request. The letting situation is stable, and due to the location, unit mix and demand in this segment, there is effectively no vacancy risk. The price level remains below comparable areas in Friedrichshain, offering a balanced relationship between acquisition cost and rental yield.

The technical and energetic standards are above average for a period property, reflecting the comprehensive refurbishment carried out in 2002. The established neighbourhood structure, sustained demand and steady rental market conditions create a high degree of planning reliability. When units become vacant, values typically rise, offering additional medium-term development options.

Overall, the project provides structured access to individual apartment investments in a sought-after inner-city environment characterised by stable demand and a balanced risk profile.

Project Details

Your Berlin Real Estate Investment. High Demand and Top Value Growth

Specifications

The building comprises a front house and side wing with several staircases, residential units and one commercial unit. Basement storage rooms and bicycle areas are available.

The property underwent a comprehensive refurbishment in 2002. Façades, stairwells, courtyard areas and the roof were renewed. Heating and sanitary systems were upgraded and connected to district heating.

Inside the units, kitchens and bathrooms were modernised, floorboards refurbished where present and sound-insulation measures implemented. Electrical installations were carried out according to current DIN and VDE standards.

Location

The Samariterkiez in Berlin-Friedrichshain is a centrally located residential quarter with a well-established urban structure. The area is characterised by traditional block-edge buildings, dense local infrastructure and short walking distances. Residential streets, small-scale commercial uses and a wide range of services form a versatile urban setting.

Public transport connections are strong. Underground and tram lines are within walking distance, providing fast links to the eastern city centre, including Alexanderplatz, Warschauer Straße and Prenzlauer Berg. The neighbourhood maintains a consistently high level of housing demand due to its central position, established environment and proximity to employment, education and leisure facilities.

Green spaces such as Forckenbeckplatz and Blankensteinpark are close by. Daily amenities as well as cultural and gastronomic offerings are readily accessible. The location benefits from its position between the lively areas around Frankfurter Allee and the quieter residential zones towards Volkspark Friedrichshain.

Overall, the Samariterkiez offers an urban, well-connected residential environment with stable fundamentals and sustained demand.

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Available Units

19 units available

Offer No. Unit Type Floor Living Space Rooms Purchase Price Details
7315 04 Apartment 1 ~80 m² 2 €323,575
~€4,037/m²
Details
7316 05 Apartment 1 ~73 m² 2 €299,000
~€4,084/m²
Details
7317 10 Apartment 2 ~83 m² 2 €349,230
~€4,200/m²
Details
7318 11 Apartment 2 ~74 m² 2 €311,010
~€4,200/m²
Details
7319 17 Apartment 3 ~85 m² 3 €360,010
~€4,245/m²
Details
7320 18 Apartment 3 ~75 m² 2 €320,450
~€4,250/m²
Details
7321 24 Apartment 4 ~85 m² 3 €364,253
~€4,300/m²
Details
7322 25 Apartment 4 ~75 m² 2 €324,521
~€4,300/m²
Details
7327 19 Apartment 3 ~60 m² 2 €325,000
~€5,428/m²
Details
7330 27 Apartment 4 ~38 m² 1 €159,390
~€4,200/m²
Details
7331 08 Apartment 1 ~181 m² 6 €768,612
~€4,250/m²
Details
7332 03 Apartment 0 ~67 m² 2 €290,000
~€4,301/m²
Details
7333 14 Apartment 2 ~104 m² 3 €428,368
~€4,100/m²
Details
7335 21 Apartment 3 ~106 m² 3 €539,000
~€5,074/m²
Details
7337 28 Apartment 4 ~106 m² 3 €446,460
~€4,200/m²
Details
7338 29 Apartment 4 ~82 m² 3 €342,720
~€4,200/m²
Details
7340 16 Apartment 2 ~33 m² 1 €219,500
~€6,566/m²
Details
7341 23 Apartment 3 ~34 m² 1 €145,562
~€4,250/m²
Details
7342 30 Apartment 4 ~34 m² 1 €145,562
~€4,250/m²
Details
10 units already sold
Offer No. Unit Type Floor Living Space Rooms
7313 01 - 0 ~248 m² 5
7323 06 Apartment 1 ~58 m² 2
7324 07 Apartment 1 ~36 m² 1
7325 12 Apartment 2 ~59 m² 2
7326 13 Apartment 2 ~37 m² 2
7328 20 Apartment 3 ~38 m² 1
7329 26 Apartment 4 ~60 m² 2
7334 15 Apartment 2 ~78 m² 3
7336 22 Apartment 3 ~81 m² 3
7339 09 Apartment 1 ~32 m² 1

Location

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Phil Gries

Phil Gries

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