Koszykowa 69 – Residential

This listed Warsaw city center tenement with 1,910 m2 of useable residential space and ground floor retail space was in a poor state of repair and full of rent regulated tenants. The property was vacated and renovated in 2010 and the apartments sold in 2010/2011. The rear portion of the building remains undeveloped and is currently being cleared out of tenants.
Purchase Date
January 2007
Purchase Price (including costs of vacating)
€ 1.25 m
Redevelopment Budget
€ 830.000
Start Sale Date for Apartments
April 2010
Sale Price
€ 3.8 m
Private Individuals