Multi-family home in Altona sold for €2m

Deal | Hamburg-Altona

Grossmann & Berger has brokered a sale between private investors in which an apartment block in the historic centre of Altona changed hands for €2m. This investment property is a red-brick 1950s building with 22 apartments.
It is close to Altona station and the shopping street Große Bergstrasse, which features IKEA’s first in-city store, and is situated in a residential road dominated by multi-family blocks.
The apartments vary in size from 38 to 64 m², the total living area is some 1,018 m².

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