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Residential and commercial building in poor condition

Urbanstraße 173, 10961 Kreuzberg, Berlin

Up for auction: a share of the property, not a separate unit

Auction in 21 days

Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.

Appraised value

€780,000

Auction date

15 October 2026

10:00

Partition auction

This procedure dissolves a joint ownership. Several co-owners hold the property together and bid against each other.

Dissolution of co-ownership

Appraised value

780,000

Bidding thresholds
50%70%
390,000546,000

Minimum bid: below €390,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €546,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

15 October 2026 · 10:00

Auction venue

Amtsgericht Kreuzberg, Möckernstr. 130, 10958 Berlin, Saal A144, Hinweis: Wartezeiten wegen Einlasskontrollen möglich!

Case number

0030 K 0049/2025

Next steps

Bid deposit

Thursday, 8 October 2026

  • €78,000 (10% of the appraised market value)
  • By bank transfer to the court cash office
  • The court must have the money before the auction starts

Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)

Auction

Thursday, 15 October 2026

  • 10:00
  • Amtsgericht Kreuzberg in Berlin
Payment of the purchase price

approx. November 2026

The court sets the deadline, roughly 6 weeks after the award

Read the official auction notice

The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.

The data comes from zvg-portal.de, the official portal of the German federal states.

Closing costs

Bid amount

of the appraised market value

State

Property transfer tax6.0%€32,760
Court fee for the award (§ 54 GKG)approx. 0.5%€2,730
Land register entryapprox. 0.3%€1,638
Total closing costs€37,128(6.8%)

Total investment

€583,128

€546,000 purchase price + €37,128 closing costs

Bid deposit€78,000

10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.

No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €27,682 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Wohn-/Geschäftshaus

Living area

486.1 m²

Price per m²

€1,605

Plot size

231 m²

Year built

approx. 1880

Occupancy

Let

Town

10961 Kreuzberg

Property description

Multi-family residential and commercial building in Berlin-Kreuzberg, at the corner of Urbanstraße and Baerwaldstraße, in a medium residential location with very good local area supply and proximity to the Landwehrkanal. The 4-storey building with unconverted attic and full cellar was erected around 1880 and, after war destruction, rebuilt in the 1960s with a new facade and roof.

The house has 8 rental units with a living and usable area of 552.70 m², of which currently only 4 units are let. The monthly net cold rent (Nettokaltmiete) of the let units totals around 1,490.43 €, whereby the rent amount for one flat is not known.

The property is in poor structural condition with damp damage to the facade and cellar walls, damaged wooden windows and outdated stove heating in several flats. Due to the considerable modernisation need, buyers have significant value-enhancement potential after refurbishment.

Klaava Pro

What Pro adds for this property

  • 7 findings from the appraisal, 1 of them rated severe
  • Valuation: Income approach, Property yield rate
  • Land register: Sheet, Cadastral district
  • 8 units with floor area, actual rent and market rent
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • More key facts: Remaining useful life and 2 more
  • 16 more photos of this property
Unlock freeThen try Pro free for 7 days.

Official property description

The court’s wording

Mehrfamilienwohn- und Geschäftshaus.4-geschossiger Baukörper zzgl. Vollkeller und unausgebautem

Dachgeschoss, Baujahr ca. 1880. 8 Mieteinheiten, davon 4 vermietet. Vermietbare Wohn-/Nutzfläche 552,70 m².

Mieteinnahmen, netto/kalt, p.m. 1.490,43 €, jedoch nur soweit bekannt.

Heizung: Gasetagen- und Ofenheizung.

Das Objekt befindet sich in einem schlechten Zustand.

Das Versteigerungsobjekt ist mit einer Grundschuld belastet, welche von einem Ersteher nach den derzeitigen Versteigerungsbedingungen zu übernehmen ist.

English translation

Multi-family residential and commercial building. 4-storey building plus full cellar and unconverted

attic, year of construction approx. 1880. 8 rental units, of which 4 let. Lettable living/usable area 552.70 m².

Rental income, net/cold, per month 1,490.43 €, however only as far as known.

Heating: gas floor heating and stove heating.

The property is in poor condition.

The auction property is encumbered with a land charge (Grundschuld), which a successful bidder must assume under the current auction conditions.

Wording of the local court, taken from the official auction notice.

All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.

What the surveyor's report says

Construction

Massivbau mit Holzkonstruktionen bei Decken und Dach, vollunterkellert. Fassade ohne Wärmedämmung. Teils originale Holzkastenfenster, teils neuere Fenster mit Isolierverglasung.

Findings of the surveyor · 7 findings

  • Interior fit-out (3)
  • Facade
  • Basement
  • Heating
  • Plumbing

Read out of the market value report written by the court-appointed surveyor.