We offer for sale an ideal co-ownership share of 1/4 in an elegant historic apartment building that forms the dominant corner of Dobrovského and Ovenecká streets. The main benefit, in addition to an attractive address in Letná, close to a park, museums, and the main Letná boulevard, is the unused attic space, which were a lucrative attic conversion can be implemented.
Key investment criteria
Key investment criteria
- current net floor area of units: 1,178.5 m² (18 units)
- floor area of residential units: 1 070,5 m²
- floor area of commercial units: 108 m²
- floor area of cellars: 98 m²
- floor area of the attic: 230 m²
- units are leased at market rents
- potential floor area after the attic conversion: up to 1,608 m2
- attic space of approx. 230 m2 with a ridge height of 5.1 m and direct access from the common areas of the building
- continuously maintained building
- premium part of Prague 7 – Holešovice, in close proximity to Letná Park
Property description
- building constructed in the 1920s
- 7 floors (6 above ground and 1 underground)
- key investments completed: modern elevator (2015), complete window replacement (2018), and gas distribution replacement (2025)
- 16 residential and 2 commercial units
- layouts ranging from studio apartments to larger family units: studio (1+kk), studio with a separate kitchen (1+1), 1-bedroom apartment (2+kk), 1-bedroom apartment with a separate kitchen (2+1), 2-bedroom apartment with a separate kitchen (3+1), and 3-bedroom apartment (4+kk)
- unit sizes from approx. 40 m² to 90 m²
- the attic space with a height of 5.1 m offers the possibility to create one or two luxury duplex penthouse apartments
Location
Letná is an address that has retained its value. The building is located on the corner of Dobrovského and Ovenecká streets, just a few steps from Letná Park and not far from Stromovka Park. The neighborhood is full of stylish cafés, bistros, and restaurants, while a tram stop within a 5-minute walk provides quick connections to the city center and nearby metro stations (Hradčanská and Vltavská). The immediate surroundings offer complete civic amenities, including schools from a kindergarten to a high school, and medical and other services. Nearby cultural institutions include the National Technical Museum, the National Museum of Agriculture, the National Gallery, and the Bio Oko art-house cinema.
Facilities
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Elevator
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Cellar