Flat for sale 1 bedroom • 28 m² without real estateFriedenstraße 23 Hamburg Eilbek Hamburg 22089

Sometimes it isn’t the largest apartment that counts, but the most well thought-out one. This fully modernized and furnished city apartment combines high-quality features with an exceptional view stretching from Jacobipark all the way to the Port of Hamburg. Thanks to its excellent transport connections, you can reach Hamburg’s main train station within minutes – while simultaneously enjoying the tranquility of a well-maintained residential complex.

Whether it’s your first home, a stylish second residence, or a sustainable investment property – this apartment impresses with its immediate availability, modern features, and long-term value retention.

Living

• Fully modernized

• High-quality oak pre-finished parquet flooring

• Modern bathroom

• New fitted kitchen

• New electrical system

• New windows with triple glazing

• New radiators

Comfort

• Large passenger elevator

• Balcony

• Panoramic view

• Storage room in the attic

• Laundry room & drying rooms

Location

• 350 m to S1 / RE / RB

• 600 m to the U1

• Wandsbek Quarree

• Jacobipark

• City centre in just a few minutes

Recreation & Leisure

• Jacobipark right at your doorstep

• View stretching to the Port of Hamburg

• Quiet residential setting despite the central location

Shopping & Gastronomy

• Wandsbek Quarree within a few minutes’ walk

• Supermarkets, bakeries, and cafés in the immediate vicinity

• Diverse dining options and local amenities

Mobility

• S1, RE, and RB approximately 350 m away

• U1 Wandsbeker Markt about 600 m away

• Hamburg’s main train station within minutes

• Fast connection to the city centre and the airport

The communal areas have also been continuously maintained and modernized in recent years:

• Balconies, facade, and flat roof were refurbished in 2002/2003.

• The elevator system was renewed in 2003.

• The entire staircase was completely renovated and repainted in 2026.

Additional highlights:

• Balcony with an impressive panoramic view spanning from Jacobipark to the Port of Hamburg

• Large passenger elevator

• Private storage room in the attic

• Communal laundry room and drying rooms in the basement

• Well-maintained residential complex with professional property management

The apartment also stands out as an investment property:

• Immediately available

• Fully modernized

• Minimal maintenance risks in the privately owned property

• Solid homeowners’ association

• High maintenance reserve

• Excellent rental potential due to its location and size

From a financial perspective, the apartment is also very solid:

• Monthly service charge: €165.00

• Allocable operating costs for 2025: €671.65

• Non-allocable costs: €467.70

• Heating costs: €388.34

• Contribution to the maintenance reserve: €316.00

• Maintenance reserve of the condominium association as of 31.12.2025: €451,881.00

• Proportional maintenance reserve of the apartment: €3,569.86

Due to the age of the building, buyers intending to rent may also consider the possibility of a shortened actual remaining useful life pursuant to § 7, Paragraph 4, Sentence 2 of the German Income Tax Act (EStG). With the appropriate expert appraisal, this could potentially result in increased annual depreciation (AfA) compared to the typical building depreciation.

The specific tax treatment, the amount of the depreciable building portion, and the recognition of a shorter remaining useful life depend on the individual circumstances of the buyer as well as the evaluation by the tax authorities. This information does not constitute tax advice or a guarantee of any particular tax benefit.