Krátkého, Vysočany - Prague 9 | Sale, Apartment building, 1 048 m²

Apartment building

An investment opportunity involving a five-story apartment building featuring a remarkable street façade and potential for further extension in the attic. Built in 1912 by architect Václav Haas, the building is located in the central part of Vysočany, on a quiet side street, just a few minutes’ walk from the Vysočanská metro station, a shopping center, and all local amenities.

Current use

total area: 1,048 m²
leasable area: 980 m²
- residential units area: 575 m²
- commercial and office area: 237 m²
- other areas (cellars): 151 m²
- balconies: 17 m² (included in the leasable area)
current number of units: 11
land area: 370 m²
building use: apartment building
zoning plan: SV – general mixed-use

Building's potential

A reconstruction and potential extension could allow for the optimization of the existing layout and creation of new residential units, which could significantly increase the property’s overall value. A concept study*, taking into account the character of the surrounding development, anticipates a potential increase in the total residential floor area of up to 460 m². However, the possibility of carrying out the extension is subject to approval by the local building authority; no building permit has been issued yet, and the project is currently in the concept verification phase.

total area: 1,246 m²
leasable area: 1,196 m²
- residential units area: 1 034 m²
- balconies: 18 m²
- terraces: 45 m²
- other areas (cellars): 99 m²
potential number of units: 22

Property description

masonry building from 1912, renovated in 1997 and 2008; in 2023, the street façade and part of the courtyard façade underwent a major refurbishment
very good and well-maintained condition
1 underground and 5 above-ground floors
no elevator
heating: electric direct heaters

All listed areas/sizes are in accordance with the Civil Code.

* The study is for reference only and does not constitute a binding basis for construction or other administrative proceedings.

Location

Vysočany is undergoing a dynamic transformation from a former industrial district into a modern urban center with a complete infrastructure and civic amenities, as well as excellent transport accessibility—a metro station, train station, and tram and bus stops are all nearby. The Rokytka Stream and numerous city parks offer plenty of greenery and leisure time opportunities.