The value of these buildings lies in their location in the centre of the Moscow megalopolis. Once restored, many of them will enter the premium property segment. Such properties are attracting interest from the side of developers.
The auctions will take place on the 12th of April, and those wishing to take part should file an application no later than the 6th of April. More information can be obtained by calling (499) 652-60-25.
A Brief Description of the Properties
House at no.8 Ostozhenka St., bldgs. 1,2,3, able to be converted into a prime residence. Total area – over 7,000 sq. metres. Starting price per metre for this property is 75,000 roubles, where the average market rate for a residence in such an area exceeds 500,000 roubles per metre. Starting price for the property – 465.3m roubles, cost of renovation work – 406.4m roubles. Link to Documents
Two residential buildings at no. 43 Pokrovka St., bldgs. 6 and 7, sold as a single lot. Historical buildings erected at the end of the 19th and start of the 20th centuries. Total area 1,500 sq. metres. Starting price for the lot is 129m roubles, reconstruction work will require expenditure of at least 153m roubles. Link to Documents
Property housing an hotel and retail outlets at no. 15 Maroseyka St., bldg. 1. This three-storey building was erected at the start of the 20th century. Total area - 4,700 sq. m. Starting price for the lot – 356m roubles. Cost of reconstruction - around 345m roubles. Link to Documents
Three-storey luxury residential property at no.s 11-12 Serebryanichesky Lane (see photo). Dates from the second half of the 19th century. Total area 828 sq. metres. Starting price – 82m roubles. Restoration costs estimated at 83.5m roubles. Link to Documents
Three-storey residential building at no. 4a, 6th Rostovsky Lane. The building was constructed in 1929 by the architect Zimmer. It is a cultural heritage site. Its full name is “The Residential Building of the Workers’ House-Building Cooperative Society – Trudkoopstroy”. Area 662 sq. m. Starting price – 98.4m roubles. Repairs are estimated to require around 77.3m roubles. Link to Documents
Interdisciplinary medical centre at no. 10 Prospekt Mira, bldg.1. The building was constructed in 1917. It covers an area exceeding a thousand square metres. Starting price – 73.1m roubles. Cost of restoration – approximately 84.2m roubles. Link to Documents
Two office buildings at no. 3, 3rd Kadashevsky Lane, bldgs. 1 and 7. Total area 1,300 sq. metres. The lot is valued at 99.3m roubles, repair costs at 117.3m roubles. Link to Documents
If you require help or advice on taking part in the auction, please email magazine@bigrussia.org.