A neighborhood landmark apartment building, The Beethoven, is up for sale, one of two large properties on the market in Bolton Hill.
Built in 1880, the 60-unit, five-story building at 1518 Park Ave. is likely the oldest continuously operating apartment building in the neighborhood, although it sat vacant for a while after a fire decades ago. Much of Bolton Hill’s residential construction – the big old row houses – took place between 1850 and 1900.
The Beethoven features 20 one-bedroom units, 39 two-bedroom units, and a single three-bedroom unit, as well as four offices. All the units are bi-level, according to the listing agent, Harbor Stone Advisors.
As an ominous note for existing Beethoven residents, the sellers note that there is a “potential to increase rents“ after some capital improvements. The agency does not list a sale price and did not return a call, but can be reached at (410) 960-3962.
A second nearby building at 1504 Park Ave with seven units is listed by the same company at $870,000.
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