Iconic Beethoven Apartments building is up for sale

Beethoven ApartmentsA 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.