Unique Historic Property in the Heart of the Jewish Quarter

Jerusalem

Ask Me For More Information

Orna Gotslak

Agent

Office Phone:03-7710977

office@israelsir.com

6203

Key Details

Property Type

Unique Historic Property

Interior

1200 m²

Balcony

544 m²

Price in ILS

₪140,000,000

Price in USD

$45,307,443

Features & Amenities

  • Historical Area

Property Description

This listing represents a remarkable opportunity to acquire two distinctive freestanding properties located in Jerusalem’s historic Jewish Quarter, just 600 meters from the Western Wall. These residences boast extraordinary views of the Old City and Har HaBait, offering an unparalleled combination of exclusivity and scenic beauty. One of the buildings is a mid-19th century historical structure, embodying the architectural heritage of the area. The second building serves as an active yeshiva and features two apartments, both of which have a rooftop that provides breathtaking views of the Old City. These properties are truly exceptional additions to the real estate market.

The Jewish Quarter, located in the southeastern part of Jerusalem’s Old City, is steeped in history and cultural significance. It is one of the four quarters of the Old City, alongside the Muslim Quarter, Christian Quarter, and Armenian Quarter. With approximately 4,200 residents, predominantly religious Jews affiliated with the Religious Zionist movement, the quarter is a vibrant blend of residential homes, religious sites, archaeological landmarks, tourist attractions, Judaica art shops, and restaurants. Its charming alleys and rich history make it a highly sought-after location for both living and investment opportunities.

Property 1: Four-Story Building

This recently renovated building, steeped in historical and cultural significance, serves as a cornerstone of one of the sacred sites for the Jewish community. Spanning four floors and crowned by a spectacular rooftop offering stunning panoramic views of the Old City, the Har HaBait, and the Jordan Mountains. The property is currently utilized as a yeshiva and features two distinct apartments. Its versatile design allows for either continued use as an educational institution or adaptation for private residential purposes. The interior spaces are notable for their expansive layout, abundant natural light, and exceptional quality finishes, making it an ideal choice for those seeking a blend of tradition and modernity.

Key Features:

Ground Floor and Basement:

– Total area: Approximately 345m2

– Includes 12 rooms

– 5 guest toilets

Two-story apartment with a private rooftop:

– Indoor: Approximately 199m2

– Rooftop: Approximately 166m2

– Layout: Living room, 5 bedrooms (including 2 master bedrooms), and 4 full bathrooms.

– Additional features: Underfloor heating, skylight, and panoramic views

Apartment with balcony and rooftop access:

– Indoor: Approximately 98m2

– Balcony: Approximately 62.7m2

– Layout: Living room, 3 bedrooms (one master), and 2 full bathrooms

Property 2: Two-Story Historic Building

The two-story historic building on edge of the Jewish Quarter is a remarkable property with a rich history. Spanning approximately 550 square meters of built-up area, it also features a private roof of approximately 315 square meters, offering stunning views of the Old City and the surrounding Jerusalem mountains. Situated just 500 meters from the Western Wall, this property is in a prime location.

The building consists of 15 rooms, including 13 bedrooms, 4 full bathrooms, and an industrial kitchen, making it versatile for various uses. Its historical significance dates back to its establishment in 1854 as the “Rothschild” Hospital, founded by Baron James Mayer Rothschild. After serving as a hospital for over a century, it transitioned to the “Misgav Le’am” company in 1888 and continued to serve as a hospital for the Sephardic community in Jerusalem’s Old City.

Currently functioning as a hostel, the property offers potential for both private residential and commercial purposes, making it an exceptional opportunity for those seeking a unique and historically significant space in Jerusalem.

The properties can be acquired either as a complete package or separately. Pricing information for individual properties is available upon request.

For further details or to schedule a visit, please feel free to reach out.

contact information

אורנה גוטשלק

Agent

Office Phone:03-7710977

office@israelsir.com

Ask Me For More Information

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The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to us, we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Israel Sotheby's International Realty. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.

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