Nahalat Binyamin Gem: Designer 3-Room Apartment in Tel Aviv's Most Coveted Cultural Corridor

What if your Tel Aviv address placed you at the intersection of art, gastronomy, and beach life — all within walking distance? This beautifully restored 3-room apartment on iconic Nahalat Binyamin Street makes that a daily reality.

Spanning 60 sqm plus a 4 sqm mirpeset, the apartment sits on the 1st floor of a classified heritage building, elevated above street level with the airy feel of a second floor. Soaring ceilings, a refined contemporary finish, and a thoughtful layout make the space feel generous well beyond its footprint. The building features an elevator, a protected security room (mamad) on every floor, and dedicated resident night parking — a genuine urban luxury in central Tel Aviv.

The location is simply unmatched. Sandwiched between the Carmel Market, the boutique streets of Neve Tzedek, and the leafy boulevard of Rothschild, Nahalat Binyamin draws a vibrant mix of locals and internationals to its pedestrian arts fair twice weekly. The beach is a short stroll away.

For investors, the numbers speak clearly: at 4,250,000 NIS (approx. 70,800 NIS/sqm), this asset carries an estimated rental yield of 3.2% — strong for a premium central Tel Aviv address — with solid long-term appreciation backed by near-zero vacancy in the neighborhood. Equally compelling as a full-time residence or a high-end pied-à-terre.

Air conditioning and solar water heating are included. This is the kind of apartment that rarely re-enters the market.

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