The building is situated in the highest part of Sоfia, in Reduta Residential District, famous for the clean air and the quietness. The building is faced towards Kademlia Street and Velcho Atanasov Street. It is a seven-floor building with 27 apartments. Stores are situated on the ground floor, and at the basement level there are garages and parking spaces. The architecture of the building is simple. Special feature in the composition is an oval element with French windows which soars over the roof. The alternation of thick and tracery wrought iron parapets complete the elegant view.

The residential building on 13 Ostrec Street is introduced into exploitation in 2005.