422-440 1st Ave - Apartments FOR SALE


Pittsburgh, PA 15219- The Point
$6,250,000 USD
724-272-4225
422-440 1st Ave, Pittsburgh, PA for Sale
$6,250,000 USD
Apartments - FOR SALE
1/27
null | 7.2% Cap Rate

422-440 1st Ave
Pittsburgh, PA 15219
The Point


OVERVIEW

SVN Three Rivers Commerical Advisors is pleased to present 1st Ave Lofts (432-440 First Avenue, Pittsburgh, PA 15219), for sale. First Avenue Lofts is an upscale, historic, apartment building located in downtown Pittsburgh. The property is comprised of 35 units, 7 studios, 21 one bedroom one bathrooms, and 7 two bedroom one bathroom units. The apartments have access to a small fitness studio, a sundeck with beautiful views, off street parking, and come equipped with in-unit laundry. The property comes with a rare second parcel in the rear that offers 14 parking spaces.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

35

PRICE/UNIT

$178,571

CAP RATE

7.2%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1st Avenue Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2017

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0001-M-00052-0000-00

ASK ABOUT THIS PROPERTY

Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

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Bryan DonaldsonSVN - Three Rivers Commercial AdvisorsMore Info
724-272-4225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.