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1625 Forbes Avenue
Pittsburgh, PA 15219
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
Large Scale Development Opportunity Between Downtown & Oakland <ul><li><span style="color: rgba(0, 7, 89, 1)">±0.87-acre assemblage totaling 25 parcels with access from all four sides</span></li><li><span style="color: rgba(0, 7, 89, 1)">Zoned UPR-A allowing multifamily, mixed-use, office, medical, and retail uses</span></li><li><span style="color: rgba(0, 7, 89, 1)">Positioned within a Federal Opportunity Zone near UPMC Mercy, Duquesne University, and Downtown Pittsburgh</span></li></ul><p></p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
