2124 Penn Avenue

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2124 Penn Avenue

Pittsburgh, PA 15222
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

What's Special

37,500 SF Mixed-Use Investment Opportunity | Adaptive Reuse Potential <p>Mixed-use investment opportunity featuring strong in-place income, significant capital improvements, and adaptive reuse potential.</p><p></p><p>The American Wholesale Building is located in the center of Pittsburgh’s rapidly transforming Strip District, one of the region’s premier live-work-play destinations. The building is surrounded by significant residential, office, retail, hospitality, and technology investment. It's within walking distance to Downtown Pittsburgh, and enjoys convenient

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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

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