40-Unit Apartment
For Sale
Contact for pricing
3336 Brownsville Rd, Pittsburgh, PA 15227
Multifamily property with on-site laundry and interior parking, alongside nearby schools, parks, dining, and shopping.
Property Size30,000 SF
Price / SF$99.83
Days on Market200
Property Features for 3336 Brownsville Rd
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Multifamily
Zoning
C
Net Operating Income
$241,267
Units
Unit Mix
4 x Studio, 28 x 1BD/1BA, 8 x 2BD/1BA
Multifamily Units
40
Amenities
on-site laundry
interior parking
Building Details
Year Built
1926
Buildings
2
Stories
2
Units
40
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Keane George · License #PA RS317489
(724) 699-4707
Source:
Crexi
Added: Apr 1
Changed: Oct 10
Last Checked: Oct 16 at 9:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors
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Investment Insights
Based on property information with market context.
This 40-unit apartment property offers a mix of studio, one-bedroom, and two-bedroom residences. The unit configuration includes 4 studios, 28 1BD/1BA apartments, and 8 2BD/1BA apartments. On-site laundry facilities and interior parking are included among the property improvements.
Located at 3336 Brownsville Rd in Pittsburgh, PA, the property is described as being near schools, parks, restaurants, and shopping. The surrounding amenities are within minutes of the residences, and the listing identifies the setting as walkable to several everyday destinations.
Located at 3336 Brownsville Rd in Pittsburgh, PA, the property is described as being near schools, parks, restaurants, and shopping. The surrounding amenities are within minutes of the residences, and the listing identifies the setting as walkable to several everyday destinations.
Key Highlights
- 40‑unit apartment building
- Unit mix includes 4 studios, 28 1BD/1BA, and 8 2BD/1BA units
- On‑site laundry facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$239,501
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,790,020
$4.8M
Cap Rate 7%
$3,421,443
$3.4M
Cap Rate 9%
$2,661,122
$2.7M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$460.8K $15.36/SF
− Vacancy
−$25.3K −$0.84/SF
EGI
$435.5K $14.52/SF
− OpEx
−$196.0K −$6.53/SF
NOI
$239.5K $7.98/SF
Area
ZIP 15227
Vacancy
5.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,790,020
Cap Rate 7%
$3,421,443
Cap Rate 9%
$2,661,122
Alternative Uses
Best Use
Apartment 5plus
$3.42M
$2.99M – $3.99M
NOI $239,501 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.64M
$6.69M – $8.92M
NOI $534,902 @ 7.0% cap · market cap 17.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 15227, PA
30,036
Population
13,952
Households
2.2
Avg Household Size
41
Median Age
36%
College-Educated
94%
High-School Grad
6.1 sq mi
ZIP Area
4,924
Density / Sq Mi
$73,597
Median Household Income
$49,111
Median Earnings
$875
Median Rent
$175,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with on-site laundry and interior parking, alongside nearby schools, parks, dining, and shopping.
Where is this apartment building located?
The property is located at 3336 Brownsville Rd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 40‑unit apartment building; Unit mix includes 4 studios, 28 1BD/1BA, and 8 2BD/1BA units; On‑site laundry facilities
