Apartment Portfolio with Retail
For Sale
Contact for pricing
500 Washington Avenue, Brooklyn, NY 11238
Two well-maintained buildings offering 20 apartment units and seven retail suites near Interstate 79 access.
Property SizeContact for details
Days on Market128
Property Features for 500 Washington Avenue
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Highway Access
Yes
Multifamily Units
20
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Pittsburgh
(412) 995-3810
Listed By:
Kyle Prawdzik · License #PA RS305573
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 5:30AM
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 CBRE - Pittsburgh
Investment Insights
Based on property information with market context.
This offering presents the Bridgeville Apartment Portfolio, consisting of two buildings with a total of twenty apartment units and seven retail suites. The properties are described as well-maintained and in excellent condition, with the portfolio positioned as an owner-operated residential income asset supported by attached retail.
The two buildings are located within one block of each other in the South Hills of Pittsburgh, and each is within a half mile of access to Interstate 79. Pittsburgh’s CBD and Pittsburgh International Airport are each described as a twenty-minute drive, and Southpointe Office Park is described as a ten-minute drive.
CBRE states the portfolio includes seven retail suites in addition to the apartment units, and that rents are currently positioned below the competition, suggesting a potential for operational improvements.
The two buildings are located within one block of each other in the South Hills of Pittsburgh, and each is within a half mile of access to Interstate 79. Pittsburgh’s CBD and Pittsburgh International Airport are each described as a twenty-minute drive, and Southpointe Office Park is described as a ten-minute drive.
CBRE states the portfolio includes seven retail suites in addition to the apartment units, and that rents are currently positioned below the competition, suggesting a potential for operational improvements.
Key Highlights
- Bridgeville Apartment Portfolio includes 2 buildings with 20 apartment units and 7 retail suites.
- Properties are in the South Hills of Pittsburgh, within one block of each other and within 0.5 mile of I‑79 access.
- Pittsburgh CBD and Pittsburgh International Airport are each about a 20‑minute drive.
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,108
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two well-maintained buildings offering 20 apartment units and seven retail suites near Interstate 79 access.
Where is this apartment building located?
The property is located at 500 Washington Avenue Brooklyn, NY.
What are key features of this property?
This property features: Bridgeville Apartment Portfolio includes 2 buildings with 20 apartment units and 7 retail suites.; Properties are in the South Hills of Pittsburgh, within one block of each other and within 0.5 mile of I‑79 access.; Pittsburgh CBD and Pittsburgh International Airport are each about a 20‑minute drive.
