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    40 24Th St Pittsburgh, PA 15222

    Sponsored
    For Lease
    $27 SF/Yr

    Pittsburgh Strip District Office Space: 1,397 - 14,500 SF

    Lot size:
    113,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Crane Building, located at 40 24th Street in Pittsburgh, Pennsylvania's vibrant Strip District, offers exceptional executive office space for lease. This prestigious building boasts a total of 113,000 square feet, divided into six suites, providing flexibility for businesses of various sizes. Currently, 46,491 square feet of prime office space is available, with minimum divisible units starting at 1,397 square feet and contiguous space available up to 14,500 square feet. The building's impressive architecture features high ceilings ranging from 13 to 16 feet, creating a spacious and modern work environment. Situated in the Allegheny County submarket of Pittsburgh Fringe Office, this location offers unparalleled access to the energy and amenities of the Strip District. The building is ideally suited for businesses seeking a prominent address in a thriving commercial hub. Multiple tenancy options are available, catering to a range of business needs and expansion plans. This is a unique opportunity to secure high-quality office space in a highly desirable location within the Pittsburgh metropolitan area. The zip code is 15222.

    Property Features for 40 24Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,000 SF
    Total Rate
    258958.33

    Unit(s) available at that property

    Space
    1st Floor
    Size
    12,854 SF
    Rate per SF
    $27
    Space
    2nd Floor
    Size
    2,758 SF
    Rate per SF
    $27
    Space
    3rd Floor
    Size
    3,219 SF
    Rate per SF
    $27
    Space
    Suite 5
    Size
    14,500 SF
    Rate per SF
    $27
    Space
    Suite 1
    Size
    10,560 SF
    Rate per SF
    $27
    Space
    Suite 4(stat)
    Size
    1,394 SF
    Rate per SF
    $27

    HighLights

    • Exceptional executive office space for lease in Pittsburgh's Strip District, totaling 46,491 square feet available.
    • Riverfront location between the Cork Factory and Three Crossings.
    • Free, gated parking.
    • High ceilings (13'-16') with exposed brick walls and scenic views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Net Health Corporate Office Petuum Inc. Software Company Free Market Health Software Company FedEx Drop Box Mailing Service Stephen Casey Architects Architect

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9824999
    Latitude
    40.4554613

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    FAQs

    What type of property is this?
    Office Property / Space - Pittsburgh Strip District Office Space: 1,397 - 14,500 SF
    Where is this office property / space located?
    The property is located at 40 24Th St Pittsburgh, PA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Exceptional executive office space for lease in Pittsburgh's Strip District, totaling 46,491 square feet available.; Riverfront location between the Cork Factory and Three Crossings.; Free, gated parking.
    Request Owner's contact information
    40 24Th St Pittsburgh, PA 15222
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    Pittsburgh, PA 15222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 24Th St Pittsburgh, PA 15222
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