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Property profile & analytics
FOR SALE
Office buildings

900 5Th Ave Pittsburgh, PA 15219

0.13 ac lot
Individually Owned ~ Est. High Equity
Property ID
US73-5463331
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of four office buildings totaling 59,092 square feet, strategically located in Pittsburgh, Pennsylvania, at the junction of Uptown and Downtown. The portfolio includes 900 Fifth Avenue, a five-story Class B office building encompassing 31,683 square feet, featuring one passenger and one freight elevator, two stairwells, and is currently vacant and ready for immediate occupancy or redevelopment. The remaining three buildings, 820, 822, and 824 Fifth Avenue, are each four-story Class C office buildings, ranging in size from approximately 8,960 to 9,408 square feet. These buildings are also vacant and ideal for redevelopment projects. Each of these buildings includes one freight elevator and two stairwells. The entire portfolio benefits from proximity to numerous amenities, a nearby 2,100-space parking garage, and a new Bus Rapid Transit (BRT) line. 900 Fifth Avenue is eligible for Historic and Opportunity Zone tax credits. This presents a unique chance to acquire a substantial property with existing office space and significant redevelopment potential in a vibrant, high-growth area of Pittsburgh. The attractive architectural features of the buildings offer further appeal to both investors and developers. The buildings are currently vacant, offering immediate flexibility for the new owner.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 0.13 ac (5,740 SF)
APN 2-F-324
UPID US73-5463331
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Friedman & Friedman Law Firm
  • Exosome Therapy Clinic Medical Clinic
  • Smart Form Inc (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Cline Dennis Law Firm
  • Downtown Business Brokers Inc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Edward B Friedman
Edward B Friedman
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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