JD Cohen Of Cohen Capital Purchases Multifamily Property In Pittsburgh For $1,830,000
SOLD
$1,830,000
Pennsylvania
See Similar DealsMultiFamily38,000 SF
Sold 05/29/2026
SOLD
JD Cohen Of Cohen Capital Purchases Multifamily Property In Pittsburgh For $1,830,000
1107 Langtry Street
See Similar DealsMultiFamily38,000 SF
Sold 05/29/2026
Summary
PENNSYLVANIA
Asset Type:MultiFamily
Price Per Square Foot:$48
Total Square Footage:38,000 SF
Transaction Type:Sale
The transaction involved a multifamily asset located at 1107 Langtry Street in Pittsburgh, PA. The property spans 38,000 square feet and was sold for $1,830,000, translating to a price per square foot of $48.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,830,000
- Buyer: JD Cohen - Cohen Capital
- Seller: David L Koloskee
- Date of Sale: 5/29/2026
JD Cohen, representing Cohen Capital, is actively seeking more value add opportunities in the real estate market, with a particular interest in Pittsburgh but open to larger scale workforce opportunities. David L Koloskee facilitated the sale to JD Cohen.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$97,600.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,501.60
Cash-on-Cash Return-1.27%
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Annual Debt Service$104,101.60
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