JD Cohen Of Cohen Capital Purchases Multifamily Property In Pittsburgh For $1,830,000
1107 Langtry Street
$1,830,000
$48/SF
Building Size
38,000 SF
Asset Type
MultiFamily
Closing
May 28, 2026
AI
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.
Pittsburgh MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.67%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93