[4] Dismantling of the old Point Bridge began that following August, and on October 9 the span was brought down into the Monongahela River by cutting the last cables holding it in place.

Its north end landed roughly where the plaza around the Point State Park fountain begins, and its south end landed less than a tenth of a mile east of the Duquesne Incline.

The Point Bridge II was closed to traffic on June 21, 1959, two days after the dedication and grand opening of the Fort Pitt Bridge.

It remained standing until demolition began on April 15, 1970 and was completed that following November.

In 2008, a headstone marking the duration of the bridge's construction was found abandoned on the hillside across from the old south landing; it is now on display at nearby Station Square.