131 Lafayette AVE, Suffern, NY 10901
131 Lafayette AVE, Suffern, NY 10901
131 Lafayette AVE, Suffern, NY 10901
131 Lafayette AVE, Suffern, NY 10901
131 Lafayette AVE, Suffern, NY 10901
131 Lafayette AVE, Suffern, NY 10901
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jeffrey Jimenez

Jeffrey Jimenez

+1(631) 953-7864
$ 699,999
Est. payment | /mo

8,276 Sqft Lot

Save
$ 699,999
Est. payment | /mo
Save

8,276 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 1038833

Style Row Dwelling

Rental Info No

Year Built 1960

Annual Tax Amount $14,622

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Multi Family

Source onekey2

Property Description

131 Lafayette Avenue – Rare Mixed-Use Investment Opportunity! Well-maintained commercial property featuring a first-floor commercial space plus two apartments—a 2-bedroom on the second floor and a studio on the third. Includes a private 8-car parking lot, a rare feature in Suffern. Current rents are $1,850/month for Unit 1, $1,900/month for Unit 2, and $560/month for Unit 3, while current market rents are estimated at approximately $2,500/month, $2,200/month, and $1,350/month, respectively, offering significant upside potential. Current rents reflect only a 4.5% cap rate, with the potential to increase to approximately 7.5% through market-rate rents. Zoned PO-15, offering valuable flexibility for a variety of permitted uses. Offered as part of an 8-property assemblage at a compelling below-market package price—a unique opportunity for investors and developers.

Location

State NY

County Rockland County

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Varies by Unit, Wall/Window Unit(s)

Flooring Carpet, Hardwood

Fireplace No

Appliance Freezer, Gas Oven, Gas Range, Refrigerator

Exterior

Parking Features Other, Parking Lot, Shared Driveway

Fence None

Utilities Available Trash Collection Private

View Neighborhood

Total Parking Spaces 8

Building

Lot Description Near Public Transit, Near School, Near Shops, Paved

Story 3

Foundation Pillar/Post/Pier, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Shingle Siding

Schools

Elementary Schools Richard P Connor Elementary School

Middle Schools Suffern Middle School

High Schools Suffern

School District Suffern

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by MS Realty Group USA, Inc • Aaron Gestetner

GET MORE INFORMATION

Jeffrey Jimenez
Jeffrey Jimenez

Licensed Real Estate Salesperson | License ID: 10401267947

+1(631) 953-7864

150 Motor Pkwy, Hauppauge, NY 11788, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Jeffrey Jimenez, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

131 Lafayette AVE