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 reflect only a 4.5% cap rate, with significant upside to approximately 7.5% through below-market 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.
Property Features
Cooling Information
Central Air
Varies by Unit
Wall/Window Unit(s)
Parking
Other
Parking Lot
Shared Driveway
Heating Information
Forced Air
Natural Gas
Water Features
Public
Basement
None
School Information
School Information for 131 Lafayette Avenue, Suffern, NY 10901
Elementary School
Richard P Connor Elementary School
Middle School
Suffern Middle School
High School
Suffern Senior High School
Listing Courtesy: MS Realty Group USA, Inc - 845-367-7470