2,462 sqft

$699,999

131 Lafayette Avenue, Suffern NY, 10901

Price per sqft$284.32

Built in1960

Property size2,462 sqft

Property typeCommercial

Courtesy of MS Realty Group USA, Inc, Aaron Gestetner Listing Contact: 845-213-7932

Overview

Pending

Listed Aug 17, 2026

Updated 4 weeks ago

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.

Additional information

MLS^® ID: 1038833

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.19 Acres

Other Property Details

Taxes: $14,622
Tax Frequency: Annually
View: Yes

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:03 AM UTC on 9/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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