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Multi Family 2-4 in Rockland County
MLS Number1038797
Address139 Lafayette Avenue, Suffern, NY 10901 show map
Price$1,655,000 show mortgage calculator
Acres0.5
Year Built1975
Est. Sq. Footage0
Elementary SchoolRichard P Connor Elementary School
Jr High-Middle SchoolSuffern Middle School
High SchoolSuffern Senior High School
Estimated Taxes$31,660
Total Apt Units4
Remarks

Rare 8-property assemblage offered at a compelling below-market package price. The assemblage includes 2R-5 properties and PO-15 zoning, which allows by-right uses, including residential uses, places of worship, private schools, colleges, seminaries, dormitories, and qualifying office uses. Additional commercial uses may be available subject to applicable requirements and approvals. Current rents are $4,500/month for Unit 1, $3,350/month for Unit 2, $5,200/month for Unit 3, and $1,250/month for Unit 4. Current market rents are estimated at approximately $8,500/month for Unit 1, $3,350/month for Unit 2, $5,200/month for Unit 3, and $2,200/month for Unit 4, offering significant upside potential, particularly through the under-market rents on Units 1 and 4. The zoning flexibility adds significant value, while the primary opportunity is the exceptional package pricing.

Amenities

This listing is Courtesy of MS Realty Group USA, Inc ().

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