Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    25 Old Mill Rd Suffern, NY 10901

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Three Class A buildings totaling over one million square feet.

    Property size:
    1,221,800 SF
    Lot size:
    1,221,800 SF

    Property Features for 25 Old Mill Rd

    General Information

    Size
    1,221,800 SF

    We can help!

    Listing Contact
    Kevin Dudley
    Kevin Dudley
    Source: Cbre

    Listing Agent: Kevin Dudley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Suffern Class A Buildings

    Three Class A buildings are planned for development, totaling over one million square feet. The property is located near I-287, approximately 2.6 miles from the New Jersey/New York border. It is situated 5 minutes from the New York Thruway (Interstate 87/287) Exit 14B, 6 minutes from Suffern Train Station, 20 minutes from the Gov Mario M. Cuomo Bridge and 35 minutes to the G.W. Bridge.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Watermark Associates LLC Real Estate Agency Suffern Partners LLC Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suffern
    County
    Rockland
    State
    New York
    Longitude
    -74.137049
    Latitude
    41.117638

    Nearby Similar for Lease

    • $5,000 /Mo

      Downtown Suffern Commercial Building

      Commercial building in downtown Suffern, suitable for various businesses.
      41 Lafayette Ave, Suffern, NY 10901
      View Details
    • $7,500 /Mo

      Corner Commercial Space with Drive-Through

      Versatile commercial space with drive-through, ideal for various businesses.
      62 Lafayette Ave, Suffern, NY 10901
      View Details
    • $9,225 /Mo

      Industrial Space in Spook Rock

      3,600 SF end unit in premier industrial park.
      351 Spook Rock Rd, Suffern, NY 10901
      View Details
    • $24 SF/Yr

      Suffern Retail/Office Space Available

      Renovated commercial space with high visibility in downtown Suffern.
      65 Lafayette Ave, Suffern, NY 10901
      View Details
    • $22 SF/Yr

      Renovated Office Space in Suffern

      Highly visible, flexible office space in a prime location.
      31 Park Ave, Suffern, NY 10901
      View Details
    • $1,650 /Mo

      Professional Office Suite For Rent

      First-floor office suite with shared amenities and utilities included.
      198 Orange Ave, Suffern, NY 10901
      View Details
    • $1,500 /Mo

      Professional Office Suite For Rent

      First-floor office suite with shared amenities and convenient location.
      198 Orange Ave, Suffern, NY 10901
      View Details
    • $15 SF/Yr
      3,293 SF

      Suffern Retail/Showroom Opportunity

      Renovated retail and showroom space in Suffern, NY.
      92-96 Lafayette Ave, Suffern, NY 10901
      View Details
    • $1,650 /Mo

      Professional Office Suite For Rent

      First-floor office suite with shared amenities and utilities included.
      198 Orange Ave, Suffern, NY 10901
      View Details
    • $24 SF/Yr

      Downtown Suffern Commercial Space Available

      1,200 SF commercial space in thriving downtown Suffern.
      36-46 Lafayette Ave, Suffern, NY 10901
      View Details
    • $24 SF/Yr

      Downtown Suffern Commercial Space Available

      1,200 SF commercial space in thriving downtown Suffern.
      36-46 Lafayette Ave, Suffern, NY 10901
      View Details
    • $27 SF/Yr
      1,259 SF

      Renovated Medical Office on Route 59

      Turnkey medical office building available for lease on Route 59.
      222 Ny 59, Suffern, NY
      View Details

    FAQs

    What type of property is this?
    Warehouse - Three Class A buildings totaling over one million square feet.
    Where is this warehouse located?
    The property is located at 25 Old Mill Rd Suffern, NY.
    What are key features of this property?
    This property features: - Development opportunity: Three Class A buildings to be developed, totaling over one million square feet.; - Ideal location next to I-287.; - Proximity to New York: 2.6 miles from the New Jersey/New York border.
    (201) 712-5837
    Request Owner's contact information
    25 Old Mill Rd Suffern, NY 10901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25 Old Mill Rd
    Suffern, NY 10901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25 Old Mill Rd Suffern, NY 10901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Dudley
    Kevin Dudley
    (201) 712-5837 (201) 712-5650 (201) 712-5600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!