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Mixed-Use Property with Parking
New
For Sale
$699,999

131 Lafayette Avenue, Suffern, NY 10901

Commercial space and two apartments occupy a well-maintained, three-level property with flexible PO-15 zoning.

Property SizeContact for details
Days on Market4

Property Features for 131 Lafayette Avenue

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Commercial
Zoning PO-15

Units

Unit Mix 1 x 2BR, 1 x studio
Multifamily Units 2

Additional Details

Cap Rate 4.5%

Taxes and HOA fees

Annual Taxes $14,622

Amenities

Central air
Central Air Cooling
Forced Air Heating
Hardwood Flooring
Natural Gas Heating
Near Public Transit
Parking Lot
Paved
Shared Driveway

Building Details

Year Built 1960
Buildings 1
Stories 3
Listing Agency: MS REALTY GROUP USA, INC
Listed By: AARON GESTETNER
Source: Corcoran
Added: Aug 20 Changed: Aug 22 Last Checked: Aug 22 at 7:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MS REALTY GROUP USA, INC

Investment Insights

Based on property information with market context.

This mixed-use property combines a first-floor commercial area with two residential units above: a two-bedroom apartment on the second floor and a studio on the third. The building was constructed in 1960 and is described as well maintained. A private parking lot provides 8 spaces, an uncommon feature for this property in Suffern.

Located at 131 Lafayette Avenue in Suffern, New York, the property carries PO-15 zoning, which supports a range of permitted uses. It is also being offered within an 8-property assemblage, providing an option for purchasers evaluating a broader portfolio acquisition. The stated current cap rate is 4.5%, with an estimated potential of approximately 7.5%.

Key Highlights

  • First‑floor commercial area with a 2‑bedroom apartment and a studio
  • Private 8‑car parking lot
  • PO‑15 zoning

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Acupuncture Furniture & Home Goods Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

788
Businesses Nearby

Demographics for 10901, NY

25,145
Population
9,674
Households
2.6
Avg Household Size
42
Median Age
48%
College-Educated
90%
High-School Grad
23.5 sq mi
ZIP Area
1,070
Density / Sq Mi
$114,651
Median Household Income
$59,561
Median Earnings
$1,746
Median Rent
$490,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space and two apartments occupy a well-maintained, three-level property with flexible PO-15 zoning.
Where is this mixed-use property located?
The property is located at 131 Lafayette Avenue Suffern, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: First‑floor commercial area with a 2‑bedroom apartment and a studio; Private 8‑car parking lot; PO‑15 zoning
More about this property
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