Victorian Duplex with
For Sale
$599,000
14 Clinton Pl, Suffern, NY 10901
Two-unit income property with a full basement and detached garage.
Property Size1,656 SF
Price / SF$361.71
Days on Market13
Property Features for 14 Clinton Pl
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Buildings
8
Listing Agency:
MS Realty Group USA, Inc
(845) 213-7932
Listed By:
Asher Berkovic
Source:
Searchhomesinlongisland
Added: Aug 18
Changed: Aug 29
Last Checked: Aug 25 at 7:44AM
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.
Located at 14 Clinton Place in Suffern, New York, this two-unit residential income property dates to 1900 and includes approximately 1,656 square feet. The duplex contains four bedrooms and two bathrooms, along with a full basement and a detached garage. Its Victorian-era character adds architectural distinction to the building’s residential configuration.
The property is offered exclusively as part of an eight-property assemblage that must be purchased as one package. The address is 14 Clinton Pl, Suffern, NY 10901.
The property is offered exclusively as part of an eight-property assemblage that must be purchased as one package. The address is 14 Clinton Pl, Suffern, NY 10901.
Key Highlights
- Duplex configuration with 4 bedrooms and 2 bathrooms
- Approximately 1,656 sq. ft. of building area
- Full basement included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,264
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$585,280
$585.3K
Cap Rate 7%
$418,057
$418.1K
Cap Rate 9%
$325,156
$325.2K
Market Conditions
NOI Build-Up for 1,656 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.7K $27.00/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$41.8K $25.25/SF
− OpEx
−$12.5K −$7.57/SF
NOI
$29.3K $17.67/SF
Area
Rockland County, NY
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$585,280
Cap Rate 7%
$418,057
Cap Rate 9%
$325,156
Alternative Uses
Best Use
Multifamily LT 5
$418.1K
$365.8K – $487.7K
NOI $29,264 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$387.7K
$339.2K – $452.3K
NOI $27,139 @ 7.0% cap · market cap 4.53%
Theoretical Best
Specialty Retail
$1.09M
$958.1K – $1.28M
NOI $76,644 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit income property with a full basement and detached garage.
Where is this duplex located?
The property is located at 14 Clinton Pl Suffern, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Duplex configuration with 4 bedrooms and 2 bathrooms; Approximately 1,656 sq. ft. of building area; Full basement included
