Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    24 Lafayette Ave Suffern, NY 10901

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $975,000

    Mixed-use building in downtown Suffern with attached parking lot.

    Lot size:
    0.30 Acres

    Property Features for 24 Lafayette Ave

    General Information

    Standard status
    Active
    Lot size
    0.30 Acres

    Building Details

    Year built
    1970

    Source: KELLER WILLIAMS VALLEY REALTY Agent JON PAUL MOLFETTA

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

    Overview

    Mixed-Use Building with Parking Lot

    This well-maintained mixed-use building is located in downtown Suffern and features two commercial spaces and two residential apartments, each with one bedroom and one bathroom. A significant feature is the private, attached parking lot that accommodates 23 vehicles. The building includes a partial basement that houses the utilities. The commercial spaces are separately metered for gas, electric, and water, while the residential units are separately metered for gas and electric. The current income numbers reflect actual earnings, which are below market value, suggesting potential for increased revenue without building improvements. The commercial tenants have occupied the spaces since 2013 and 2020. The roof is relatively new. This property is part of a portfolio sale concentrated in downtown Suffern and must be sold as a package with the building at 90-100 Orange Avenue, which is located nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mohammed Hosain-Bhuiyan Pharmacy Fusion Brow Bar Beauty Salon Suffern Pharmacy Pharmacy Hair's Our Thing Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffern
    County
    Rockland
    State
    New York
    Longitude
    -74.15374
    Latitude
    41.116234

    Nearby Similar for Sale

    • $439,000

      Charming Townhome with Modern Upgrades

      Beautiful 2-bedroom townhome featuring modern kitchen, updated bathrooms, and finished basement.
      18 Somerset Dr, Suffern, NY 10901
      View Details
    • $9,750,000

      Landmark Mixed-Use Komesky Building

      Iconic Suffern building with apartments, lofts, and commercial spaces.
      90-100 Orange Ave, Suffern, NY 10901
      View Details
    • $1,799,999
      2,653 SF

      Route 59 Commercial Property

      Commercial property on Route 59, suitable for office or professional use.
      81 Route 59, Suffern, NY 10901
      View Details
    • $2,650,000

      Downtown Suffern Mixed-Use Investment

      Mixed-use building near train station with residential and commercial units.
      47-55 Lafayette Ave, Suffern, NY 10901
      View Details
    • $1,400,000

      Mixed-Use Building in Downtown Suffern

      Mixed-use building with apartments, retail, and parking in Suffern.
      20-28 Chestnut St, Suffern, NY 10901
      View Details
    • $119,900

      Suffern First Floor Co-op

      Bright one-bedroom co-op near downtown Suffern.
      114 Parkside Dr, Suffern, NY 10901
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in downtown Suffern with attached parking lot.
    Where is this mixed-use property located?
    The property is located at 24 Lafayette Ave Suffern, NY.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Attached private parking lot with **23 spots** - a rare and valuable asset in downtown Rockland County.; - Mixed-use building with two commercial spaces and two residential apartments, providing diverse income streams.; - Significant income upside potential without building improvements due to below-market rents.
    (201) 391-2500
    Request Owner's contact information
    24 Lafayette Ave 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.
    24 Lafayette Ave
    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 Estimation

    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.

    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.

    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
    24 Lafayette Ave 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.