Open Retail
For Sale
Contact for pricing
44 Lafayette Avenue, Suffern, NY 10901
The storefront occupies a downtown business corridor among established local shops and service providers.
Property Size1,200 SF
Price / SF$0.02
Days on Market16
Property Features for 44 Lafayette Avenue
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
Triforce Commercial RE LLC
(845) 450-6500
Listed By:
Jason Horowitz · License #10491207540
(845) 323-9177
Source:
Neilcharlesrealestate
Added: Oct 15
Changed: Oct 30
Last Checked: Oct 30 at 1:45AM
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 Triforce Commercial RE LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 44 Lafayette Avenue, this 1,200-square-foot retail space has an open commercial layout in downtown Suffern. The property is positioned along a village business corridor near local shops, restaurants, cafés and professional services.
The downtown area has walkable streets and draws residents and visitors. NJ Transit, I-87 and Route 17 are nearby.
The downtown area has walkable streets and draws residents and visitors. NJ Transit, I-87 and Route 17 are nearby.
Key Highlights
- 1,200 square feet of open commercial space
- Located at 44 Lafayette Avenue in downtown Suffern
- Positioned on a village commercial corridor near shops, restaurants, cafés and professional services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,899
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,980
$338.0K
Cap Rate 7%
$241,414
$241.4K
Cap Rate 9%
$187,767
$187.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.2K $21.00/SF
− Vacancy
−$1.1K −$0.88/SF
EGI
$24.1K $20.12/SF
− OpEx
−$7.2K −$6.04/SF
NOI
$16.9K $14.08/SF
Area
Rockland County, NY
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,980
Cap Rate 7%
$241,414
Cap Rate 9%
$187,767
Alternative Uses
Best Use
Retail
$241.4K
$211.2K – $281.7K
NOI $16,899 @ 7.0% cap · market cap 70,412.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$793.4K
$694.2K – $925.7K
NOI $55,539 @ 7.0% cap · market cap 231,412.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 61%
Dining 31%
Electronics 9%
Rainbow Ace Hardware
Home Improvements & Furnishings
13,030 visits/mo
0.1 miles
Dunkin' Donuts
Dining
4,259 visits/mo
0.1 miles
Domino's Pizza
Dining
2,355 visits/mo
0.1 miles
Boost Mobile
Electronics
1,865 visits/mo
0.1 miles
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The storefront occupies a downtown business corridor among established local shops and service providers.
Where is this retail space located?
The property is located at 44 Lafayette Avenue Suffern, NY.
What are key features of this property?
This property features: 1,200 square feet of open commercial space; Located at 44 Lafayette Avenue in downtown Suffern; Positioned on a village commercial corridor near shops, restaurants, cafés and professional services
