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Property profile & analytics
FOR SALE
Retail space

90-100 Orange Ave Suffern, NY 10901

Built 1916
Property ID
US63-Q001589
Property summary
AI-generated overview

Once in a lifetime opportunity to own the most recognizable and substantial building in all of Suffern, NY. The KOMESKY BUILDING sits comfortably on 0.91 acres of prime downtown real estate and enjoys unobstructed views of the Ramapo Mountains. This landmark building was built in 1916 and stretches along Lafayette Avenue and Orange Avenue. It consists of over 42,000 SF and includes 14 residential apartments, 3 live-work lofts, and 14 commercial spaces. There is an attached, private parking lot that maintains 39 lined parking spots and additional parking is located directly across the street in the municipal lot. Downtown Suffern also allows on-street parking for its patrons. The entire roof was recently redone. The commercial units are separately metered for gas, electric and water. The residential units are separately metered for gas and electric. Each commercial space has a usable basement directly below the unit, and all the units are incredibly well maintained. The building is 100% occupied. Although there are no formal leases in place, many of the Tenants are long term (more than 10 years, some more than 20). This is part of a portfolio sale that is concentrated in downtown Suffern, but this building and 24 Lafayette Avenue must be sold as a package. There is only one building that separates them. This building is directly across from Suffern's bus station where local and NYC routes are available. It is also 2 blocks from the Suffern train station.

Property profile
Verified
Property type Retail space
Year built 1916
UPID US63-Q001589
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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