139 Lafayette Avenue, Suffern, NY 10901

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Property Description

Rare 8-property assemblage offered at a compelling below-market package price. The assemblage includes 2R-5 properties and PO-15 zoning, which allows by-right uses, including residential uses, places of worship, private schools, colleges, seminaries, dormitories, and qualifying office uses. Additional commercial uses may be available subject to applicable requirements and approvals. Current rents are $4,500/month for Unit 1, $3,350/month for Unit 2, $5,200/month for Unit 3, and $1,250/month for Unit 4. Current market rents are estimated at approximately $8,500/month for Unit 1, $3,350/month for Unit 2, $5,200/month for Unit 3, and $2,200/month for Unit 4, offering significant upside potential, particularly through the under-market rents on Units 1 and 4. The zoning flexibility adds significant value, while the primary opportunity is the exceptional package pricing.

139 Lafayette Avenue | MLS# 1038797

This commercial property located at 139 Lafayette Avenue, Suffern, NY 10901 is currently listed for sale with an asking price of $1,655,000. Lafayette Avenue is located within the Suffern school district. Search Suffern real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Cooling: Central Air
Heating: Hot Air, Natural Gas
Home Style: Row Dwelling
Lot Size: 0.50 Acres
Stories: 2.0
Taxes: $31,660
Year Built: 1975

Feature Descriptions

Appliances: Refrigerator
Building Area Total: 9372
Building Features: Other
Cap Rate: 8
Community Features: Other
Days on Site: 7
Exterior: Brick, Frame
Fencing: None
Flooring: Carpet, Hardwood, Tile
Heating Zones: 3
Included In Taxes: Sewer
Lot Features: Front Yard, Other
On Market Date: 2026-08-26
Other Structures: None
Parcel Number: 392607.054.036-0001-031.000/0000
Parking Features: Parking Lot
Parking Total: 10
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Security Features: Other, Smoke Detector(s)
Seller Concession: Yes
Sewer: Public Sewer
Tenant Pays: All Utilities, See Remarks, Water
Units: 4
Utilities: Sewer Connected, Trash Collection Private, Water Connected
Water: Public

Local Schools

High School: Suffern Senior High School
Middle School: Suffern Middle School
Elementary School: Richard P Connor Elementary School
School District: Suffern

Demographics

Listed By / Shown By

Listing By

Agency Name: MS Realty Group USA, Inc
Agency Phone: 845-367-7470

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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