Home Details for 131 Lafayette Avenue

131 Lafayette Avenue – Rare Mixed-Use Investment Opportunity! Well-maintained commercial property featuring a first-floor commercial space plus two apartments—a 2-bedroom on the second floor and a studio on the third. Includes a private 8-car parking lot, a rare feature in Suffern. Current rents reflect only a 4.5% cap rate, with significant upside to approximately 7.5% through below-market rents. Zoned PO-15, offering valuable flexibility for a variety of permitted uses. Offered as part of an 8-property assemblage at a compelling below-market package price—a unique opportunity for investors and developers.

• Cooling Information

  • Central Air
  • Varies by Unit
  • Wall/Window Unit(s)

• Parking

  • Other
  • Parking Lot
  • Shared Driveway

• Heating Information

  • Forced Air
  • Natural Gas

• Water Features

  • Public

• Basement

  • None