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20-28 Chestnut Street, Suffern, NY, 10901 $1,400,000

Mixed Use Commercial  

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Details ML#: 884313  

  • # of Families: 9
  • Sale or Rent:Sale
  • Year Built: 1975
  • Taxes: $24,678
  • Status:Active

Description

Another incredible mixed-use building available in downtown Suffern! Consisting of 4 Residential apartments (three 1 BR, 1 BA and one 2BR, 1 BA), 1 Retail storefront, and a private parking lot that can accommodate 8 cars! The commercial units are separately metered for gas, electric and water. The residential units are separately metered for gas and electric. The building enjoys a young roof. Although the building is 2 stories, current zoning allows 4 stories to be built. The income posted is actual. If you’re studying the market, then you know there’s tremendous upside here without making any improvements to the building, and should you choose to develop, the potential is endless. This is part of a portfolio sale concentrated in downtown Suffern. This building, along with 33 Park Ave and 47-55 Lafayette Avenue must be sold together. A once in a two-generation-opportunity to control approximately half of downtown Suffern!

More Property Details

Property Features

Lot Size: 0.22   Lot Sq Ft: 9583   Parking Spaces: Yes   Parking Spaces: 8   Parking Facilities: Off Street, On Street, Parking Lot, Private   Stories: 2  

Appliances & Utilities

Heat: Baseboard, Hot Air, Natural Gas   A/C: Central Air, Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $24,678  

Local Area Information

Zoning: CB  

Listing Information provided courtesy of Keller Williams Valley Realty  201-391-2500
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