Amazing opportunity to own this well maintained office building in the heart of downtown Suffern. If you're looking to gain visibility for your business while collecting rent from other Tenants, then this is where you need to be! The building is approximately 4,032 SF and sets up the following way: 2,700 SF of office / retail on the first floor, 1,300 SF of office on the 2nd floor, and 500 SF of basement / storage space. The first floor has two back entrances and a private front entrance. There is a bathroom that services the front of the space and a bathroom for the back of the space. With little to no work, there is an opportunity for multiple rents to be collected. There is also a direct entrance to the second floor from the street. Use the whole building or just a portion of it. Two blocks from Suffern's Train or Bus Stations, one block to the municipal lot and in immediate proximity to an array of restaurants and other service oriented businesses. ParkingFeatures: On Street,
98 Lafayette Avenue, Suffern, (Ramapo), NY, 10901
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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