Active · Multi Family

18-20 E Park Place

Suffern, NY 10901

• 1920Built
• 0.33Acres

About this home

Exceptional investment opportunity in a desirable Suffern location! Currently generating $6,200 in monthly rental income, with potential to reach $8,200 per month! This three-unit mixed-use property includes two income-producing apartments and a vacant commercial unit you can use for your own business or lease for a potential $2,000 per month. Set on generous grounds with an expansive green yard, beautiful mature trees, and a large paved parking area, the property combines an attractive setting with convenient on-site parking. The commercial unit features four offices, a bathroom, and a large basement with windows, providing valuable additional storage and flexible space. The first apartment includes three generously sized bedrooms, one bathroom, a kitchen, a living and dining area, laundry space, and basement access. The second apartment offers three bedrooms, one bathroom, a kitchen, a separate living room, laundry space, and a primary bedroom with a walk-in closet. Conveniently located near restaurants, shops, schools, and public transportation, this property brings together spacious grounds, multiple rental opportunities, and exciting income growth potential. An outstanding opportunity to own a versatile income-producing property with generous outdoor space, ample parking, and significant rental upside!This property can be purchased individually or together with 22 Park Place, Suffern, NY (MLS #1069520).

Details

Primary Features

County

Rockland County

Property Sub Type

Multi Family

Property Type

Commercial Sale

Year Built

1920

Zoning

MR15

Location

Area Source

Other

Building Area Total

4374

School District

East Ramapo (Spring Valley)

Waterfront

no

Financial

Special Listing Conditions

None

Tax Annual Amount

16440

Tax Assessed Value

39600

Tax Source

Other

Tax Year

2026

Interior

Area Units

Square Feet

Basement

yes

Basement Type

Storage Space

Cooling Type

Central Air

Heating Type

Forced Air

External

Construction Materials

Vinyl Siding

Electric Company

Orange & Rockland

Lot Size Area

14375

Lot Size Square Feet

14375

Number Of Units Total

3

Parking Features

On Street

Property Attached

yes

Sewer

Public Sewer

Utilities

Natural Gas Available, Trash Collection Public, Water Connected

Water Source

Public

Additional

Mls Status

Active

On Market Date

2026-11-09T00:00:00+00:00

Listing courtesy of Avraham Z. Weinberger with Keller Williams Valley Realty · MLS #1066855