50 Lafayette Ave - Freestanding FOR SALE


Suffern, NY 10901
$1,800,000 USD
917-596-3067
50 Lafayette Ave, Suffern, NY for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/48
null | Request Cap Rate

50 Lafayette Ave
Suffern, NY 10901


HIGHLIGHTS

  • 4,588 SF freestanding brick building located at a busy intersection in Suffern NY
  • 24+/- on-site paved parking spaces (14,000 SF asphalt)
  • Delivered fully vacant at closing
  • Full bar and restaurant buildout with commercial kitchen and walk-in freezers

OVERVIEW

50 Lafayette Avenue, Suffern, NY 10901 Rand Commercial is pleased to present the exclusive sale of 50 Lafayette Avenue, a freestanding brick commercial building prominently located in the heart of downtown Suffern, New York. The property is delivered fully vacant and offers an outstanding opportunity for an owner-user, restaurateur, investor, or developer seeking a well-positioned asset in one of Rockland County's most active downtown markets. The building was most recently operated as Lavagna Wine Bar & Italian Eatery and features a thoughtfully renovated interior including a full bar with marble countertops, subway tile finishes, pendant lighting, and a commercial kitchen. A full basement houses walk-in refrigerators, and stainless steel prep stations — significant installed capital for any incoming food & beverage operator. The property sits on 0.41 acres with 14,000+/- SF of asphalt paving providing 24+/- on-site parking spaces — an exceptional and rare amenity for a downtown location. CB (Central Business) zoning supports a wide range of commercial uses including restaurants, retail, offices, theaters, and more. The site presents compelling development upside. Conceptual architectural plans (NOT APPROVED) prepared by Aufgang Architects envision the addition of a new two-story mixed-use building on the underutilized portion of the lot, with concepts including up to approximately 7,863 SF of new construction featuring ground-floor retail and second-floor office space. An alternative concept shows the addition of two new retail/restaurant units totaling approximately 4,310 SF fronting Lafayette Avenue. Prospective purchasers are encouraged to conduct their own zoning and feasibility review. Property Highlights: 4,588 SF freestanding brick building Delivered fully vacant at closing Full restaurant & bar buildout with ability to purchase FF&E Full basement with commercial kitchen, walk-in freezers & refrigerators 24+/- on-site paved parking spaces (14,000 SF asphalt) CB – Central Business District zoning Development potential — Aufgang Architects conceptual plans available upon request Municipal water & sewer (commercial) Annual taxes: $28,350 (2025) NJ Transit/Metro-North commuter rail proximate (approx. 6-minute walk to Suffern Station) Prominent downtown Suffern location — high visibility corner site All information deemed reliable but not guaranteed. Prospective purchasers are encouraged to independently verify all property details.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CB

APN/PARCEL ID

392607-054-035-0001-012-000-0000

ASK ABOUT THIS PROPERTY

Samuel AdlerRand CommercialMore Info
917-596-3067

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Samuel AdlerRand CommercialMore Info
917-596-3067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.