90-100 Orange Avenue

Description

Once in a lifetime opportunity to own the most recognizable and substantial building in all of Suffern, NY. The KOMESKY BUILDING sits comfortably on 0.91 acres of prime downtown real estate and enjoys unobstructed views of the Ramapo Mountains. This landmark building was built in 1916 and stretches along Lafayette Avenue and Orange Avenue. It consists of over 42,000 SF and includes 14 residential apartments, 3 live-work lofts, and 14 commercial spaces. There is an attached, private parking lot that maintains 39 lined parking spots and additional parking is located directly across the street in the municipal lot. Downtown Suffern also allows on-street parking for its patrons. The entire roof was recently redone. The commercial units are separately metered for gas, electric and water. The residential units are separately metered for gas and electric. Each commercial space has a usable basement directly below the unit, and all the units are incredibly well maintained. The building is 100% occupied. Although there are no formal leases in place, many of the Tenants are long term (more than 10 years, some more than 20). This is part of a portfolio sale that is concentrated in downtown Suffern, but this building and 24 Lafayette Avenue must be sold as a package. There is only one building that separates them. This building is directly across from Suffern's bus station where local and NYC routes are available. It is also 2 blocks from the Suffern train station.