30 Chestnut StSuffern, NY 10901

Property Details for 30 Chestnut St

Year built

1970

Lot size

0.11 AC

Property size (Sq ft)

2,576 SF

Zone code

CB

Property type

Investment properties

Property subtype

Live-work space

APN

392607 54.35-2-33

APU

3926075435233

Description

This exceptional mixed-use retail property, located at 30 Chestnut St, unit B, Suffern, NY 10901, offers 450 square feet of immediately available space in a single-story building. The property is situated in a vibrant location within the Village of Suffern, directly adjacent to Suffern Park, ensuring high foot traffic. A nearby train station further enhances accessibility. The space is part of a building with a total of two suites. Utilities are conveniently handled with a separate Orange and Rockland (O&R) meter, and water and trash removal are included in the rent for standard usage. The CB zoning allows for a diverse range of businesses, including retail stores, personal services, professional and business offices, galleries, studios, restaurants (including fast-food), indoor theaters, printing and lithographing, and plumbing and HVAC supply businesses, among others. This presents a unique opportunity for entrepreneurs and established businesses seeking a well-located and versatile retail space in a thriving community. The maximum contiguous square footage available is 450 square feet. The cross street is Chestnut Street.

• CAP approach

  CAP return

  Valuation

  6%

  $469,794

  6.5%

  $433,656

  7%

  $402,681

• Comparable approach

  Method

  Valuation

  Relative Method

  $337,033

  Geo Method

  $336,580

• Alternative Use

  Use

  Valuation

  Residential

  $537,734

  Hospitality

  $492,561

  Educational

  $409,805

  Medical

  $423,899

  Retail

  $637,474

Location Insight

City

Suffern

County

Rockland

State

New York

Latitude

41.1153

Longitude

-74.1526

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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