90-100 Orange Avenue, Suffern, NY, 10901 | $9,750,000

ONCE IN A LIFETIME OPPORTUNITY! 14 Residential apartments, 3 Live-Work Lofts, 14 Commercial spaces. 100% leased. No formal leases, long term tenants (10-20 yrs or longer). Private Parking lot behind the building with 39 lined spots. Free on street parking for patrons. Landmark 1916 "THE COMESKY BUILDING" stands proudly overlooking scenic Ramapo Mts and entrance to Village of Suffern. 42, 000 SF on 0. 91 acres in impeccable updated condition inside and out. Roof recently replaced. All spaces separatley metered for gas and electric. Building across the street from bus station to NYC and 2 blocks from Train Station. Must sell together with 24 Lafayette Ave due to private parking lot behnd the building. Only 1 building separates 90-100 Orange.

Features

  • Property Type: Mixed Use
  • Construction: Block, Brick
  • Utilities: Cable Available, Electricity Connected
  • Parking: 39-car
  • Heating: Baseboard, Forced Air
  • Cooling: Central Air, Wall/Window Unit(s)
  • Units: 31
  • Acreage: 0.91
  • Est. Taxes: $103,790
  • MLS#: 965861
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/965861/90100orangeavenue_suffern_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Delaney Realty   Phone: 845-357-2141

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

90-100 Orange Avenue, Suffern, NY, 10901

$9,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,800,000 $7,800,000 $7,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $8,649 $8,649 $8,649
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $43,678 $47,394 $65,295
Total Monthly Payment $52,452 $56,168 $74,069

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.