Prime Suffern Village Commercial Opportunity - 162 Orange Ave, a converted residence set up for office use in the heart of the business district. Most recently operated as professional office space, this property is well-suited for business owners seeking a workspace with the added benefit of owner-occupancy and potential sublease income. The first floor offers a dedicated office setup, while the upstairs provides private office suites that can be leased independently. Conveniently located moments from downtown shops, restaurants, and NJ Transit’s Suffern Station, with easy access to the NYS Thruway (I-87), I-287, NJ Route 17, and the NY/NJ border at Mahwah. The property is a candidate for a tax grievance for 2025.
162 Orange Avenue, Suffern, NY, 10901
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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