18-20 Park Place, Ramapo, NY, 10901
$1,099,000
activeLot Size
14,375 sqft
Year Built
1920
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Exceptional investment opportunity in a desirable Suffern location! Currently generating $6,200 in monthly rental income, with potential to reach $8,200 per month! This three-unit mixed-use property includes two income-producing apartments and a vacant commercial unit you can use for your own business or lease for a potential $2,000 per month. Set on generous grounds with an expansive green yard, beautiful mature trees, and a large paved parking area, the property combines an attractive setting with convenient on-site parking. The commercial unit features four offices, a bathroom, and a large basement with windows, providing valuable additional storage and flexible space. The first apartment includes three generously sized bedrooms, one bathroom, a kitchen, a living and dining area, laundry space, and basement access. The second apartment offers three bedrooms, one bathroom, a kitchen, a separate living room, laundry space, and a primary bedroom with a walk-in closet. Conveniently located near restaurants, shops, schools, and public transportation, this property brings together spacious grounds, multiple rental opportunities, and exciting income growth potential. An outstanding opportunity to own a versatile income-producing property with generous outdoor space, ample parking, and significant rental upside! This property can be purchased individually or together with 22 Park Place, Suffern, NY (MLS #1069520).
Listed by Avraham Z. Weinberger, Keller Williams Valley Realty
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Nov 9, 2026, 6:49 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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