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50 Lafayette Ave
Suffern, NY 10901
Retail Property For Sale

Investment Highlights

  • 4,588 SF freestanding brick building located at a busy intersection in Suffern NY
  • Delivered fully vacant at closing
  • 24+/- on-site paved parking spaces (14,000 SF asphalt)
  • Full bar and restaurant buildout with commercial kitchen and walk-in freezers

Executive Summary

50 Lafayette Avenue, Suffern, NY 10901
Rand Commercial is pleased to present the exclusive sale of 50 Lafayette Avenue, a freestanding brick commercial building prominently located in the heart of downtown Suffern, New York. The property is delivered fully vacant and offers an outstanding opportunity for an owner-user, restaurateur, investor, or developer seeking a well-positioned asset in one of Rockland County's most active downtown markets.
The building was most recently operated as Lavagna Wine Bar & Italian Eatery and features a thoughtfully renovated interior including a full bar with marble countertops, subway tile finishes, pendant lighting, and a commercial kitchen. A full basement houses walk-in freezers, walk-in refrigerators, and stainless steel prep stations — significant installed capital for any incoming food & beverage operator.
The property sits on 0.41 acres with 14,000+/- SF of asphalt paving providing 24+/- on-site parking spaces — an exceptional and rare amenity for a downtown location. CB (Central Business) zoning supports a wide range of commercial uses including restaurants, retail, offices, theaters, and more.
The site presents compelling development upside. Architectural plans (NOT APPROVED) prepared by Aufgang Architects envision the addition of a new two-story mixed-use building on the underutilized portion of the lot, with concepts including up to approximately 7,863 SF of new construction featuring ground-floor retail and second-floor office space — all while retaining the existing brick building and on-site parking. An alternative concept shows the addition of two new retail/restaurant units totaling approximately 4,310 SF fronting Lafayette Avenue. Prospective purchasers are encouraged to conduct their own zoning and feasibility review.
Property Highlights:
4,588 SF freestanding brick building
Delivered fully vacant at closing
Full restaurant & bar buildout with ability to purchase FF&E
Full basement with commercial kitchen, walk-in freezers & refrigerators
24+/- on-site paved parking spaces (14,000 SF asphalt)
CB – Central Business District zoning
Development potential — Aufgang Architects plans available upon request
Municipal water & sewer (commercial)
Annual taxes: $28,350 (2025)
NJ Transit/Metro-North commuter rail proximate (approx. 6-minute walk to Suffern Station)
Prominent downtown Suffern location — high visibility corner site
All information deemed reliable but not guaranteed. Prospective purchasers are encouraged to independently verify all property details.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,588 SF
Building Class
B
Year Built
1990
Price
$2,477,754 CAD
Price Per SF
$540.05 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.41 AC
Zoning
CB - Zoning allows for build up to 4 stories in the CB (Commercial Business) District in downtown Suffern.
Parking
15 Spaces (6.52 Spaces per 1,000 SF Leased)
Frontage
56’ on Lafayette Avenue

Amenities

  • Banking
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning
  • Backup Power / Generators

Property Taxes

Property Taxes

Parcel Number
392607-054-035-0001-012-000-0000
Land Assessment
$89,614 CAD
Improvements Assessment
$21,535 CAD
Total Assessment
$111,148 CAD
  • Listing ID: 40142194

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 50 Lafayette Ave, Suffern, NY 10901

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