16 Clinton Place - Excellent Investment Opportunity! Spacious 4-bedroom, 2-bath Victorian with approximately 2,628 sq. ft., a full basement, and detached garage. Current rents are $1,900/month for Unit 1 and $1,850/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering strong upside potential. Currently at only a 4.10% cap rate, with the potential to increase to approximately a 6.5% cap rate through rent growth. Offered exclusively as part of an 8-property assemblage sold as one package. Rare investment/development opportunity-place your offer today!
| MLS # | 1038837 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1990 |
| Days On Site | 17 |
| Listing Provided By | MS Realty Group USA, Inc | Asher Berkovic |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,628 |
| Garage | 2 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.28 |
| Property View | Neighborhood |
| Cooling | Varies by Unit, Wall/Window Unit(s) |
|---|---|
| Heating | Electric, Hot Water |
| Interior Features | First Floor Bedroom, First Floor Full Bath |
| Window Features | Shutters, Triple Pane Windows |
| Security Features | Other, Smoke Detector(s) |
|---|---|
| Construction Materials | Wood Siding |
| Foundation Details | Concrete Perimeter |
| Lot Features | Back Yard, Front Yard, Landscaped, Near Public Transit, Near School |
| Fencing | None |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached |
| Utilities | Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Sidewalks |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 17278 |
| Tax Lot | 4 |
| State | NY |
|---|---|
| County | Rockland County |
| City | Suffern |
| Zip Code | 10901 |
| Community Name | Builder's Tract Multifamily Development Potential |
| School District | Suffern Senior High School |
| Elementary School | Richard P Connor Elementary Scho |
| High School | Suffern Senior High School |
| Listing VS Median (in Builder's Tract Multifamily Development Potential) | |
Price: $599,000 low | high Med: $599,000 sqft: 2,628 low | high Med: 2,340 $ / sqft: $228 low | high Med: $260 On site: 17 low | high Med: 17 | |
| State | NY |
|---|---|
| County | Rockland County |
| City | Suffern |
| Zip Code | 10901 |
| Community Name | Builder's Tract Multifamily Development Potential |
| School District | Suffern Senior High School |
| Elementary School | Richard P Connor Elementary Scho |
| High School | Suffern Senior High School |
| Listing VS Median (in Builder's Tract Multifamily Development Potential) | |
Price: $599,000 low | high Med: $599,000 sqft: 2,628 low | high Med: 2,340 $ / sqft: $228 low | high Med: $260 On site: 17 low | high Med: 17 | |