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Charming Multi-Unit Investment Property

106 Newport Bridge Road, Warwick, NY 10990

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For Sale

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Five units in Warwick, renovated Cape Cod and single-family home.

Type:Multifamily

Property size:

6,691 SF

Lot size:

0.22 Acres

Price / SF:

$209/SF

HighLights

Charming, renovated 5‑unit investment property in Warwick.
Includes a 4‑unit converted 1920 Cape Cod and a separate 2‑bedroom/2‑bath single‑family home (built in 2010).
Individual utilities for each unit (propane/electric, well water, two septic systems).
Located in peaceful Amity hamlet, Warwick Town, close to farms, wineries, and skiing.
Low flood risk (Zone X).
Warwick Valley schools.

We can help!

Contact an agent

Giovanni Lasalandra

For Sale

Contact for pricing

Five units in Warwick, renovated Cape Cod and single-family home.

Type:Multifamily

Property size:

6,691 SF

Lot size:

0.22 Acres

Price / SF:

$209/SF

Added:: Mar 6, 2026
Days on Market:: 121
Last Refresh:: Mar 16 at 3:17 pm

Property Features for 106 Newport Bridge Road

General Information

Standard status: Active
Size: 6,691 SF
Lot size: 0.22 Acres
Property subtype: Multifamily

Building Details

Year Built: 1920

We can help!

Contact an agent

Giovanni Lasalandra

Listing office Better Homes and Gardens Real Estate

Listing date Mar 6, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate

HighLights

Charming, renovated 5‑unit investment property in Warwick.
Includes a 4‑unit converted 1920 Cape Cod and a separate 2‑bedroom/2‑bath single‑family home (built in 2010).
Individual utilities for each unit (propane/electric, well water, two septic systems).
Located in peaceful Amity hamlet, Warwick Town, close to farms, wineries, and skiing.
Low flood risk (Zone X).
Warwick Valley schools.

Overview

Located in the Amity hamlet of Warwick Town, this investment property features a renovated 1920 Cape Cod-style converted multi-family residence containing four units: two one-bedroom units and two two-bedroom units. Additionally, there is a separate detached two-bedroom, two-bath single-family home constructed in 2010. The total building area is approximately 6,691 square feet, situated on 0.217 acres. The property has individual utilities throughout, including propane and electric for each unit, well water, and two septic systems. It is located in a low flood risk area (Zone X) and is part of the Warwick Valley school district. The property is close to farms, wineries, skiing areas, and other local amenities. It is suitable for investors or an owner-occupant seeking income potential.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$236.1k	$35.28
− Vacancy	−$8.5k	−$1.27
EGI	$227.6k	$34.01
− OpEx	−$102.4k	−$15.30
NOI	$125.2k	$18.71

6,691 SF · lease $35.28/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.79M

$1.56M – $2.09M (±1% cap)

NOI $125,158 @ 7.0% cap · market cap 8.94%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.27M

$1.98M – $2.64M (±1% cap)

NOI $158,631 @ 7.0% cap · market cap 11.33%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Hargis Construction of Warwick ... Construction Company

Suggested Use

Location Insight

Map
Local Demand

City: Warwick
County: Orange
State: New York
Longitude: -74.453817
Latitude: 41.2701346

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For sale
Apartment buildings
NY
Warwick
10990
106 Newport Bridge Road

What type of property is this?

Apartment building - Five units in Warwick, renovated Cape Cod and single-family home.

Where is this apartment building located?

The property is located at 106 Newport Bridge Road Warwick, NY.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Charming, renovated 5‑unit investment property in Warwick.; Includes a 4‑unit converted 1920 Cape Cod and a separate **2‑bedroom/2‑bath single‑family home** (built in 2010).; Individual utilities for each unit (propane/electric, well water, two septic systems).