Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    75 Forester Ave, Unit TH1 Warwick, NY 10990

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,950 /Mo

    Exquisite apartments and townhome-style rentals in the Village of Warwick.

    Property Features for 75 Forester Ave

    General Information

    Standard status
    Active
    Exterior features
    Trash Collection Private, Trash Collection Public, See Remarks
    Interior features
    Forced Air, Central Air, Electric, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    John R Olivero
    Source: Kw

    Listing Agency: KELLER WILLIAMS REALTY Listing Agent: John R Olivero

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

    Learn more

    Property Insight Report

    Overview

    Luxury Apartments and Townhomes Rental

    Warwick Oaks offers luxury apartments and townhome-style rentals. Available units include meticulously designed one and two-bedroom apartments and spacious two-bedroom townhomes. Each unit is designed for comfort. In-unit laundry facilities, state-of-the-art stainless steel appliances, secure entry, and a sprawling courtyard are included. Residents benefit from 24-hour maintenance service. Located in the heart of the Village of Warwick, residents have easy access to local libraries, parks, shops, cafes, and restaurants. Optional carport spaces and storage rooms are available for rent. Lease terms include over 12 months and 12 months.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Orange
    State
    New York
    Longitude
    -74.3519143
    Latitude
    41.2555822

    Nearby Similar for Lease

    • $1,650 /Mo
      800 SF

      Commercial Space in Warwick Village

      Commercial space in the Village of Warwick, open layout.
      9 Smith St, Warwick, NY 10990
      View Details
    • $1,400 /Mo
      750 SF

      Warwick Office Space For Rent

      Office space near Warwick Village with commuter convenience.
      7 Wisner Rd, Warwick, NY 10990
      View Details
    • $2,500 /Mo

      Retail Space in Warwick Village

      Commercial store space with ample parking in central Warwick.
      25 Elm St, Warwick, NY 10990
      View Details
    • $12 SF/Yr

      Warwick Warehouse Distribution Center For Lease

      56,800 Sq. Ft. warehouse suitable for manufacturing, warehousing, distribution.
      7 Lake Station Rd, Warwick, NY 10990
      View Details
    • $26 SF/Yr

      Historic Inn Restaurant Opportunity

      Landmark restaurant property in the Hudson Valley available for lease.
      38 Bellvale Lakes Rd, Warwick, NY 10990
      View Details
    • $1,650 /Mo

      Commercial Space in Warwick Village

      Commercial space in Warwick, open layout, ideal for office.
      9 Smith St, Warwick, NY 10990
      View Details
    • $2,600 /Mo

      New Warwick Village 2-Bedroom Apartment

      Brand new 2-bedroom apartment in the heart of Warwick Village.
      43 Wheeler B, Warwick, NY 10990
      View Details
    • $26 SF/Yr

      Historic Restaurant Opportunity in Warwick

      Iconic restaurant property available for lease in Hudson Valley.
      38 Bellvale Lakes Rd, Warwick, NY 10990
      View Details
    • $4,500 /Mo

      Retail/Office Space in Warwick

      1,725 sq ft retail/office space in excellent location.
      23 West St, Warwick, NY 10990
      View Details
    • $4,000 /Mo

      Office/Retail Space for Rent

      Office or retail space available for rent; tenant pays utilities.
      25 Elm St, Warwick, NY 10990
      View Details
    • $395 /Mo

      Convenient Office Space for Rent

      Highly visible office space with utilities included near Warwick.
      214 West St, Warwick, NY 10990
      View Details

    FAQs

    What type of property is this?
    Apartment building - Exquisite apartments and townhome-style rentals in the Village of Warwick.
    Where is this apartment building located?
    The property is located at 75 Forester Ave, Unit TH1 Warwick, NY.
    What is the lease rate?
    The lease rate is $2,950 /Mo.
    What are key features of this property?
    This property features: - New construction (2024) apartments and townhomes.; - In-unit laundry with washer and dryer.; - Stainless steel appliances including refrigerator, microwave, and dishwasher.
    (845) 928-8000
    Request Owner's contact information
    75 Forester Ave, Unit TH1 Warwick, NY 10990
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    75 Forester Ave, Unit TH1
    Warwick, NY 10990
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    75 Forester Ave, Unit TH1 Warwick, NY 10990
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John R Olivero
    Real Estate License ID: 10301222243
    (845) 928-8000 (914) 760-0045 (845) 413-9277
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!