Clocktower Retail Suite with Vaulted
For Sale
Contact for pricing
65 Main Street Suite 303, Warwick, NY 10990
Renovated third-floor space offers central air conditioning, shared restrooms, and options for Main Street signage.
Property Size11,809 SF
Price / SF$0.13
Days on Market30
Property Features for 65 Main Street Suite 303
General Information
Standard status
Active
Size
11,809 SF
Property subtype
Retail
Space & Availability
Floor
3
Condition
Newly Renovated
Additional Details
Property Use
Office
Amenities
vaulted ceilings
natural light
central AC
shared restrooms
Main Street signage
window options
Listing Agency:
HomeSmart Homes & Estates
(845) 547-0005
Listed By:
Nicholas Carbone · License #10401277485
(845) 590-9831
Source:
Neilcharlesrealestate
Added: Oct 3
Changed: Oct 31
Last Checked: Oct 30 at 1:51AM
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 HomeSmart Homes & Estates
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Investment Insights
Based on property information with market context.
Suite 303 occupies the third floor of the Clocktower at 65 Main Street in Warwick. The renovated 11,809-square-foot space features vaulted ceilings, natural light, central air conditioning, and shared restrooms. Window display options are available within the suite, with signage opportunities on Main Street.
The flexible space is presented for potential office, med spa, retail, nail salon, art gallery, or professional services use.
The flexible space is presented for potential office, med spa, retail, nail salon, art gallery, or professional services use.
Key Highlights
- 11,809‑square‑foot space on the Clocktower’s third floor
- Vaulted ceilings and natural light
- Central air conditioning and shared restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,734
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,680
$2.9M
Cap Rate 7%
$2,053,343
$2.1M
Cap Rate 9%
$1,597,044
$1.6M
Market Conditions
NOI Build-Up for 11,809 SF
Gross rent
$212.6K $18.00/SF
− Vacancy
−$7.2K −$0.61/SF
EGI
$205.3K $17.39/SF
− OpEx
−$61.6K −$5.22/SF
NOI
$143.7K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,680
Cap Rate 7%
$2,053,343
Cap Rate 9%
$1,597,044
Alternative Uses
Best Use
Retail
$2.05M
$1.80M – $2.40M
NOI $143,734 @ 7.0% cap · market cap 9,582.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.00M
$3.50M – $4.67M
NOI $279,970 @ 7.0% cap · market cap 18,664.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
Explore this area
Business Placement
Demographics for 10990, NY
19,877
Population
8,394
Households
2.4
Avg Household Size
46
Median Age
50%
College-Educated
95%
High-School Grad
61.4 sq mi
ZIP Area
324
Density / Sq Mi
$123,199
Median Household Income
$64,723
Median Earnings
$1,387
Median Rent
$462,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Renovated third-floor space offers central air conditioning, shared restrooms, and options for Main Street signage.
Where is this retail space located?
The property is located at 65 Main Street Suite 303 Warwick, NY.
What are key features of this property?
This property features: 11,809‑square‑foot space on the Clocktower’s third floor; Vaulted ceilings and natural light; Central air conditioning and shared restrooms
