Commercial Real Estate Market in Warwick, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 332 off-market properties in Warwick, NY. Commercial property asks $15/SF to buy and $21.13/SF/Yr to lease.
Market Trends
Warwick, NY spans 61.4 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Warwick, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Warwick, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Warwick, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Warwick, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 34.4%
- Open space 26.9%
- Agricultural 11.5%
- Residential 9.8%
- Industrial 2.5%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Rural
Land Conservation
Mountain
Conservation
Agricultural Industry
Warwick, NY zones 62,761 acres across 12 districts. Commercial zoning covers 34.4% of zoned land, residential 9.8%, open space 26.9% and industrial 2.5%. The largest single district is Rural at 34.1%. For commercial buyers the practical constraint is that only 36.9% of land carries a commercial or industrial designation.
Rural (RU)
Parcels of 10 acres minimum lot area, located within existing Conservation (CO), Mountain (MT), Rural (RU) and Suburban Districts (SL). A parcel may, for purposes of AAD eligibility, consist of a lot designated as a single tax number, or of two or more contiguous lots with separate Tax Map numbers. (b) Parcels used for agricultural production, as defined in…
Market overview
Demographics & Economy
Warwick, NY has 19,877 residents in 8,394 households. Density runs 324 people per square mile. Median household income here is $123,199 and median gross rent $1,387 a month.
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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bellvale | — | — |
| New Milford | — | — |
| Greenwood Lake | — | — |
| Florida | — | — |
Commercial property in Warwick, NY asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Warwick?
Commercial property in Warwick, NY asks an average of $15 per square foot. The 3 most recent recorded sales traded at a median of $273/SF.
How much does it cost to lease commercial space in Warwick?
Asking lease rates in Warwick, NY average $21.13 per square foot per year.
What zoning applies to commercial property in Warwick?
Warwick, NY zones 62,761 acres across 12 districts, of which 34.4% is commercial and 2.5% industrial. The largest single district is Rural at 34.1% of zoned land. Parcels of 10 acres minimum lot area, located within existing Conservation (CO), Mountain (MT), Rural (RU) and Suburban Districts (SL). A parcel may, for purposes of AAD eligibility, consist of a lot designated as a single tax number, or of two or more contiguous lots with separate Tax Map numbers. (b) Parcels used for agricultural production, as defined in… Residential zoning covers 9.8% and open space 26.9%.
Where does Realmo's Warwick market data come from?
Realmo compiles Warwick, NY figures from 5 recent recorded sales, 28 active sale listings, 9 active lease listings, 332 tracked off-market properties, the current Warwick zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 9 active for-lease listings in Warwick, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 62,761 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
