Commercial Real Estate Market in Warwick, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
37 active listings and 332 off-market properties in Warwick, NY. Commercial property asks $140/SF to buy (based on 4 listings) and $18.00/SF/Yr to lease (based on 5 listings).
Market Trends
Warwick, NY spans 61.4 square miles in Orange County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Warwick, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
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%.
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%.
Multifamily
Multifamily vacancy in Warwick, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Warwick?
How much does it cost to lease commercial space in Warwick?
What zoning applies to commercial property in Warwick?
Where does Realmo's Warwick market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 16 active for-lease listings in Warwick, NY. The medians are based on 4 of the for-sale and 5 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
