Financial
Distress signals
Property profile

23 West St Upper Level Warwick, NY 10990

FOR LEASE
Office buildings
Property ID
US63-2173775
1,993 SF 0.49 ac lot Built 1968
Last sale Jan 2024 · $780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a standalone office building with approximately 3,450 square feet of space distributed across two unfinished levels connected by an interior staircase. The upper level features an open layout with high ceilings, abundant natural light, and central air conditioning, and includes an ADA-accessible entry. The building has multiple access points serving the front, side, and lower levels, and its configuration can accommodate either a single tenant or a two-tenant arrangement. An

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$67k
Assessed land$22k
Assessed improvement$46k

Value estimate

· Sep 2026
$780k
$702k – $858k
AI approach$780k
CAP approach$545k
Submarket $/SF estimate$532k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$2k
Operating expenses−$18k
NOI · 933.16% cap applied$42k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$121 – $267
Qualifying comparables4

Cap rate analysis

How does the asset earn?
933.16%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
401
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand index
Bakery9.1
Building Supply8.7
Dry Cleaner8.7

Location

23 West St, Unit Upper Level Warwick, NY 10990
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
55 Ronald Reagan, Warwick, NY 10990-4105 $609,000 Jul 2025 2,228 SF
35 Galloway, Warwick, NY 10990-1627 $950,000 Jan 2025 2,615 SF
3 Laudaten, Warwick, NY 10990 $45,000 May 2021 1,250 SF
45 Ronald Reagan, Warwick, NY 10990-4105 $699,000 Aug 2020 2,551 SF
10 Ronald Reagan, Warwick, NY 10990-4104 $329,000 Aug 2019 3,666 SF
25 Railroad, Warwick, NY 10990-1611 $1,300,000 May 2019 3,665 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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