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698 State Route 94 N

Warwick, NY 10990
  • $699,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 962541
New On Site 5 Days Ago
UPDATED: 27 min ago
$699,000
  • 9
    BEDS
  • 23.9
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Discover a rare combination of substantial rental income and acreage in the heart of scenic Orange County. This versatile multi-unit property spans nearly 24 sprawling acres and is anchored by a massive 5,484 sq. ft. 4 family main structure. The property features four distinct layouts to suit a variety of tenants: Three 2-Bedroom Apartments and One 3-Bedroom Apartment. Separate utilities: tenants pay there own electric and natural gas heating/hot water. Beyond the residential units, the property offers exceptional utility and storage. Large Detached Barn: A massive structure providing endless possibilities—ideal for a workshop, equipment storage, agricultural use, or potential conversion for creative ventures, rent possibility of $2000/mo. 2-Car Attached Garage: Convenient, separate covered parking and additional storage space currently rented for $375 with upside for higher future rent. 23.9 Private Acres: A rare land find in Warwick, offering a blend of cleared space and natural landscape. Perfect for hobby farming and recreational use due to wetland restrictions, not suitable for subdivision. Located on the accessible State Route 94 corridor, you are minutes away from the vibrant Village of Warwick and the charming Village of Florida. Enjoy world-class orchards, wineries, and the renowned Warwick Valley school district. Fully rented status ensures immediate cash flow from day one in a high-demand rental market with low current rents with huge upside. This sale includes the adjacent vacant lot listed as St Hwy 17a, Warwick NY 10990 SBL 19-1-10 size 80ft X 116ft. Financials and Survey available in documents. POF or Pre Approval required prior to any showings.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Alexander Madison Realty. Data last updated: 2026-03-08T09:17:29.263.
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698 State Route 94 N Warwick, NY 10990

  • Price: $699,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 27 min ago
  • MLS #: 962541
9
Beds
4
Baths
0
½ Baths
23.9
Acres
1970
Built
Neighborhood:
Warwick (Town)
County:
Orange
Area:
Warwick (Town)
Elementary School:
Golden Hill Elementary
Middle School:
S S Seward Institute
High School:
S.S. Seward Institute
School District:
Florida
Property Description
Discover a rare combination of substantial rental income and acreage in the heart of scenic Orange County. This versatile multi-unit property spans nearly 24 sprawling acres and is anchored by a massive 5,484 sq. ft. 4 family main structure. The property features four distinct layouts to suit a variety of tenants: Three 2-Bedroom Apartments and One 3-Bedroom Apartment. Separate utilities: tenants pay there own electric and natural gas heating/hot water. Beyond the residential units, the property offers exceptional utility and storage. Large Detached Barn: A massive structure providing endless possibilities—ideal for a workshop, equipment storage, agricultural use, or potential conversion for creative ventures, rent possibility of $2000/mo. 2-Car Attached Garage: Convenient, separate covered parking and additional storage space currently rented for $375 with upside for higher future rent. 23.9 Private Acres: A rare land find in Warwick, offering a blend of cleared space and natural landscape. Perfect for hobby farming and recreational use due to wetland restrictions, not suitable for subdivision. Located on the accessible State Route 94 corridor, you are minutes away from the vibrant Village of Warwick and the charming Village of Florida. Enjoy world-class orchards, wineries, and the renowned Warwick Valley school district. Fully rented status ensures immediate cash flow from day one in a high-demand rental market with low current rents with huge upside. This sale includes the adjacent vacant lot listed as St Hwy 17a, Warwick NY 10990 SBL 19-1-10 size 80ft X 116ft. Financials and Survey available in documents. POF or Pre Approval required prior to any showings.
Exterior Features

Architectural Style Colonial Carport Spaces 1 Carport YN Yes Construction Materials Wood Siding Cross Street Glenmere Homesites Road Garage YN Yes Lot Features ClearedLevelRestrictions Parking Features Common Parking Total 8 Pool Private YN No Property Attached YN Yes Road Responsibility Public Maintained Road Waterfront YN No

Interior Features

Basement Details Unfinished Basement YN Yes Cooling None Interior Features First Floor BedroomFirst Floor Full BathEat-in Kitchen Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 3 Num Of3 Bed Rooms 1 Num Of4 Bed Rooms 0 Number Of Heat Units 4 Number Of Heating Zones 4

Property Features

Additional Fees YN No Building Area Total 5484 Electric Company Orange & Rockland Gross Income 72000 Heating Baseboard Listing Terms 1031 ExchangeCashConventional Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Operating Expense 22827 Other Structures Barn(s)Garage(s) Property Condition Actual Property Sub Type Quadruplex Road Frontage Type State Road Senior Community YN No Sewer Septic Tank Special Listing Conditions None Tax Annual Amount 11448.6 Tax Section 32 Tax Source Municipality Tenant Pays All Utilities Total Vacancies 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedTrash Collection PublicWater Connected Water Source Well

Listing courtesy of Jason L Mcgovern of Keller Williams Hudson Valley: 845-610-6065
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Alexander Madison Realty. Data last updated: 2026-03-08T09:17:29.263.
 
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