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350 Newport Bridge Rd 7,600 SF 5% Leased Industrial Building Pine Island, NY 10969 $675,000 ($88.82/SF)



Executive Summary
The sale includes four parcels totaling approximately 39.8 acres, anchored by a strategically located, improved site at 350 Newport Bridge Rd in Warwick, NY. The primary 15.60-acre parcel (10-1-36), zoned COM-1 within the Warwick Valley School District, serves as the centerpiece and is complemented by an 11.9-acre parcel (4-1-29 on Pulaski Hwy), a 6.3-acre parcel (6-3-11 on Pulaski Hwy), and an additional 6-acre parcel (12-3-45 on County Highway 1), offering flexibility for expansion, subdivision, or long-term land banking. The property features a 7,600 sq ft industrial-style building (1978) with concrete flooring, a loading dock, oversized commercial access doors, and strong electrical capacity, along with a high-producing well located outside the building for potential future use. The portfolio benefits from agricultural (“AG”) exemption status supported by $10,150 in annual income, helping offset carrying costs. Ideally located approximately 1.2 miles from the New Jersey border with convenient access to Route 17, I-87, and I-84, and within approximately 57 miles of New York City, this offering presents a rare opportunity combining scale, infrastructure, income, and strategic location.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$10,500
|
$1.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$10,500
|
$1.38
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $1.38 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $1.38 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $675,000 | Lot Size | 15.60 AC |
| Price Per SF | $88.82 | Rentable Building Area | 7,600 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | ||
| Zoning | Commercial - AG. | ||
| Price | $675,000 |
| Price Per SF | $88.82 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 15.60 AC |
| Rentable Building Area | 7,600 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Clear Ceiling Height | 14’ |
| Zoning | Commercial - AG. |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 335489-010-000-0001-036.000-0000 | Improvements Assessment | $13,700 (2024) |
| Land Assessment | $15,000 (2024) | Total Assessment | $28,700 (2024) |
Property Taxes
Parcel Number
335489-010-000-0001-036.000-0000
Land Assessment
$15,000 (2024)
Improvements Assessment
$13,700 (2024)
Total Assessment
$28,700 (2024)
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350 Newport Bridge Rd
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