Active

286 W 137th Street

New York (Manhattan), NY 10030

$1,799,999 $7,588/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

0.04

Acre(Lot)

Description

Turnkey 4-Unit Investment Property in Harlem | Fully Renovated | Strong Cash Flow | Free Market Exceptional opportunity to acquire a fully leased, free-market four-family building in the heart of Harlem. Originally a single-family home, the property underwent a complete gut renovation and was rebuilt in 2020 to meet modern four-family specifications. Every major component was newly constructed, creating a low-maintenance, turnkey asset designed for long-term performance. This income-producing property generates $13,882 per month in gross rental income and delivers an impressive net operating income of approximately $8,487 per month after expenses. All four apartments have been tastefully renovated and are occupied by well-qualified tenants with a strong history of on-time payments, provi ding immediate and reliable cash flow from day one. Investment Highlights Fully free-market 4-unit building Complete redevelopment completed in 2020 Gross Monthly Rent: $13,882 Net Monthly Income: Approximately $8,487 Fully occupied with qualified, dependable tenants Modern renovations throughout Low-maintenance investment with strong in-place income Unit Breakdown First Floor Duplex Spacious duplex residence Exclusive use of the finished basement Private backyard access Second Floor 2 Bedrooms 1 Bathroom Private balcony Third Floor 2 Bedrooms 1 Bathroom Fourth Floor 1 Bedroom 1 Bathroom Expansive private balcony with generous outdoor space Whether you're completing a 1031 exchange, expanding your multifamily portfolio, or seeking a stable, cash-flowing asset in one of Manhattan's most desirable rental markets, this property offers the ideal combination of strong in-place income, modern construction, and long-term appreciation potential. Properties of this caliber—fully renovated, fully leased, free-market, and producing immediate positive cash flow—rarely become available. This is a true turnkey investment with nothing left to do but collect the rent.

Property Details

Property Type : Residential Income

Price : $1,799,999

AD Id : 89099962

MLS Id : 1034655

Beds : 7

Lot Size : 0.04 Acre

Tax Amount : $40,387.52

Year Built : 1910

County : New York (Manhattan)

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Bathroom Information

Total Baths: 5 Full Baths: 5

Room Information

Basement: Finished, Full, Storage Space, Walk-Out Access
Flooring Information

Hardwood, Wood
Interior Features

Granite Counters, High Speed Internet, Open Floorplan, Master Downstairs, Recessed Lighting, Storage Laundry Features: Electric Dryer Hookup, In Unit, Inside, Multiple Locations
Heating & Cooling

Has Heating: Yes Heating: ENERGY STAR Qualified Equipment, Natural Gas, Separate Meters Has Cooling: Yes Cooling: Central Air, ENERGY STAR Qualified Equipment, Separate Meters

Building Information

Year Built: 1910 Building Area Total: 4247 Patio And Porch Features: Patio Private Pool: No

Lot Information

Lot Size Acres: 0.0356 Lot Size Square Feet: 1549

Listing Price Information

Listing Price: $1799999

Tax Information

Parcel Number: 1942-0057 Annual Tax: $40387.52

Parking Information

On Street

Utility Information

Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Location Information

Direction: Enter 286 West 137th st to your gps and follow directions WaterSource: Public

Sell a home like this and save $107,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Similar Multifamily To 286 W 137th Street

Nearby For Sale

Active

$1,649,000

Multifamily For Sale

226 West End Avenue,
New York, NY, 11235

Bath

Acre(Lot)

1775 Genesee Street,
New York, NY, 14533

Bed

Bath

Sqft

Acre(Lot)

735 Woodrow Road,
Staten Island, NY, 10312

Bed

3.5

Bath

2,642

Sqft

0.17

Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 10/05/2026 @ 19:51

MLS: 1034655 LISTED BY: Ragib Bhuiya, Park Assets Real Estate Corp 718-684-8000 SOURCE: OneKey MLS