286 W 137th Street, New York, NY 10030
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
286 W 137th Street,New York (manhattan), NY 10030
$1,795,000
- 7 Beds
- 5 Baths
- 4,247 sq. ft.
- Multi-family
- Active
Listed by: ragib bhuiya
Office: park assets real estate corp
MLS#:1034655
Source:OneKey MLS
Price summary
- Price:$1,795,000
- Price per sq. ft.:$422.65
About this home
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, providing 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....
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Home facts
- Year built:1910
- Listing ID #:1034655
- Added:91 day(s) ago
- Updated:November 04, 2026 at 02:12 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Hardwood
- Bedroom Description:First Floor Bedroom, Master Downstairs
- Basement:Yes
- Basement Description:Finished, Full, Walk-Out Access
- Living area:4,247 sq. ft.
Heating and cooling
- Cooling:Central Air, ENERGY STAR Qualified Equipment
- Heating:ENERGY STAR Qualified Equipment, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1910
- Building area:4,247 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Mid Rise, Modern
- Construction Materials:Energy Star
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,795,000
- Price per sq. ft.:$422.65
- Tax amount:$40,388 (2025)
Features and amenities
- Laundry features:In Unit, Washer/Dryer Hookup
- Amenities:Granite Counters, High Speed Internet, Open Floorplan, Storage
Parking
- Parking description:On Street
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