286 W 137th Street, New York (Manhattan), NY

$1,795,000

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7

Beds

5

Baths

4,247

Square feet

0.04

Acres

About 286 W 137th Street

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.

Features of 286 W 137th Street

MLS® # 1034655
Price $1,795,000
Bedrooms 7
Bathrooms 5.00
Full Baths 5
Internal Footage 4,247
Square Footage 1549
Acres 0.04
Year Built 1910
Type Residential Income
Sub-Type Quadruplex
Style Mid Rise, Modern
Status Active

Community Information

Address 286 W 137th Street
City New York (Manhattan)
County New York (Manhattan)
State NY
Zip Code 10030

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
Parking On Street
Is Waterfront No
Has Pool No

Interior

Interior Hardwood, Wood
Interior Features First Floor Bedroom, First Floor Full Bath, Granite Counters, High Speed Internet, Open Floorplan, Primary Bathroom, Master Downstairs, Recessed Lighting, Storage, Washer/Dryer Hookup
Heating ENERGY STAR Qualified Equipment, Natural Gas, Separate Meters
Cooling Central Air, ENERGY STAR Qualified Equipment, Separate Meters
Fireplace No
Has Basement Yes
Basement Finished, Full, Storage Space, Walk-Out Access

Exterior

Construction Brownstone, Energy Star

Additional Information

Date Listed August 4th, 2026
Days on Market 66
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofPark Assets Real Estate Corp
Contact Info718-684-8000

Listing Map

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