286 W 137Th Street, New York, NY

Name: 286 W 137Th Street, For Sale in New York - Zoocasa
Brand: Park Assets Real Estate Corp
SKU: 1034655
Price: 1799999 USD

House

For Sale

Listed price in listed location currency (USD).

$1,799,999

750

MLS® 1034655

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes $40,388

Days Active 0

Lot Size 0.0356 Acres

Approx. Age 1910

MLS® Number 1034655

Property Address: 286 W 137th Street, New York, NY, 10030

Average square foot calculated using Size range provided by listing agent.

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, 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.

MLS® Number1034655

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1910

BasementFinished, Full, Storage Space, Walk-Out Access

DrivewayOn Street

Garage Spaces

HeatENERGY STAR Qualified Equipment, Natural Gas, Separate Meters

A/CCentral Air, ENERGY STAR Qualified Equipment, Separate Meters

Extras

Map

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