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286 W 137th Street , New York (manhattan) , NY 10030


















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.
| Location/Town | New York |
| Area/County | Manhattan |
| Post Office/Postal City | New York (Manhattan) |
| Prop. Type | Single Family House for Sale |
| Style | Mid Rise, Modern |
| Tax | $40,388.00 |
| Bedrooms | 7 |
| Total Baths | 5 |
| Full Baths | 5 |
| Year Built | 1910 |
| Basement | Finished, Full, Storage Space, Walk-Out Access |
| Construction | Brownstone, Energy Star |
| Total Units | 4 |
| Lot SqFt | 1,549 |
| Cooling | Central Air, ENERGY STAR Qualified |
| Heat Source | ENERGY STAR Qualifie |
| Util Incl | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected |
| Patio | Patio |
| Days On Market | 1 |
| Parking Features | On Street |
| Tax Assessed Value | 374400 |
| Units | 4 |
| 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 |
| Listing information courtesy of: Park Assets Real Estate Corp | |