$ 1,799,999
-
$1,799,999
Price -
7
Bed -
5
Bath -
0
SqFt
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About the Listing PKAS01 - 192692
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.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air,ENERGY STAR Qualified Equipment,Separate Meters
- Heating: ENERGY STAR Qualified Equipment,Natural Gas,Separate Meters
- Fireplaces:
- Floor: Hardwood,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Storage Space,Walk-Out Access
- Other: First Floor Bedroom,First Floor Full Bath,Granite Counters,High Speed Internet,Open Floorplan,Primary Bathroom,Master Downstairs,Recessed Lighting,Storage,Washer/Dryer Hookup
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $40,388
- Taxes w/Assessments: N/A
- Tax/Property ID: 1942-0057
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
286 W 137th St New York (Manhattan), NY 10030
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