286 W 137th Street
New York, NY, 10030 $ 1,799,999
Bedrooms7 Baths5.0 Sq 4,247 Monthly Estimate*
$ 11,365
for $1,799,999 with 7 bedrooms and 5 full baths. This 4,247 square foot home was built in 1910 on a lot size of 0.0356.
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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FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath Granite Counters High Speed Internet Open Floorplan Primary Bathroom Master Downstairs Recessed Lighting Storage Washer/Dryer Hookup
Basement Finished Full Storage Space Walk-Out Access
Flooring Hardwood Wood
Basement Features Finished Full Storage Space Walk-Out Access
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 7
Total Baths 5
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GeneralSewer Public Sewer
Heating ENERGY STAR Qualified Equipment Natural Gas Separate Meters
Cooling Central Air ENERGY STAR Qualified Equipment Separate Meters
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Trash Collection Public Underground Utilities Water Connected
Patio/Porch Features Patio
Architectural Style Mid Rise Modern
Construction Materials Brownstone Energy Star
Year Built 1910
Tenant Pays None
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 1942-0057
County New York (Manhattan)
Insurance Expense 5732
Property Type Residential Income
Garage Y/N N
Full Baths 5
Directions Enter 286 West 137th st to your gps and follow directions
City New York
Senior Community Y/N N
Number Of Units Total 4
Carport Y/N N
Property Attached Y/N Y
Tax Annual Amount 40387.52
Water Sewer Expense 1406
Structure Type Mid Rise Townhouse
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 374400
Cap Rate 6
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ExteriorParking Features On Street On Street
Water Source Public
Foundation Details Pillar/Post/Pier Other
Spa N
Building Area Total 4247
Waterfront Y/N N
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* Excluded FeaturesList ByRagib BhuiyaListing Agent
Park Assets Real Estate CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $11,365
- Monthly Property Taxes
- $3,366
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in New York, NY
Average List Price $2,174,907
Percent of Sale Price 21%
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/4/2026 | $1,799,999 | | Listed Price |