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286 W 137th Street , New York, NY 10030

$1,799,999
  • 286 W 137th Street , New York, NY 10030 Main Photo

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Agent photo

Nicholas Ramsingh
Call: (347) 429-2821
Text: (347) 429-2821

New to the Market
MLS#1034655
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Turnkey 4-Unit Investment Property in Harlem | Fully Renovated | Strong Cash Flow | Free MarketExceptional 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 HighlightsFully free-market 4-unit buildingComplete redevelopment completed in 2020Gross Monthly Rent: $13,882Net Monthly Income: Approximately $8,487Fully occupied with qualified, dependable tenantsModern renovations throughoutLow-maintenance investment with strong in-place incomeUnit BreakdownFirst Floor DuplexSpacious duplex residenceExclusive use of the finished basementPrivate backyard accessSecond Floor2 Bedrooms1 BathroomPrivate balconyThird Floor2 Bedrooms1 BathroomFourth Floor1 Bedroom1 BathroomExpansive private balcony with generous outdoor spaceWhether 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.

286 W 137th Street | MLS# 1034655

This multi-family property located at 286 W 137th Street , New York, NY 10030 is currently listed for sale with an asking price of $1,799,999. Search New York real estate on nicholasramsingh.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Storage Space, Walk-Out Access
Cooling: Central Air, ENERGY STAR Qualified Equipment, Separa
Heating: ENERGY STAR Qualified Equipment, Natural Gas, Separa
Home Style: Mid Rise, Modern
Lot Size: 0.04 Acres
Taxes: $40,387
Year Built: 1910

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

Feature Descriptions

Building Area Total: 4247
Cap Rate: 6
Exterior: Brownstone, Energy Star
Flooring: Hardwood, Wood
Heating Units: 5
Heating Zones: 5
Laundry: Electric Dryer Hookup, In Unit, Inside, Multiple Locations
On Market Date: 2026-08-04
Parcel Number: 1942-0057
Parking Features: On Street
Patio And Porch: Patio
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 5
Separate Gas Meters: 5
Sewer: Public Sewer
Tenant Pays: None
Units: 4
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
Water: Public

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Estimated Payment

$ 7,896.60 per month $4,006.02 Principal & Interest $3,365.58 Property Tax $525.00 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Park Assets Real Estate Corp
Agency Contact: 718-684-8000

Shown By

Agent Name: Nicholas Ramsingh
Agent Phone: (347) 429-2821
Agency Title: Laffey Real Estate

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