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286 W 137th Street

$1,799,999

Est. $12,432/mo

New York, NY 10030 · Manhattan

Beds
7
Baths
5
Status
Active
On site
45 days

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About this home

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.

Listed with Park Assets Real Estate Corp · Ragib Bhuiya · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 5:07 AM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

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$12,431.99Total / mo

Estimated Monthly Payment

Principal & interest
$8,866.32 (71.3%)
Taxes
$3,365.67 (27.1%)
Insurance
$200.00 (1.6%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around New York, NY

Current Listings

New in the last 30 days

47

Sep 2026

Average Price

Active listings

$1,565,162

Sep 2026

Average Days on Market

Active listings

178 days

Sep 2026

Computed from 468 active OneKey MLS listings in New York, NY.

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