Listing by: ONEKEY as distributed by MLS GRID / Listed By: Park Assets Real Estate Corp - Contact: 718-684-8000
286 W 137th Street New York (Manhattan), NY 10030
Active
$1,799,999 (USD)
Description
MLS #:
1034655
1034655
Taxes
$40,388(2025)
$40,388(2025)
Lot Size
1,549 SQFT
1,549 SQFT
Type
Multifamily
Multifamily
Year Built
1910
1910
Style
Modern, Mid Rise
Modern, Mid Rise
County
New York County
New York County
Community
Central Harlem
Central Harlem
Listed By
Ragib Bhuiya, Park Assets Real Estate Corp, Contact: 718-684-8000
Source
ONEKEY
Last checked Aug 4 2026 at 6:56 PM GMT+0000
ONEKEY
Last checked Aug 4 2026 at 6:56 PM GMT+0000
Bathroom Details
- Full Bathrooms: 5
Interior Features
- Master Downstairs
- Granite Counters
- Storage
- Washer/Dryer Hookup
- Laundry: In Unit
- Open Floorplan
- High Speed Internet
- First Floor Bedroom
- First Floor Full Bath
- Laundry: Inside
- Primary Bathroom
- Recessed Lighting
- Laundry: Electric Dryer Hookup
- Laundry: Multiple Locations
Property Features
- Foundation: Other
- Foundation: Pillar/Post/Pier
Heating and Cooling
- Natural Gas
- Energy Star Qualified Equipment
- Separate Meters
- Central Air
Basement Information
- Full
- Finished
- Storage Space
- Walk-Out Access
Flooring
- Hardwood
- Wood
Utility Information
- Utilities: Underground Utilities, Trash Collection Public, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected, Phone Connected
- Sewer: Public Sewer
Parking
- On Street
Additional Information: Park Assets Real Estate Corp | 718-684-8000
Location
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 8/4/2026 18:56. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Facebook
X
Pinterest
Copy Link
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.