Manhattan, Manhattan, NY 10030
Property Type
Quadruplex
Central AC
Yes
Patio/Porch
Patio
Year Built
1910
RE Tax
$40,388 (Monthly)
Home Style
Mid Rise, Modern
Listing courtesy of Ragib Bhuiya of Park Assets Real Estate Corp.
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.
0.0356 Acres
5
5
7
Manhattan
Manhattan
Quadruplex
$40,388 (Monthly)
1910
Electric Dryer Hookup, In Unit, Inside, Multiple Locations
Mid Rise, Modern
Townhouse
4
1910
Manhattan
Manhattan
Patio
On Street
$40,388 (Monthly)
Finished, Full, Storage Space, Walk-Out Access
Yes - Central Air, ENERGY STAR Qualified Equipment, Separate Meters
Hardwood, Wood
Yes
Yes - ENERGY STAR Qualified Equipment, Natural Gas, Separate Meters
Granite Counters, High Speed Internet, Open Floorplan, Master Downstairs, Recessed Lighting, Storage
0
Public
Total$49,797.52/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
286 West 137th Street, New York City, NY
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