$1,799,999

Quadruplex In New York (Manhattan)

  • 7 Beds
  • 5 Baths
  • 4,247 Sqft
  • 1,549 Sqft lot
  • Updated: August 5
  • 8
    Views for last 30 days
  • Source:
    OneKey MLS  MLS#1034655

About the Property

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 constr
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.
  • Property type

    Other

  • Year built

    1910

  • Price/sqft

    $423

Features

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286 W 137th Street, New York, New York, United States View on Google Maps
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Park Assets Real Estate Corp - Baldwin

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Park Assets Real Estate Corp - Baldwin
New York, United States
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3
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2026
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Park Assets Real Estate Corp - Baldwin
Baldwin, New York, United States
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Last updated
August 5
First listed
Aug 5
Listing reference
1034655
Listing status
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