About
this home
this home
Laundry Room
Storage Closet
Hardwood Floors
Public Sewer
Public Water Source
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Underground Utilities
Water Connected
Patio
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.
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.
Other
Details
Details
Property Type
--
Square Footage
0
Year Built
1910
Floor Number
--
Parking
No
Terrace
No
Listing Courtesy of
Park Assets Real Estate Corp
MLS ID
KEY426391347
Source


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