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651 Barbey Street
651 Barbey Street
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651 Barbey Street
651 Barbey Street
Courtesy of Douglas Elliman Real Estate
For Sale

651 Barbey Street

651 Barbey Street, Brooklyn, NY 11207

$1,199,000
Oversized six-family building offering approximately 6,150 square feet of living space with spacious apartment layouts throughout. The property consists of four large 2-bedroom units and two 3-bedroom units, providing strong rental appeal and stable income potential.
The building is configured with 7 electric meters and 6 gas meters, allowing for separate utilities. Recent improvements include a new boiler and hot water heater, and the roof was replaced approximately six years ago.
Conveniently located near public transportation, neighborhood shopping, and local amenities, making it attractive for long-term tenants.
Currently generating approximately $88,000 in Net Operating Income (NOI) and offered at approximately a 7% cap rate at the asking price. Excellent opportunity for investors seeking a well-sized multifamily property with solid cash flow in Brooklyn.

14
beds

6
baths

6,150 Sq.Ft. LIVING AREA

2,500 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms14
  • Total bathrooms6
  • full bathrooms6
  • other interior Features Other

Area & Lot

  • Status For Sale
  • Living Area6,150 Sq.Ft.
  • Total Area6,150 Sq.Ft.
  • Lot Area2,500 Sq.Ft.
  • MLS® ID972353
  • TypeMulti-Family
  • YEAR BUILT1930
  • Elementary SchoolPs 13 Roberto Clemente
  • Middle SchoolJhs 292 Margaret S Douglas
  • High SchoolPerf Arts & Tech High School
  • School DistrictBrooklyn 19

Exterior

  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
  • parkingNone
  • HEAT TYPENatural Gas, Other
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$1,199,000
  • Real Estate Tax $11,161/yr
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Thank you for your interest in 651 Barbey Street, Brooklyn, NY 11207. We are reviewing your request and will be in touch shortly!

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