NY
Kings (Brooklyn)
Brooklyn
11207
651 Barbey Street
651 Barbey Street, Brooklyn, NY 11207
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Listing Type
Multi Family
Listing Status
Active
1
$1,250,000

Home Details for 651 Barbey Street

Price
$1,250,000
Type
Residential Income
Bedrooms
14
Total Bathrooms
6
Full Bathrooms
6
Year built
1930
Lot size acres
0.06
County
Kings (Brooklyn)
Basement
Full
MLS Listing#
972353
Property Description

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.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • See Remarks
    • Sewer Connected
    • Water Connected
  • Heating Information
    • Natural Gas
    • Other
  • Parking
    • No Garage
    • None
  • Cooling Information
    • None
  • Water Features
    • Public
  • House Interior
    • Other
  • Basement
    • Full
School Information
School Information for 651 Barbey Street, Brooklyn, NY 11207
Elementary School
Ps 13 Roberto Clemente
Middle School
Jhs 292 Margaret S Douglas
High School
Perf Arts & Tech High School
Listing Courtesy: Douglas Elliman Real Estate - 516-746-0440
Presented by: James Y. Chung
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
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Market statistics compiled from data from OneKey MLS.
EXIT ALL SEASONS REALTY
8911 Glenwood Rd, Brooklyn, NY 11236
Office
718 345 4545
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