651 Barbey Street, Brooklyn, NY 11207
Local realty services provided by:Bon Anno Realty ERA Powered
651 Barbey Street,Brooklyn, NY 11207
$1,250,000
- 14 Beds
- 6 Baths
- 6,150 sq. ft.
- Multi-family
- Active
Listed by: james y. chung
Office: douglas elliman real estate
MLS#:972353
Source:OneKey MLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$203.25
About this home
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.
Contact an agent
Home facts
- Year built:1930
- Listing ID #:972353
- Added:1 day(s) ago
- Updated:March 16, 2026 at 09:37 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Full bathrooms:6
- Basement:Yes
- Basement Description:Full
- Living area:6,150 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1930
- Building area:6,150 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
Schools
- High school:Perf Arts & Tech High School
- Middle school:Jhs 292 Margaret S Douglas
- Elementary school:Ps 13 Roberto Clemente
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$203.25
- Tax amount:$11,161 (2025)
New listings near 651 Barbey Street
- New
$1,288,000Active6 beds 3 baths1,605 sq. ft.7816 14th Avenue, Brooklyn, NY 11228
MLS# 499707Listed by: RE/MAX REAL ESTATE PROFESSIONA - New
$199,998Active1 beds 1 baths550 sq. ft.3235 Emmons Avenue #315, Brooklyn, NY 11235
MLS# 499693Listed by: RE/MAX EDGE - New
$1,247,000Active-- beds 3 baths2,251 sq. ft.2640 Brown Street, Brooklyn, NY 11235
MLS# 499701Listed by: GOLDEN REAL - New
$439,999Active1 beds 1 baths750 sq. ft.880 68th Street #5A, Brooklyn, NY 11220
MLS# 499703Listed by: ROBERT DEFALCO REALTY INC - New
$1,450,000Active3 beds 3 baths1,683 sq. ft.463 82nd Street, Brooklyn, NY 11209
MLS# 499696Listed by: TIGER REALTY - New
$658,000Active2 beds 1 baths650 sq. ft.818 60th Street #6B, Brooklyn, NY 11220
MLS# 971316Listed by: SKYLUX REALTY INC - New
$899,000Active2 beds 1 baths955 sq. ft.689 Myrtle Avenue #3D, Brooklyn, NY 11205
MLS# 972169Listed by: SIGNATURE PREMIER PROPERTIES - New
$7,499,000Active-- beds 16 baths566 7th Street, Brooklyn, NY 11215
MLS# 499623Listed by: WOLF PROPERTIES INC - New
$698,000Active3 beds 2 baths1,302 sq. ft.1531 East 54th Street, Brooklyn, NY 11234
MLS# 499642Listed by: PRIDE ESTATES