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651 Barbey Street, Brooklyn, NY 11207

$1,250,000

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New to the Market

MLS#972353

STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBrooklyn 19

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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.

651 Barbey Street | MLS# 972353

This multi-family property located at 651 Barbey Street, Brooklyn, NY 11207 is currently listed for sale with an asking price of $1,250,000. Barbey Street is located within the Brooklyn 19 school district. Search Brooklyn real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: None

Heating: Natural Gas, Other

Lot Size: 0.06 Acres

Taxes: $11,161

Year Built: 1930

Amenities

Other

Feature Descriptions

Building Area Total: 6150

Cap Rate: 7

Days on Site: 4

Exterior: Brick

Fuel Expense: 8000

Heating Units: 1

Lot Dimensions: 25x100

On Market Date: 2026-03-16

Parcel Number: 04077-0008

Parking Features: None

Property Attached Y/N: 1

Rental Term: Monthly

Separate Electric Meters: 7

Separate Gas Meters: 6

Sewer: Public Sewer

Units: 6

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected

Water: Public

Local Schools

High School: Perf Arts & Tech High School

Middle School: Jhs 292 Margaret S Douglas

Elementary School: Ps 13 Roberto Clemente

School District: Brooklyn 19

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55 Northern Blvd
Greenvale, NY 11548

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/21/2026. The listing information on this page last changed on 03/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/21/2026 1:42:42 AM EST) or OneKey MLS (last updated Sat 03/21/2026 1:38:14 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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651 Barbey Street, Brooklyn, NY 11207

Property Description

651 Barbey Street | MLS# 972353

Property Features

Amenities

Feature Descriptions

Local Schools

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651 Barbey Street, Brooklyn, NY 11207

651 Barbey Street, Brooklyn, NY 11207

Property Description

651 Barbey Street | MLS# 972353

Property Features

Amenities

Feature Descriptions

Local Schools

TOUR THIS HOME

Estimate Your Payment

Change Payment Information

Listed By / Shown By

651 Barbey Street, Brooklyn, NY 11207

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