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651 Barbey Street , Brooklyn, NY 11207

$1,250,000

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New to the Market

BEDS0 BATHS MLS#972287

STATUSActive PROPERTY TYPECommercial - 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# 972287

This commercial 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: Commercial -

Basement: Yes

Basement: Full

Cooling: None

Heating: Natural Gas

Lot Size: 0.06 Acres

Stories: 3.0

Taxes: $11,161

Year Built: 1930

Feature Descriptions

Building Area Total: 6150

Days on Site: 4

Exterior: Brick

Heating Units: 1

Heating Zones: 1

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

Tenant Pays: Electricity, Gas

Units: 6

Utilities: Cable Available, Electricity Available, Natural Gas Available, 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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Greenvale, NY 11548

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651 Barbey Street , Brooklyn, NY 11207

Property Description

651 Barbey Street | MLS# 972287

Property Features

Feature Descriptions

Local Schools

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651 Barbey Street , Brooklyn, NY 11207

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