Brooklyn Multifamily Investment
651 Barbey Street Brooklyn, NY 11207
For Sale
$1,199,000
MULTI_FAMILY - Brooklyn, NY
Property Size6,150 SF
Lot Size0.06 Acres
Price / SF$194.96
Days on Market131
Property Features for 651 Barbey Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 14
- Bathrooms
- 6
- Rooms
- Bedroom 8, Bedroom 10, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 1, Basement, Bedroom 13, Bedroom 4, Bathroom 5, Bathroom 4, Bedroom 2, Bedroom 12, Bedroom 5, Bathroom 6, Bedroom 9, Bedroom 7, Bedroom 11, Bedroom 14
- Basement
- Full
- Standard status
- Active
- APN
- 04077-0008
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11161
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 6
- Building materials
- Brick
Listing Agency:
Douglas Elliman Real Estate
(516) 746-0440
Listed By:
James Y. Chung · License #10301214776
(917) 727-5652
Added: Mar 16
Changed: Jul 17
Last Checked: Jul 24 at 1:06AM
MLS# 972353
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Investment Insights
Based on property information with market context.
This six-family building in Brooklyn offers approximately 6,150 square feet of living space. It features spacious apartment layouts, including four 2-bedroom units and two 3-bedroom units. 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. The roof was replaced approximately six years ago. The property is located near public transportation, neighborhood shopping, and local amenities. The property is currently generating approximately $88,000 in Net Operating Income (NOI) and offered at approximately a 7% cap rate. The lot size is 0.06 acres.
Key Highlights
- Oversized six‑family building with approx. 6,150 SF and spacious apartment layouts
- Unit mix: four 2‑bedroom units and two 3‑bedroom units
- Separate utilities with 7 electric meters and 6 gas meters
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit building with strong income potential in Brooklyn.
Where is this apartment building located?
The property is located at 651 Barbey Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Oversized six‑family building with approx. 6,150 SF and spacious apartment layouts; Unit mix: four 2‑bedroom units and two 3‑bedroom units; Separate utilities with 7 electric meters and 6 gas meters