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Six-Family Brick Apartment Building
For Sale
$1,100,000

651 Barbey Street, Brooklyn, NY 11207

Residential Income, Brooklyn, NY

Property Size6,150 SF
Lot Size0.06 Acres
Price / SF$178.86
Days on Market176

Property Features for 651 Barbey Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 14
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bedroom 9, Bedroom 13, Bathroom 2, Bathroom 6, Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 4, Basement, Bedroom 3, Bedroom 11, Bathroom 1, Bathroom 3, Bedroom 12, Bedroom 14, Bedroom 5, Bedroom 10, Bathroom 5, Bathroom 4
Basement Full
Elementary school Ps 13 Roberto Clemente
Middle school Jhs 292 Margaret S Douglas
High school Perf Arts & Tech High School
Elementary school district Brooklyn 19
Middle school district Brooklyn 19
High school district Brooklyn 19
Directions Refer to Google Maps.
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
Listed By: James Y. Chung · License #10301214776
Added: Mar 16 Changed: Sep 2 Last Checked: Sep 7 at 8:06AM
MLS# 972353

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1930 brick apartment property contains six residences totaling approximately 6,150 square feet. The unit mix includes four 2-bedroom apartments and two 3-bedroom apartments, with spacious layouts and six bathrooms. Separate utility infrastructure includes 7 electric meters and 6 gas meters. Recent capital improvements include a new boiler, a new hot water heater, and a roof replacement completed approximately six years ago.

The property is located at 651 Barbey Street in Brooklyn, NY 11207, near public transportation, neighborhood shopping, and local amenities. The lot measures 0.06 acres and is served by public water and public sewer. Natural gas provides heating. The property is currently associated with approximately a 7% cap rate.

Key Highlights

  • Six‑family brick apartment building with approximately 6,150 square feet of living space
  • Unit mix includes four 2‑bedroom apartments and two 3‑bedroom apartments
  • Separate utility metering with 7 electric meters and 6 gas meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,593
Businesses Nearby

Demographics for 11207, NY

100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four two-bedroom and two three-bedroom residences with separate electric and gas metering.
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 $1,100,000.
What are key features of this property?
This property features: Six‑family brick apartment building with approximately 6,150 square feet of living space; Unit mix includes four 2‑bedroom apartments and two 3‑bedroom apartments; Separate utility metering with 7 electric meters and 6 gas meters
More about this property
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