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Brick Six-Family 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 Market159

Property Features for 651 Barbey Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 14
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 4, Basement, Bedroom 13, Bedroom 9, Bedroom 11, Bedroom 14, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bedroom 3, Bedroom 12
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: Aug 20 Last Checked: Aug 21 at 10:06PM
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 oversized brick six-family apartment building offers approximately 6,150 square feet of living space with spacious unit layouts. The building includes four large 2-bedroom units and two 3-bedroom units, creating a tenant-friendly mix for long-term occupancy. Utilities are set up for separation with 7 electric meters and 6 gas meters.

Recent improvements include a new boiler and hot water heater, and the roof was replaced approximately six years ago. Heating is natural gas, and the property is served by public water and public sewer. The building was constructed in 1930.

With a reported cap rate of approximately 7%, this property is positioned as an investor-ready multifamily offering.

Key Highlights

  • Approximately 6,150 SF oversized six‑family apartment building
  • Unit mix: four 2‑bedroom units and two 3‑bedroom units
  • Utility separation 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 - Oversized six-family building with four two-bedroom and two three-bedroom apartments plus separate electric and gas meters.
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: Approximately 6,150 SF oversized six‑family apartment building; Unit mix: four 2‑bedroom units and two 3‑bedroom units; Utility separation with 7 electric meters and 6 gas meters
More about this property
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