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Address: ‎651 Barbey Street
Zip Code: 11207
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$1,250,000
MLS # 972287
English
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Douglas Elliman Real Estate Office: ‍516-746-0440

$1,250,000 - 651 Barbey Street, Brooklyn, NY 11207|MLS # 972287

MLS #‎ 972287
Construction Year1930
Taxes
(per year)
$11,161
Fuel TypeGas
BasementFull basement
Bus2 min: B15, B6, B84
5 min: B83
6 min: B14
8 min: B20, BM5
Subway2 min: 3
10 min: C
LIRR1.1 miles: "East New York"
3.4 miles: "Nostrand Avenue"
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房屋英文概況 English 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.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Douglas Elliman Real Estate © 2026

Courtesy of Douglas Elliman Real Estate

公司: ‍516-746-0440




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$1,250,000
COMMERCIAL
MLS # 972287
‎651 Barbey Street
Brooklyn, NY 11207


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