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  • Price cut: $99K (8/4)
    $1,100,000

    651 Barbey St #1-6, Brooklyn, NY 11207

    14beds
    6,150sqft
    Loading
    Rental Unit
    Built in 1930
    -- sqft lot
    $1,081,400 Zestimate®
    $179/sqft
    $-- HOA

    What's special

    New boilerHot water heaterSpacious apartment layouts
    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.
    136 days
    |
    147
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Elliman 917-576-9550,

    James Chung

    Source: StreetEasy,MLS#: S1817493

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 6
      • Full bathrooms: 6
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 6,150
      • Total interior livable area: 6,150 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Rental Unit
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Subdivision: East New York
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $179/sqft
      • Annual tax amount: $11,160
      • Date on market: 3/23/2026

        Estimated market value

        $1,081,400

        $1.03M - $1.14M

        $4,856/mo

        Price history

        DateEventPrice
        8/4/2026Price change$1,100,000-8.3%$179/sqft
        Source: StreetEasy #S1817493 Report a problem
        4/13/2026Price change$1,199,000-4.1%$195/sqft
        Source: StreetEasy #S1817493 Report a problem
        3/23/2026Listed for sale$1,250,000$203/sqft
        Source: StreetEasy #S1817493 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East New York

        Getting around

        86 / 100
        Very Walkable
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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