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.
For sale
Price cut: $99K (8/4)
$1,100,000
651 Barbey Street, Brooklyn, NY 11207
14beds
6,150sqft
Quadruplex, Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$179/sqft
$-- HOA
What's special
New boilerHot water heaterSpacious apartment layouts
- 167 days
- 255
- 8
Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman Real Estate 516-746-0440,
James Y. Chung 917-727-5652
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 972353
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Other
Cooling
- None
Features
- Other
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 6,150
- Total interior livable area: 6,150 sqft
Property
Parking
- Parking features: None
Lot
- Size: 2,500 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 040770008
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1930
Utilities & green energy
- Gas: Separate Gas Meters: 6
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $89,729
- Annual tax amount: $11,161
- Date on market: 3/16/2026
- Cumulative days on market: 168 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $1,100,000-8.3%$179/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #972353 Report a problem | ||
| 4/13/2026 | Price change | $1,199,000-4.1%$195/sqft |
Source: OneKey® MLS as distributed by MLS GRID #972353 Report a problem | ||
| 3/16/2026 | Listed for sale | $1,250,000-16.7%$203/sqft |
Source: OneKey® MLS as distributed by MLS GRID #972353 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #H6087897 Report a problem | ||
| 12/22/2020 | Listed for sale | $1,500,000$244/sqft |
Source: R New York #H6087897 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: East New York
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 13 Roberto Clemente
- Middle: Jhs 292 Margaret S Douglas
- High: Perf Arts & Tech High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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