For sale

$1,199,000

651 Barbey Street, Brooklyn, NY 11207

14beds

6,150sqft

Quadruplex, Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$195/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.

122 days

129

5

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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: $195/sqft
Tax assessed value: $89,729
Annual tax amount: $11,161
Date on market: 3/16/2026
Cumulative days on market: 123 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
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

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: East New York

Getting around

86 / 100

Very Walkable

Nearby schools

GreatSchools rating

6/10
Ps 13 Roberto Clemente
Grades: PK-5Distance: 0.5 mi
5/10
Jhs 292 Margaret S Douglas
Grades: 6-8Distance: 0.5 mi
5/10
East New York Family Academy
Grades: 6-12Distance: 0.4 mi

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.