Primary listing photo

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

14beds
6baths
6,150sqft
$1,199,000
$195price/sqft
$8,105/moest. monthly cost
$324,200/yrincome needed

About This Home

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.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
78
BikeVery Bikeable

Schools

5/10
Ps 13 Roberto ClementeGrades PK-50.5 mi
5/10
7/10

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 6
  • Full bathrooms: 6

Interior Area

  • Total structure area: 6,150
  • Total interior livable area: 6,150 sqft

Property

Details

  • Special condition: Resale