# 651 Barbey Street, Brooklyn, NY 11207

> **TL;DR:** 14bd/6ba residential multi family, $1,250,000, built 1930. Est. $5,417/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Bedrooms | 14 |
| Bathrooms | 6 full |
| Year Built | 1930 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| **Total** | **$5,417** |

## Nearby Schools

- **Elementary:** Ps 13 Roberto Clemente
- **Middle:** Jhs 292 Margaret S Douglas
- **High:** Perf Arts & Tech High School

## Property Highlights

- Built in 1930
- 0.06 acre lot

## Description

### Agent 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.

## Location

- **Address:** 651 Barbey Street, Brooklyn, NY 11207
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.666532, -73.885655
- **Google Maps:** https://www.google.com/maps?q=40.666532,-73.885655

## Listing Agent

- **Name:** James Y. Chung
- **Brokerage:** Douglas Elliman Real Estate
- **Phone:** 9177275652
- **Email:** james.chung@elliman.com

## Primary Photo

![651 Barbey Street - Primary Photo](http://lh.rdcpix.com/9be92467f4308bc4a82f65cfbee0f28dl-f3743636856r.jpg)

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**MLS#:** 972353 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/651-barbey-street-brooklyn-ny-11207-y972353)

---

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