651 Barbey ST, Brooklyn, NY 11207
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$ 1,199,000
Est. payment | /mo

14 Beds

6 Baths

2,613 Sqft Lot


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$ 1,199,000
Est. payment | /mo
Save

14 Beds

6 Baths

2,613 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 972353

Bedrooms 14

Full Baths 6

Rental Info No

Year Built 1930

Annual Tax Amount $11,161

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x100

Property Sub-Type Quadruplex

Source onekey2

Property 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

State NY

County Kings (brooklyn)

Rooms

Basement Full

Interior

Interior Features Other

Heating Natural Gas, Other

Cooling None

Fireplace No

Exterior

Parking Features None

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 13 Roberto Clemente

Middle Schools Jhs 292 Margaret S Douglas

High Schools Brooklyn 19

School District Brooklyn 19

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Douglas Elliman Real Estate • James Y. Chung

Nearby Locations

Teka Rennocks

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(347) 326-2627

teka@berbickpremierrealty.com

70 E Sunrise Hwy Ste, Valley Stream, New York, 11581, USA

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651 Barbey ST