651 Barbey Street, Brooklyn, NY 11207 - Photo 1

1/1

$1,199,000

For Sale
Active
Multi-Family
14 Total Beds

1/1

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.

Full Property Details

Full Property Details for 651 Barbey St

General

Price: $1,199,000
Taxes: $11,161
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 972353
Updated: 4/13/2026
Added to Site: 65 day(s) ago

Interior

Interior Features: Other

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 14

Parking

Parking Features: None

Location

County: Kings (Brooklyn)
Driving Directions: Refer to Google Maps.

School Information

High School District: Brooklyn 19
Elementary School: Ps 13 Roberto Clemente
Middle School: Jhs 292 Margaret S Douglas
High School: Perf Arts & Tech High School

Heating & Cooling

Cooling Type: None
Heating Type: Natural Gas, Other

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Full Basement
Building Size: 6150
Square Feet: 6,150
Year Built: 1930

Lot Features

Lot Size (Acres): 0.06
Lot Size (Sq. Ft.): 2,500
Lot Dimensions: 25 x 100

Financial Considerations

Tax Amount: $11,161.4

Disclosures and Reports

Special Conditions: None
Property ID: 04077-0008
Block: 4077
Lot Number: 8

Listed by Douglas Elliman Real Estate

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Listing agent

— 651 Barbey St —

Douglas Elliman Real Estate

516-746-0440

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Schools

Schools serving 651 Barbey St

School District:New York City Geographic School District 19

Name	Grades	Distance
Ps 13 Roberto Clemente 557 Pennsylvania Avenue, Brooklyn, NY 11207	K-5	0.5 mi
Jhs 292 Margaret S Douglas 301 Vermont Street, Brooklyn, NY 11207	6-8	0.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 651 Barbey St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/13/2026

Price Reduced

$1,199,000

-4.08%

MLS

3/16/2026

Listed

$1,250,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 651 Barbey St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$11,216

—

$413,550

361%

2025

$11,216

3%

$89,729

-69%

2024

$10,864

8%

$287,100

7%

2023

$10,064

10%

$269,550

-3%

2022

$9,144

8%

$279,000

8%

2021

$8,467

-2%

$258,300

-9%

2020

$8,609

3%

$283,050

20%

2019

$8,338

14%

$235,980

281%

2017

$7,293

—

$61,922

8%

2017

$7,293

7%

$57,341

8%

2016

$6,845

—

$53,094

—

2015

$6,840

9%

$53,094

3%

2014

$6,261

6%

$51,421

8%

2013

$5,925

—

$47,633

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

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651 Barbey Street, Brooklyn, NY 11207 (MLS# 972353) is a Multi-Family property with 6 units containing 14 bedrooms and 6 full bathrooms. 651 Barbey Street is currently listed for $1,199,000 and was received on March 16, 2026. Want to learn more about 651 Barbey Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

651 Barbey St Brooklyn, NY 11207