Date
Details
Price
Change
Source
3/16/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,250,000 Just Listed
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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: $1,250,000
- Taxes: $11,161
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 972287
- Updated: Today (3/16/2026)
- Added to Site: Today
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
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 6150
- Square Feet: 6,150
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,500
- Zoning: R5
Financial Considerations
- Tax Amount: $11,161
- Tenant Pays: Electricity, Gas
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
NMLS#: 1598647Get Pre-Approved Today
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
Tax History
Tax History for 651 Barbey St
Year
Property Taxes
Change
Tax Assessment
Change
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
—
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
Estimate the Cost for 651 Barbey St
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- Commercial
- Active
Listed by Landmark International R E LLC and EXP Realty
- Commercial
- Active
- Updated 8 days ago
Listed by Real Broker NY LLC
- Commercial
- Active
- Updated 7 days ago
Listed by Chime Realty Corp
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- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 2Total Baths
- 2,172Sq. Ft.
Listed by Terra Realty Group Inc
- Multi-Family
- Active
- Updated 3 days ago
- 4Total Beds
Listed by BLT Minimax Realty Inc
- Co-op
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
Listed by William Raveis Real Estate
651 Barbey Street, Brooklyn, NY 11207 (MLS# 972287) is a Commercial property. 651 Barbey Street is currently listed for $1,250,000 and was received on March 16, 2026. Want to learn more about 651 Barbey Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.