651 Barbey Street 1-6
Listing Notes
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.
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $665,000 to $1,588,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 623 Barbey Street PH | $665,000 | 3 bd · 1.5 ba |
| 613 Linwood Street | $699,000 | 5 bd · 2.5 ba |
| 330 Wortman Avenue | $699,000 | 3 bd · 3.5 ba |
| 711 Schenck Avenue 711 | $753,500 | 5 bd · 2 ba |
| 469 Van Siclen Avenue 1 FAMILY | $775,000 | 3 bd · 1.5 ba |
| 294 Schenck Avenue | $829,000 | 5 bd · 3 ba |
| 631 Hegeman Avenue 2 | $850,000 | 6 bd · 2 ba |
| 722 Elton Street | $868,000 | 3 bd · 2 ba |
| 819 Ashford Street | $889,000 | 4 bd · 3 ba |
| 1094 Blake Avenue 2 FAM | $899,000 | 7 bd · 3 ba |
| 412 Bradford Street | $909,900 | 5 bd · 2 ba |
| 956 Hegeman Avenue 1 | $929,000 | 3 bd · 2 ba |
| 972 Dumont Avenue | $969,000 | 6 bd · 3 ba |
| 442 Linwood Street 3 | $969,000 | Studio · 1 ba |
| 538 Hendrix Street 1 | $999,999 | 7 bd · 3 ba |
| 1086 Blake Avenue 1 | $1,099,999 | 4 bd · 3 ba |
| 699 Bradford Street 1 | $1,149,000 | 7 bd · 3 ba |
| 425 Barbey Street 1 | $1,180,000 | 8 bd · 5 ba |
| 596 Wyona Street 6 FAMILY | $1,250,000 | 12 bd · 6 ba |
| 405 Miller Avenue | $1,259,000 | 6 bd · 3 ba |
| 521 Glenmore Avenue | $1,295,000 | 6 bd · 3 ba |
| 563 Glenmore Avenue 1 | $1,350,000 | 4 bd · 3 ba |
| 412 Montauk Avenue | $1,479,000 | 9 bd · 4 ba |
| 2182 Pitkin Avenue | $1,588,000 | 2 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
OpenRealtor, a RealtyLens company. Listing facts are drawn from public feeds and enriched with NYC public records. This is not the original listing site.