BEDS0
BATHS
MLS#972287
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBrooklyn 19
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.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Full
Cooling: None
Heating: Natural Gas
Lot Size: 0.06 Acres
Stories: 3.0
Taxes: $11,161
Year Built: 1930
Feature Descriptions
Building Area Total: 6150
Days on Site: 111
Exterior: Brick
Heating Units: 1
Heating Zones: 1
On Market Date: 2026-03-16
Parcel Number: 04077-0008
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 7
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 6
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Perf Arts & Tech High School
Middle School: Jhs 292 Margaret S Douglas
Elementary School: Ps 13 Roberto Clemente
School District: Brooklyn 19
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 516-746-0440
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Local Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/06/2026. The listing information on this page last changed on 07/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/06/2026 12:17:35 AM EST) or NJMLS/ IDX (last updated Sun 07/05/2026 11:23:15 PM EST) or OneKey MLS (last updated Mon 07/06/2026 12:14:21 AM EST) or REBNY MLS (last updated Sun 07/05/2026 9:24:46 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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651 Barbey Street | MLS# 972287
This commercial property located at 651 Barbey Street, Brooklyn, NY 11207 is currently listed for sale with an asking price of $1,199,000. Barbey Street is located within the Brooklyn 19 school district. Search Brooklyn real estate on www.joycerealty.com today.