Home Details for 651 Barbey Street

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.

• Utilities

  • Natural Gas Available
  • Cable Available
  • Electricity Available
  • Sewer Connected
  • Water Connected

• Parking

  • No Garage
  • None

• Cooling Information

  • None

• Heating Information

  • Natural Gas

• Water Features

  • Public

• Basement

  • Full