Donnamarie Chaimanis
Call: (516) 978-9393
Text: (516) 978-9393
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.
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Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 516-746-0440
Shown By
Agent Name: Donnamarie Chaimanis
Agent Phone: (516) 978-9393
Agency Title: Laffey Real Estate
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651 Barbey Street , Brooklyn, NY 11207.
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651 Barbey Street , Brooklyn, NY 11207.
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 $1,250,000. Barbey Street is located within the Brooklyn 19 school district. Search Brooklyn real estate on donnamariechaimanis.laffey.com today.