1074 BARBEY Street, New York City, NY 11207
Listing Courtesy of Brown Harris Stevens Queens LLC
$799,999
Potential Rebate: $12,000
Overview
Welcome to 1074 Barbey Street - a legal two-family townhouse in East New York, Brooklyn, offering a blend of stable cash flow and value-add potential.<br> <br> This turnkey legal multi-family home is the ideal investment property with solid rental income and future upside. <br> <br> Spanning four levels with five bedrooms and three-and-a-half baths as well as a walk-out basement with access to backyard, this income-producing multifamily property is fully tenant-occupied with month-to-month leases, providing flexibility for investors seeking both steady returns and long-term growth.<br> <br> The home is a turnkey opportunity for those looking to expand their Brooklyn investment portfolio or enter the multifamily rental market. With reliable rental income from day one, investors can collect returns immediately while planning future improvements or repositioning.<br> <br> Situated in a rapidly developing corridor of East New York, the property benefits from easy access to JFK airport, subway lines, schools, and retail. It's a smart, straightforward investment property for buyers who value consistent performance and solid fundamentals.<br> <br> Get in touch today before this ideal investment opportunity is gone!
Home Features
- •Washer Hookup
- •In Unit
- •Smoke Free
Estimated Monthly Payment
$4,512 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,000
Monthly savings impact
$33/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Queens LLC
Data Source: TRESTLE #RLS20058382
Price Analysis
Compare average listing prices and value metrics for 1074 BARBEY Street against the surrounding New Lots market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
9.74% Higher
than the New Lots price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within New Lots.
