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516 Fountain Avenue East New York Brooklyn NY 11208
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  2. 516 Fountain Avenue
516 Fountain Avenue East New York Brooklyn NY 11208
516 Fountain Avenue East New York Brooklyn NY 11208
516 Fountain Avenue East New York Brooklyn NY 11208
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516 Fountain Avenue

East New York | BK
Hegeman Avenue & Linden Boulevard

Schedule a Viewing
New This Week
$ 700,000
Building For Sale
Property Type
Active
Status
11
Rooms
1,360/126
ASF/ASM
$ 4,992
Real Estate Taxes [Per Annum]
  • 516 Fountain Avenue
  • $ 700,000
516 Fountain Avenue East New York Brooklyn NY 11208

Building Details

516 Fountain Avenue East New York Brooklyn NY 11208
Mixed Use
Ownership
House
Building Type
None
Service Level
4481/21
Block/Lot
20'x34'
Building Size
40'x100'
Lot Size
R5
Zoning
1901
Year Built
2/1
Floors/Apts

Photos

516 Fountain Avenue East New York Brooklyn NY 11208
516 Fountain Avenue East New York Brooklyn NY 11208
516 Fountain Avenue East New York Brooklyn NY 11208

Description


Development opportunity in the heart of East New York, Brooklyn. S1 mixed-use property - one-family with one store/office, with potential for multifamily. Detached garage. Property requires renovation and is being sold as-is-ideal for investors and builders seeking strong value-add potential in a rapidly evolving Brooklyn market. Nearby amenities include the Gateway Center shopping district, gas stations, supermarkets, and restaurants. Walk to Shirley Chisholm State Park, NYC's largest waterfront green space with trails, biking paths, and panoramic Jamaica Bay views. Conveniently located near multiple subway lines, including the C train within walking distance, with additional access to the A and 3 trains nearby. Close Atlantic Ave, Linden Blvd, and Fountain Ave, with easy access to the Belt Parkway and JFK Airport. Building dimensions: 20 ft x 34 ft (approx. 1,360 sq ft). Lot size: 40 ft x 100 ft (4,000 sq ft). Excellent opportunity to maximize value in a well-connected Brooklyn location with strong long-term growth potential.

Development opportunity in the heart of East New York, Brooklyn. S1 mixed-use property - one-family with one store/office, with potential for multifamily. Detached garage. Property requires renovation and is being sold as-is-ideal for investors and builders seeking strong value-add potential in a rapidly evolving Brooklyn market. Nearby amenities include the Gateway Center shopping district, gas stations, supermarkets, and restaurants. Walk to Shirley Chisholm State Park, NYC's largest waterfront green space with trails, biking paths, and panoramic Jamaica Bay views. Conveniently located near multiple subway lines, including the C train within walking distance, with additional access to the A and 3 trains nearby. Close Atlantic Ave, Linden Blvd, and Fountain Ave, with easy access to the Belt Parkway and JFK Airport. Building dimensions: 20 ft x 34 ft (approx. 1,360 sq ft). Lot size: 40 ft x 100 ft (4,000 sq ft). Excellent opportunity to maximize value in a well-connected Brooklyn location with strong long-term growth potential.

Listing Courtesy of Corcoran Group

Features

A/C
Garage
516 Fountain Avenue East New York Brooklyn NY 11208

Contact

License Licensed As: Chad Kessler
Chad Kessler

Chad Kessler

License Licensed As: Chad Kessler

Licensed Associate Real Estate Broker

W: 718-499-2000 [ext 40]
M: 646-642-2423
Contact Agent Download VCard

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. All information is intended only for the Registrant’s personal, non-commercial use. RLS Data display by New Millennium Real Estate Corp.. Additional building data provided by On-Line Residential [OLR].
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.
Listing ID: 106898TH