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  • 516 Fountain Avenue
  • $ 650,000
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
516 Fountain Avenue East New York Brooklyn NY 11208
516 Fountain Avenue East New York Brooklyn NY 11208

516 Fountain Avenue

East New York   |   Hegeman Avenue & Linden Boulevard

Price Drop
Building For Sale
$ 650,000 [ 7.14% | $ 50,000 ]
Ownership Mixed Use
Lot Size 40'x100'
Floors/Apts 2/1
Status Active
Real Estate Taxes [Per Annum] $ 4,992
Building Type House
Building Size 20'x34'
Year Built 1901
ASF/ASM 1,360/126
Listing ID: 106898TH

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

Anny Yau

License

Real Estate Broker


W: 347-921-2111
516 Fountain Avenue East New York Brooklyn NY 11208

Property Description

This S1 mixed-use property consists of a one-family residence with one store/office and offers potential for multifamily redevelopment. Requires renovation and is being sold as-is. Includes a detached garage. Rare 4,000 sq. ft., providing more space than the surrounding neighborhood making it an ideal opportunity for investors, developers, and builders. Located in an area experiencing ongoing redevelopment throughout East New York. The property is surrounded by convenient neighborhood amenities, including the Gateway Center shopping district, one of Brooklyn's largest retail destinations, featuring more than 45 stores and restaurants. Within walking distance to Shirley Chisholm State Park, New York City's largest state park, featuring waterfront trails, biking paths, and panoramic views of Jamaica Bay. Supermarkets, restaurants, gas stations, and everyday services. Commuting is convenient with the C subway line within walking distance, plus nearby access to the A and 3 trains. The property also offers easy access to Atlantic Avenue, Linden Boulevard, Fountain Avenue, and the Belt Parkway. Building dimensions are approximately 20 ft x 34 ft (1,360 sq ft) on a 40 ft x 100 ft (4,000 sq ft) lot.


This S1 mixed-use property consists of a one-family residence with one store/office and offers potential for multifamily redevelopment. Requires renovation and is being sold as-is. Includes a detached garage. Rare 4,000 sq. ft., providing more space than the surrounding neighborhood making it an ideal opportunity for investors, developers, and builders. Located in an area experiencing ongoing redevelopment throughout East New York. The property is surrounded by convenient neighborhood amenities, including the Gateway Center shopping district, one of Brooklyn's largest retail destinations, featuring more than 45 stores and restaurants. Within walking distance to Shirley Chisholm State Park, New York City's largest state park, featuring waterfront trails, biking paths, and panoramic views of Jamaica Bay. Supermarkets, restaurants, gas stations, and everyday services. Commuting is convenient with the C subway line within walking distance, plus nearby access to the A and 3 trains. The property also offers easy access to Atlantic Avenue, Linden Boulevard, Fountain Avenue, and the Belt Parkway. Building dimensions are approximately 20 ft x 34 ft (1,360 sq ft) on a 40 ft x 100 ft (4,000 sq ft) lot.



Listing Courtesy of Corcoran Group

Anny Yau

License

Real Estate Broker


W: 347-921-2111

Care to take a look at this property?

Apartment Features

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

Building Details [516 Fountain Avenue]

Ownership Mixed Use
Service Level None
Block/Lot 4481/21
Building Size 20'x34'
Zoning R5
Building Type House
Year Built 1901
Floors/Apts 2/1
Lot Size 40'x100'

Building Amenities

Garage

Mortgage Calculator in [US Dollars]

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Loan Amount

Anny Yau

License

Real Estate Broker


W: 347-921-2111
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. 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.
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© 2026 by BC Realty Group.  All Rights Reserved 39 27-29 Street 3rd Floor, Long Island City, NY 11101
347-921-2111 | ayau@bcrealtygroup.com
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Built With OLR T01.50.0.0 | Core: 50.0.0
39 27-29 Street 3rd Floor, Long Island City, NY 11101
T:   347-921-2111   |   Email:   ayau@bcrealtygroup.com
T01.50.0.0 | Core: 50.0.0