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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
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
Price Drop
$ 650,000
[7.14%] [$ -50,000]
Building For Sale
Property Type
Active
Status
11
Rooms
1,360/126
ASF/ASM
$ 4,992
Real Estate Taxes [Per Annum]
  • 516 Fountain Avenue
  • $ 650,000
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
516 Fountain Avenue East New York Brooklyn NY 11208

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

Features

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

Contact

License Licensed As: Jay M. Heydt
Jay Heydt

Jay Heydt

License Licensed As: Jay M. Heydt

Principal Broker

W: 646-234-5815
M: 646-234-5815
Contact Agent Download VCard

Mortgage Calculator

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Loan Amount

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 Vertical Real Estate. 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