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516 Fountain Avenue
Brooklyn NY 11208 US

$700,000

Active Listing ID 1013156
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Lot: 0.09 Acres
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Other

$700,000

Active Listing ID 1013156
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516 Fountain Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 700000
  • unparsedaddress: 516 Fountain Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11208
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0918
  • lotsizeunits: Acres
  • lotsizearea: 0.0918
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Alexana J. Martins
  • listagentemail: alexana.martins@corcoran.com
  • listagentkey: 3yd-MLSLINY-184599
  • listagentmlsid: 184599
  • listagentpreferredphone: 9172045314
  • listagentofficephone: 9172045314
  • listofficekey: 3yd-MLSLINY-JCHA03
  • listofficemlsid: JCHA03
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1901
  • listingcontractdate: 2026-06-13
  • countyorparish: Kings (Brooklyn)
  • parcelnumber: 04481-0021
  • elementaryschooldistrict: Brooklyn 19
  • middleorjuniorschooldistrict: Brooklyn 19
  • highschooldistrict: Brooklyn 19
  • constructionmaterials: Stucco
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Corcoran", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alexana.martins@corcoran.com", "ListBrokerageCity":"Westhampton Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jocelyn.haas@corcoran.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Corcoran", "ListBrokeragePhone":"(631) 288-6900", "ListBrokeragePostalCode":"11978", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"92 Main Street", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"4734 Vernon Blvd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"JCHA03", "ListOfficeCity":"Long Island City", "ListOfficeCountry":"US", "ListOfficeEmail":"jocelyn.haas@corcoran.com", "ListOfficePostalCode":"11101", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Brooklyn, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-06-13 17:36:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4929, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/13/2026 5:36:36 PM GMT
Source Updated Date: 6/20/2026 12:30:50 PM GMT

Courtesy of: Alexana J. Martins, Corcoran, alexana.martins@corcoran.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.