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  • 516 Fountain Avenue
  • $ 700,000
516 Fountain Avenue East New York Brooklyn NY 11208
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516 Fountain Avenue

East New York   |   Hegeman Avenue & Linden Boulevard
Listing ID: 106898TH

  • $ 700,000
  • Bedrooms
  • Bathrooms
  • HouseBuilding Type
  • 1,360/126 Approx. SF/SM

  • Details
    • Mixed UseOwnership
    • $ 4,992Anual RE Taxes
    • 20'x34'Building Size
    • 40'x100'Lot Size
    • 1901Year Built
    • ActiveStatus

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
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  • Matthew Coleman

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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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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. 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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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2026 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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Legal
Fair Housing Policy
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T01.50.0.0 | Core: 50.0.0
31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0