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.
Address
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Address: 516 FOUNTAIN Avenue
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City: New York City
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State/county: NY
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Zip/Postal Code: 11208
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Area: East New York
Details
Updated on June 23, 2026 at 1:22 pm-
Property ID RLS20099334
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Price $700,000
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Property Size 680 Sqft
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Bedrooms 4
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Rooms 11
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Bathrooms 2
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Garage Size x x
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Year Built 1901
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Type Mixed Use, Residential
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Property Status Active, For Sale
Additional details
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County Kings
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Property Type Residential
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Pool Building None
Features
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