516 Fountain Avenue, Brooklyn, NY 11208

$650,000
  • 516 Fountain Avenue, Brooklyn, NY 11208 Main Photo

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Agent photo

The Chaman Group
Call: (alternate 1) (516) 697-5810

MLS#1013156
STATUSActive PROPERTY TYPECommercial - Multiple SCHOOLBrooklyn 19

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.

516 Fountain Avenue | MLS# 1013156

This commercial property located at 516 Fountain Avenue, Brooklyn, NY 11208 is currently listed for sale with an asking price of $650,000. Fountain Avenue is located within the Brooklyn 19 school district. Search Brooklyn real estate on chaman-group.laffey.com today.

Property Features

Property Type: Commercial - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.09 Acres
Taxes: $4,929
Year Built: 1901

Feature Descriptions

Building Area Total: 1360
Business Type: Mixed, Residential
Days on Site: 18
Exterior: Stucco
On Market Date: 2026-06-14
Parcel Number: 04481-0021
Rental Term: Monthly
Sewer: Public Sewer
Utilities: None
Water: Public

Local Schools

School District: Brooklyn 19

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Corcoran
Agency Contact: 917-204-5314

Shown By

Agent Name: The Chaman Group
Agent Phone: Angela: (516) 697-5810
Agency Title: Laffey Real Estate

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