516 FOUNTAIN Avenue, Brooklyn, NY 11208
516 FOUNTAIN Avenue, Brooklyn, NY 11208
516 FOUNTAIN Avenue, Brooklyn, NY 11208
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Randy Reis

Randy Reis

+1(917) 435-4870
Listing Courtesy of Corcoran Group
$700,000
Est. payment /mo
4 Beds
2 Baths
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UPDATED:

Key Details

Property Type Single Family, Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision East New York

MLS Listing ID RLS20099334

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1901

Annual Tax Amount $4,992

Property Sub-Type Mixed Use

Property 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.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Fireplace No

Laundry In Unit

Exterior

Exterior Feature None

Pool Building None

View Y/N No

View Other

Porch None

Private Pool Yes

Building

Dwelling Type Mixed Use

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 04481-0021

Ownership None

Monthly Total Fees $416

Special Listing Condition Standard

Pets Allowed Building Yes, No

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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