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About This Home
This 0-bedroom, 0-bathroom single family at 516 Fountain Avenue in Brooklyn, NY is listed for $700,000. Built in 1901, on a 0.09 acres lot.
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.
Key Features
- Built in 1901
- 0.09 acre lot
Property Details
Monthly Cost Estimate
$3,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
516 Fountain Avenue
Brooklyn, NY 11208
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom single family at 516 Fountain Avenue is listed at $700,000. The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.
Key features include: Built in 1901, 0.09 acre lot.
This property is listed by Alexana J. Martins and can be reached at 9172045314 or alexana.martins@corcoran.com.
