516 Fountain Ave

For Sale

516 Fountain Ave, Brooklyn, NY 11208

This Brooklyn property for sale is located at 516 Fountain Ave. The current listed sale price for 516 Fountain Ave is $748,000.

Contacts

Yakov Hershkowitz

Y H REAL ESTATE

Property Details

  • Property Type Unassigned
  • Year Built 1901
  • Date Updated Aug 8, 2026
Prime Mixed-Use Opportunity - East New York, Brooklyn Discover a rare chance to own a large mixed-use building in the heart of East New York, situated on an expansive 4,000?sq?ft lot. This property offers tremendous potential for repositioning, redevelopment, or adaptive reuse as a community facility. Currently a TLC (Tender Loving Care) asset, the building provides a solid foundation for investors or developers seeking value-add potential in one of Brooklyn's fastest-transforming corridors. With generous lot dimensions and flexible zoning, the site invites creative possibilities - from multi-family expansion to educational, medical, or nonprofit use. Lot Size: Approx.?4,000?sq?ft - oversized for the area Use: Mixed-use building with existing structure in need of TLC Zoning: Allows for residential, commercial, or community facility development (verify FAR and overlay specifics) Location: Convenient East?New?York block near transit, retail, and major thoroughfares Potential: Ideal for developers, investors, or organizations seeking a community-oriented site. This property represents a strategic investment opportunity in a neighborhood experiencing steady growth and revitalization. Whether you envision a modern mixed-use redevelopment or a community-driven facility, this site offers scale, flexibility, and long-term upside.
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Getting around

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  • 68/100

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Location

  • City Brooklyn, NY
  • Neighborhood East New York
  • Zip Code 11208
  • Market Brooklyn

Points of Interest

  • Norwood Avenue

    1.06 miles

  • 80th Street

    1.10 miles

  • Cleveland Street

    1.11 miles

  • Pennsylvania Avenue

    1.18 miles

  • Livonia Avenue

    1.49 miles

  • New Lots Avenue

    1.52 miles

  • Sutter Avenue

    1.56 miles

  • Cypress Hills

    1.57 miles

  • East New York Entrance

    1.70 miles

  • Broadway Junction

    1.83 miles

  • Allegiance

    0.40 miles

  • 76

    0.91 miles

  • BP

    0.95 miles

  • Mobil

    1.12 miles

  • Conoco

    1.21 miles

  • Exxon

    1.54 miles

  • Tesla Supercharger

    2.84 miles

  • Revel

    4.62 miles

  • ChargePoint

    4.80 miles

  • EVgo

    5.56 miles

  • School bus parking

    1.39 miles

  • Havens Place Lot

    1.77 miles

  • JFK Long Term Parking Area C

    2.33 miles

  • JFK Long Term Parking Area B

    2.51 miles

  • JFK Long Term Parking Area A

    2.52 miles

  • Stop & Shop Parking

    2.58 miles

  • JFK Airport Employee Parking

    2.67 miles

  • Canarsie Pier

    2.74 miles

  • JFK Long Term Parking (Private)

    2.88 miles

  • JFK Cell Phone Waiting Lot

    3.41 miles

  • Hotel Bliss

    0.33 miles

  • Riviera Motor Inn

    1.00 miles

  • Latisha Luxury Place

    1.27 miles

  • Latisha House

    1.28 miles

  • Hotel Omega

    1.47 miles

  • Travelodge

    1.52 miles

  • Hotel Sunrise

    1.55 miles

  • Imperial Hotel

    1.59 miles

  • CrossBay Motor Inn

    1.59 miles

  • East New York Inn

    1.72 miles

  • Key Food

    0.39 miles

  • ShopRite

    0.87 miles

  • Linden Center

    0.88 miles

  • ALDI

    0.93 miles

  • TJ Maxx

    1.00 miles

  • Burlington

    1.01 miles

  • Target

    1.01 miles

  • Raymour & Flanigan

    1.02 miles

  • Fair Fare

    1.05 miles

  • JCPenney

    1.07 miles

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