516 FOUNTAIN AVENUE
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.
Price history
Every list / cut / contract / sold event we've recorded.
- price decreaseJun 30, 2026$650K-7.1%Price decreased 7%
- listedJun 22, 2026$700KListed by Corcoran
In-building transactions
Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.
Open violations + recent permits
DOB / HPD signals for this BBL.
- CSECTION 27-2005 ADMIN. CODE: REMOVE THE ILLEGAL FASTENING DOUBLE CYLINDER KEY OPERATED LOCK AT ENTRANCE DOOR TO APT LOCATED AT APT 2, 1st STORYAug 30, 2007 · apt 2
- BSECTION 27-2005 ADMIN. CODE: REPLACE WITH NEW THE MISSING CEILING LIGHT FIXTURE IN THE BATHROOM LOCATED AT APT 2, 2nd STORYAug 30, 2007 · apt 2
- BSECTION 27-2073 ADM CODE - DISCONTINUE UNLAWFUL COOKING SPACE OR FILE PLANS AND APPLICATION WITH THIS DEPARTMENT TO LEGALIZE SAME, IF LAWFULLY FEASIBLE GAS RANGE AT BASEMENTAug 30, 2007
- BSECTION 27-2087 ADM CODE - DISCONTINUE USE OF ROOMS FOR LIVING, DISCONNECT PLUMBING FIXTURES WHERE ILLEGAL AND PROPERLY SEAL PIPE CONNECTIONS SHOWER STALL, SINK, & WATER CLOSET AT BASEMENTAug 30, 2007
- CSECTION 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORYAug 30, 2007 · apt 2
- BSECTION 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF VERMIN MICE IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORYAug 30, 2007 · apt 2
- BSECTION 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF VERMIN ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORYAug 30, 2007 · apt 2
- BSECTION 27-2005 ADMIN. CODE: REPLACE WITH NEW THE MISSING OUTLET COVER AT WEST WALL IN THE 3rd ROOM FROM EAST LOCATED AT APT 2, 2nd STORYAug 30, 2007 · apt 2
- BSECTION 27-2005 ADMIN. CODE: REPLACE WITH NEW THE MISSING LIGHT SWITCH COVER AT EAST WALL IN THE BATHROOM LOCATED AT APT 2, 2nd STORYAug 30, 2007 · apt 2
- CSECTION 27-2073 ADM CODE - PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES AT GAS RANGE IN THE KITCHEN LOCATED AT APT 2, 2nd STORYAug 28, 2007 · apt 2
- CSECTION 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORYAug 28, 2007 · apt 2
- BSECTION 27-2024 ADMIN. CODE: PROVIDE ADEQUATE SUPPLY OF COLD WATER FOR THE FIXTURES AT SINK IN THE KITCHEN LOCATED AT APT 2, 2nd STORYAug 28, 2007 · apt 2