516 Fountain Avenue

$750,000

for sale

- ft²

1 room

Studio

1 bath

Mixed-use building
East New York
Resale

Listing by Y H Real Estate, Real Estate Principal Office, 4309 13th Avenue, Brooklyn, NY 11219-1337

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Common charges

Not applicable

Estimated payment

$3,792/mo

Taxes

No info

Tax abatement

No info

About

Seller’s agent

yakov Hershkowitz

Licensed Real Estate Broker

Y H Real Estate

Description

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.

Policies

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Home features

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Building amenities

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About the building

516 Fountain Avenue

516 Fountain Avenue, Brooklyn, NY 11208

Mixed-use building in East New York

1 unit

2 stories

1901 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 516 Fountain Avenue

Property history

Price change: No changes
Days on market: 53 days

Date	Price	Event
6/26/2026	$750,000	Listed by Y H Real Estate
7/2/2026	$650,000	No longer available
6/30/2026	$650,000	Price decreased by 7%
6/22/2026	$700,000	Listed by Corcoran
7/2/2025	$695,000