516 Fountain Ave, Brooklyn, NY 11208
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$ 748,000
Est. payment | /mo

4,000 Sqft Lot


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$ 748,000
Est. payment | /mo
Save

4,000 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11855460

Year Built 1901

Lot Size 4,000 Sqft

Property 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. 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.

Location

State NY

County 36047

Rooms

Dining Room 0

Kitchen 0

Exterior

Parking Features Detached

Garage Spaces 4.0

Building

Structure Type Masonry - Brick

Nearby Locations

Bonny Durbin

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516 Fountain Ave