516 Fountain Avenue – Prime Development Opportunity
Excellent opportunity for developers, investors, or end users. The property sits on a 40' x 100' lot with R5 zoning and the added benefit of an existing curb cut/private driveway providing access to rear parking and a garage.
The property is currently improved with a one-family home with a basement, along with a detached garage at the rear of the lot.
With its generous lot dimensions, R5 zoning, existing driveway access, and low annual property taxes of under $5,000, 516 Fountain Avenue presents an attractive opportunity for redevelopment or long-term investment.
Lot: 40' x 100'
Zoning: R5
Current Use: One-Family Home with Basement
Parking: Private Driveway / Curb Cut + Rear Garage
Property Taxes: Under $5,000 Annually
Active
$695,000
516 Fountain Ave, Brooklyn, NY 11208
4beds
1,360sqft
Mixed Use
Built in 1901
-- sqft lot
$712,900 Zestimate®
$511/sqft
$-- HOA
What's special
Private driveway
- 7 days
- 438
- 20
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Shaar Advisors LLC 917-419-2461,
Zachi Koren
Source: StreetEasy,MLS#: S1850625
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 1,360
- Total interior livable area: 1,360 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 044810021
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: East New York
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $734,000
- Annual tax amount: $4,990
- Date on market: 9/29/2026
Estimated market value
$712,900
$677,000 - $749,000
$3,845/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $695,000-0.4%$511/sqft |
Source: StreetEasy #S1850625 Report a problem | ||
| 9/25/2026 | Listing removed | $698,000$513/sqft |
Source: StreetEasy #S1835724 Report a problem | ||
| 9/18/2026 | Price change | $698,000-6.9%$513/sqft |
Source: StreetEasy #S1835724 Report a problem | ||
| 7/10/2026 | Listed for sale | $750,000+7.9%$551/sqft |
Source: StreetEasy #S1835724 Report a problem | ||
| 7/18/2025 | Sold | $695,000+120.6%$511/sqft |
Source: Public Record Report a problem | ||
| 1/20/2015 | Listing removed | $315,000$232/sqft |
Source: Listhub #2681170 Report a problem | ||
| 12/3/2014 | Listed for sale | $315,000$232/sqft |
Source: Listhub #2681170 Report a problem | ||
| 10/21/2014 | Listing removed | $315,000$232/sqft |
Source: Listhub #2681170 Report a problem | ||
| 6/11/2014 | Listed for sale | $315,000$232/sqft |
Source: Listhub #2681170 Report a problem | ||
| 12/13/2013 | Listing removed | $315,000$232/sqft |
Source: Listhub #2585682 Report a problem | ||
| 5/31/2013 | Listed for sale | $315,000-10%$232/sqft |
Source: Listhub #2585682 Report a problem | ||
| 7/3/2006 | Sold | $350,000$257/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,990 -0.4% | $44,040 +26.6% |
| 2024 | $5,008 | $34,800 -14.6% |
| 2023 | -- | $40,740 +27.4% |
| 2022 | -- | $31,980 +3.1% |
| 2021 | -- | $31,020 -15.4% |
| 2020 | $4,436 +0.9% | $36,660 -5% |
| 2019 | $4,399 +7.2% | $38,580 +96.7% |
| 2018 | $4,103 +8.7% | $19,615 +6% |
| 2017 | $3,773 +10.5% | $18,511 +6% |
| 2016 | $3,415 | $17,464 |
| 2015 | $3,415 +62.1% | $17,464 +0.8% |
| 2014 | $2,106 | $17,317 +5.9% |
| 2013 | -- | $16,346 +6% |
| 2012 | -- | $15,426 +6% |
| 2011 | -- | $14,554 |
| 2010 | -- | $14,554 +0.9% |
| 2009 | -- | $14,431 +5.9% |
| 2008 | -- | $13,622 +6% |
| 2007 | -- | $12,855 +6% |
| 2006 | -- | $12,129 |
| 2005 | -- | $12,129 +0.9% |
| 2004 | -- | $12,026 +5.9% |
| 2003 | -- | $11,352 +6% |
| 2002 | -- | $10,713 +6% |
| 2001 | -- | $10,108 |
| 2000 | -- | $10,108 |
Find assessor info on the county website




