NGC 514 is an intermediate spiral galaxy, located about 95.9 million light-years away from Earth in the constellation of Pisces (the Fishes), while it is receding from us at approximately 2,472 kilometers per second. It was discovered on October 16, 1784 by the German-British astronomer William Herschel.

This almost face-on galaxy has loosely wound spiral arms and a very bright center. It has a so called H II nucleus, meaning that NGC 514 has intense current bursts of star formation in its center.