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Retail Spaces for Rent at 1508 Herkimer Street

Rent Medical Space at 1508 Herkimer Street

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 1508 Herkimer Street. This trend is projected to continue. Opportunities for subleases remain available at 1508 Herkimer Street and in the nearby North Brooklyn neighborhood.
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1508 Herkimer Street Property Overview

Building Address: 1508 Herkimer Street, Brooklyn NY 11233
Building Name: Approved New Construction
Zip Code:11233
Neighborhood:North Brooklyn
Borough:Manhattan
Stories:7
Year Built:
Building Class:B

1508 Herkimer Street, located in the Ocean Hill neighborhood of Brooklyn, NY, is a historic industrial property built in 1921. The building originally served as a warehouse and has a single story with a total area of approximately 9,083 square feet. It was later planned to be replaced by a seven-story mixed-use development, featuring both residential and commercial spaces. The proposed new building would include 4,997 square feet of residential space and 71,475 square feet of commercial space.

The property has undergone several alterations and renovations over the years, with permits filed for various modifications. In recent years, there have been plans for significant redevelopment, including a full demolition permit filed in early 2025.

The property's tax assessor's market value is approximately $1,875,000, with an assessed value of $843,750. The annual property tax is around $79,491.

1508 Herkimer Street, Brooklyn, NYC

Neighborhood: Ocean Hill

Zip Code: 11233

Borough: Brooklyn

Block & Lot: 01575-0018

Property Type: Industrial (Warehouse)

Year Built: 1921

Lot Size: 0.47 AC

Rentable Building Area: 20,062 SF

No. of Stories: 1

Clear Ceiling Height: 16’

No. of Drive-In/Grade-Level Doors: 6

Heating: Gas

Property Taxes: Estimated $83,830

Assessed Value: $843,750

Purchase Price (2018): $12,800,000

Recent Developments: Plans for new construction with 85,000 SF of office, medical, or school space.


1508 Herkimer Street, Brooklyn, NYC

Building Amenities:

  • Property Type: Industrial/Warehouse
  • Building Class: C (Warehouse), F5 (Factory - Light Manufacturing)
  • Year Built: 1921
  • No. of Stories: 1
  • Lot Size: 0.47 AC (20,083 sqft)
  • Rentable Building Area: 20,062 SF
  • Clear Ceiling Height: 16 feet
  • No. of Drive-In/Grade-Level Doors: 6
  • Heating: Gas
  • Zoning Code: M1-2

Neighborhood Amenities:

  • Neighborhood: Ocean Hill
  • Closest Police Station: 0.62 miles
  • Closest Fire Station: 0.47 miles

1508 Herkimer Street, Brooklyn, NYC, is a site that was purchased by the Leser Group for $12.8 million in 2018. The plan was to construct a four-story office building, with the offices intended for administrative use by a city agency. The property is located in the Ocean Hill neighborhood and was previously an industrial site built in 1921.


Internet providers available near 1508 Herkimer Street, Brooklyn, NYC, include:

  • Verizon: Offers fiber-optic internet with speeds up to 2.3 Gbps.
  • Optimum: Provides cable internet with speeds up to 8 Gbps.
  • Spectrum: Offers cable internet with speeds up to 1 Gbps.
  • T-Mobile Home Internet: Delivers 5G internet with speeds up to 415 Mbps.
  • Starry Internet: Provides fixed wireless internet with speeds up to 1 Gbps.
  • HughesNet and Starlink: Offer satellite internet options.

1508 Herkimer Street, Brooklyn, NY 11233, is located in the Ocean Hill neighborhood. The property has a high Transit Score of 100 and a Walk Score of 87, indicating excellent accessibility by public transportation and on foot.

Nearest Subway Stations: - Atlantic Avenue (L Line): Approximately 1 minute drive, 3 minutes walk. - Broadway Junction (A, C, J, L, Z Lines): Approximately 1 minute drive, 4 minutes walk. - Alabama Avenue (J Line): Approximately 1 minute drive, 5 minutes walk.

Nearest Bus Stops: - Fulton St/Van Sinderen Av (B25 Line): Approximately 0.064 miles away.

Nearest Train Stations: - East New York Station (Long Island Rail Road): Approximately 1 minute drive, 2 minutes walk. - Nostrand Avenue Station (Long Island Rail Road): Approximately 8 minutes drive, 2.7 miles away.

Cross Streets: - Herkimer Street intersects with Thomas S Boyland Street and Fulton Street nearby.


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  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
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  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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