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Mixed-Use Building with Retail
For Sale
$1,500,000

1288 Herkimer St, Brooklyn, NY 11233

Mixed-use property with two commercial and two residential units, one retail unit currently occupied.

Property Size3,880 SF
Lot Size0.04 Acres
Price / SF$386.60
Days on Market165

Property Features for 1288 Herkimer St

General Information

Standard status Active
Size 3,880 SF
Lot size 0.04 Acres
Property subtype Retail - Street Retail

Additional Details

Multifamily Units 2

Building Details

Building Size 3,880 SF
Year Built 1924
Units 4
Listing Agency: Asset Commercial Realty Group
Listed By: Sadya Liberow
Source: Commercialcafe
Added: Mar 28 Changed: Aug 27 Last Checked: Aug 14 at 8:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Asset Commercial Realty Group

Investment Insights

Based on property information with market context.

1288 Herkimer St is a mixed-use building featuring two commercial units and two residential units. The residential units have been gutted, and the property offers a balanced configuration for continued repositioning, lease-up, or redevelopment planning. One commercial unit is currently occupied and can be delivered with a 5-year lease, while all other units will be delivered vacant.

Located in Ocean Hill within the Bedford-Stuyvesant/Bed-Stuy market area of Brooklyn, the property is near the Rockaway Avenue [C] subway station, providing direct transit access to Manhattan and surrounding Brooklyn neighborhoods. The surrounding area includes national and local retailers such as Dollar Tree, Dunkin’, and Dollar General, supporting regular day-to-day neighborhood activity.

The building contains approximately 3,880 built square feet on a 1,720 square foot lot, and is being offered for sale with both in-place and vacant space available for immediate occupancy planning.

Key Highlights

  • Mixed‑use building (approx. 3,880 SF) on a 1,720 SF lot with 2 commercial units and 2 residential units
  • One commercial unit is currently occupied and can be delivered with a 5‑year lease
  • Three of the four units will be delivered vacant, supporting immediate lease‑up or repositioning

Property Analytics

Current Use

Tio Grocery Grocery & Convenience Store Miranda Deli & Grocery ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,271
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 22% Groceries 22% Beauty & Spa 2%
Popeyes Louisiana Kitchen Dining
19,139 visits/mo 0.5 miles
America's Food Basket Groceries
13,570 visits/mo 0.2 miles
Family Dollar Shops & Services
11,850 visits/mo 0.5 miles
Shell Shops & Services
8,338 visits/mo 0.4 miles
Family Dollar Shops & Services
7,329 visits/mo 0.2 miles

Demographics for 11233, NY

75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with two commercial and two residential units, one retail unit currently occupied.
Where is this mixed-use property located?
The property is located at 1288 Herkimer St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed‑use building (approx. 3,880 SF) on a 1,720 SF lot with 2 commercial units and 2 residential units; One commercial unit is currently occupied and can be delivered with a 5‑year lease; Three of the four units will be delivered vacant, supporting immediate lease‑up or repositioning
More about this property
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