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Red Hook

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Red Hook at a Glance

Once a heavily industrial neighborhood, Red Hook retains its small town feel, with people who have lived in the community for years. The industrial waterfront area is now home to makers and small-scale manufacturing, as well as a cultural center known as Pioneer Works. Notable retail popping up in recent years include Ikea, Tesla, and a number of restaurants including Steve’s Authentic Key Lime Pies, Hometown Bar-B-Que, Red Hook Lobster Pound, Red Hook Winery, and Six Point Brewery.

Average Condo Sellouts in Red Hook are $1,257,000

Average Industrial PPSF in 2021 was $192

Residential Market: 2020

Avg Residential Rent

$2,500

Avg Price for Condo Sellouts

$1,257,000

Average Home Value

$889,565

Average rent

$914

Investment Sales: 2021

Total Dollar Volume of Investment Sales

$200,970,000

Avg Industrial PPSF

$192

Avg Mixed-Use Sale PPSF

$378

Avg Development Site Sale PPBSF

$307

Additional Demographics: 2020

Avg Household Income

$25,000

Total Population

11,173

Transportation

Subways

f
g

Buses

B57, B61

Other Transportation

New York Water Taxi, Ikea Shuttle

Neighborhood Vibes

Red Hook is a foodie heaven filled with boutique restaurant and eateries. Good weather is bound to draw crowds looking for an outdoor dining spot, but the waterfront views and industrial ambience are worth the wait.

Valentino Pier

This pier boasts unparalleled views of New York Harbor and the Statue of Liberty.

Red Hook Lobster Pound

This newly-renovated seafood restaurant gets its lobster delivered live straight from Maine and is one of the most popular places in Red Hook.

Neighborhood Attractions

Pioneer Works
Brooklyn Icehouse
Baked
Hometown Bar-B-Que
Botanica
Steve’s Authentic Key Lime Pies

Dan Marks

CEO
All
All Asset Types
Industrial/Office

Mike Hernandez

EVP Business Development & Partner
All
Marketing

Red Hook Transactions

Sold
Development
Sold

92 King Street

Red Hook

Development Red Hook
Sold
Industrial
Sold

238 Conover Street

Red Hook

Industrial Red Hook
Sold
Industrial
Sold

202 Van Dyke Street

Red Hook

Industrial Red Hook
Leased
Retail
Leased

238 Van Brunt Street

Red Hook

Red Hook retail
Sold
Development
Sold

348 Van Brunt Street

Red Hook

Development
Sold
Industrial
Sold

12-18 Commerce Street

Red Hook

$1,850,000

11120 SF Red Hook Sold
See All Listings >

Related Neighborhoods

Columbia Street Waterfront District
Gowanus

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

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Brooklyn, NY 11238
718.768.6888
info@terracrg.com

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