Brooklyn
Commercial space in Red Hook
Red Hook is a waterfront industrial district of warehouses, last-mile distribution and maritime uses around the Erie Basin and the Red Hook Container Terminal, plus older industrial buildings on Court, Smith and Lorraine Streets south of Hamilton Avenue. There is no subway stop, so tenants lean on truck access, the F and G at Smith-9 Sts and the NYC Ferry at Atlantic Basin.
- Commercial properties
- 514
- Industrial stock
- 4.1M SF
- Median year built
- 1931
- Known for
- Industrial, Flex / Creative
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC tax lot records
The building stock in Red Hook
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 514
- Office space
- 491K SF
- Retail space
- 812K SF
- Built before 1940
- 66%
Largest industrial and storage buildings
All 25 large commercial buildings in Red HookAge, height and zoning
- Median year built: 1931.
- Median height: 2 floors.
- Most common zoning districts: M1-1 (214), R5 (129), M2-1 (60). 66% of these lots are zoned for manufacturing.
- 2 lots are designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.6 mi of Red Hook's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
MTA station data
Subway stations in Red Hook
Every station within about 0.6 mi of Red Hook's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 1
- Subway lines
- 2
- Fully accessible
- 0 of 1
- Closest
- Smith-9 Sts, 9 min walk
The station
- Smith-9 Sts
Lines
The F and G trains stop within about 0.6 mi of Red Hook's core.
Step-free access
- None of these stations is fully accessible. The closest accessible station is 7 Av (F G), about 1.3 miles from the core.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Red Hook's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
NYC property records (ACRIS)
Recent building sales in Red Hook
8 sales of the large commercial buildings Leasemark tracks in Red Hook have been recorded since 2016, $414.3 million in all. The newest 6 are below.
Newest sales
Since 2016
- Largest: 280 Richards Street, $156.3 million in December 2024.
- Median price: about $400 a square foot of floor area, across 6 one-building sales.
- Newest deed on record: August 2026. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.
NYC Department of Finance
Commercial property taxes in Red Hook
Of the 25 large commercial buildings Leasemark tracks in Red Hook, 24 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $5.86 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 24 taxed buildings
- The middle half pay between $4.90 and $7.58 a square foot of floor area a year.
- Brooklyn median: $6.14 a square foot, across 450 large buildings Leasemark tracks.
- Median market value on the roll: about $136 a square foot. That is the city's valuation for tax, not a sale price.
- 1 building is fully exempt: 210 Van Brunt Street. Exemptions like these are common for government, nonprofit and PILOT properties.
50th highest of 73 NYC neighborhoods by tax per SFHow taxes show up in a lease
Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-16. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (35,000 SF and up in Brooklyn).
NYC Department of Buildings permits
Interior build-outs in Red Hook
In the 12 months to October 2026, the Department of Buildings issued first permits for 7 interior build-outs in 4 of the 25 large commercial buildings Leasemark tracks in Red Hook, with work permitted on 6 floors in all.
Most build-outs, last 12 months
- 16% of the buildings tracked here had a build-out, against 21% across Brooklyn.
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (35,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about Red Hook
How much commercial space is there in Red Hook?
New York City's PLUTO tax lot data (26v2) records about 7.1 million square feet of commercial floor area across 514 properties in the part of Red Hook Leasemark covers, including about 491,000 square feet of office and about 812,000 square feet of retail. The largest industrial and storage building by that measure is 640 Columbia Street, at about 478,000 square feet. That is the existing building stock, not space currently available.
What subway lines serve Red Hook?
One subway station sits within about 0.6 mi of Red Hook's commercial core: Smith-9 Sts, served by the F and G trains, roughly 9 minutes on foot. Walking times are straight-line estimates from MTA station data.
Which subway stations in Red Hook are accessible?
The one station within about 0.6 mi of Red Hook's commercial core is not fully accessible, per the MTA. The closest accessible station is 7 Av (F G), about 1.3 miles from the core in a straight line.
When did a large commercial building in Red Hook last sell?
The newest sale on record is 659 Court Street, which sold in August 2026 for $26.3 million to TERRENO COURT STREET LLC, per the deed recorded with the city. 8 sales, $414.3 million in all, have been recorded of the large commercial buildings Leasemark tracks in Red Hook since 2016.
How much are commercial property taxes in Red Hook?
On the Department of Finance's 2026/27 assessment roll, the 24 large commercial buildings Leasemark tracks in Red Hook that pay property tax come to a median of about $5.86 per square foot of floor area a year, with the middle half between $4.90 and $7.58. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 640 Columbia Street, about $3.56 million a year. 1 more building is fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.
How much build-out work is happening in Red Hook?
In the 12 months to October 2026, the Department of Buildings issued first permits for 7 interior build-outs in 4 of the 25 large commercial buildings Leasemark tracks in Red Hook, with work permitted on 6 floors in all. The most were at 185 Van Dyke Street (2 build-outs). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.
Do tenants in Red Hook pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Brooklyn, so a commercial lease in Red Hook does not pay it at any rent.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.
Getting there
- F G at Smith-9 Sts
- NYC Ferry at Red Hook/Atlantic Basin