On average, listings lease in the $50's per square foot per year. The Red Hook region is going through a a rise in rates. In the last 3 months, the median rate increased $28 per sqft per year. That's a 116% increase in rent.
Compared to the rest of the New York City market, the Red Hook region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1925 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Red Hook folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.