Commercial Real Estate Market in Red Hook, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 218 off-market properties in Red Hook, NY.
Market Trends
Red Hook, NY spans 60.3 square miles in Dutchess County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Red Hook, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Red Hook, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Red Hook, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Red Hook, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Red Hook, NY has 10,099 residents in 4,567 households. Density runs 167 people per square mile. Median household income here is $115,176 and median gross rent $1,353 a month.
10,099
Population
4,567
Households
2.2
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
60.3 sq mi
ZIP Area
167
Density / Sq Mi
$115,176
Median Household Income
$52,653
Median Earnings
$1,353
Median Rent
$386,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glasco | — | — |
| Nevis | — | — |
| Mount Marion | — | — |
| Lake Katrine | — | — |
Commercial property in Red Hook, NY asks $472/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Red Hook?
Commercial property in Red Hook, NY asks an average of $472 per square foot. The 6 most recent recorded sales traded at a median of $196/SF, so asking sits 141% above the achieved median.
Where does Realmo's Red Hook market data come from?
Realmo compiles Red Hook, NY figures from 6 recent recorded sales, 24 active sale listings, 218 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 0 active for-lease listings in Red Hook, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
