Unparalleled Location

Minutes from Manhattan in NYC’s most populated borough, The Hook’s one of a kind waterfront location is the ideal spot for local shopping, eating and entertainment. Brooklyn’s population alone has 2.5 million residents, which would make it the 4th largest city in the U.S. Not to mention the residents in the surrounding area have a median age of 34.2 with an average household income of $79k.

High Performance Retail

Red Hook is home to both a Fairway Supermarket and a popular Ikea Furniture store that boasts huge sales. In addition to its retail opportunities, Red Hook is quickly becoming a thriving community of art studios, parks, boutiques, restaurants, museums and nightlife. With an easy commute, Red Hook has become a fantastic entertainment destination for residents and tourists.

Dynamic Layout for Dramatic Retail

Thor Equities plans for the development include 400,000 sf of retail on three floors, 452 ft frontage on Beard Street, 40 ft waterfront esplanade, common circulation and 1,200 parking spaces. The Hook is also approved for M3-1 Zoning. This is a fantastic opportunity for big box and smaller retailers alike.

Destination Spot for Shoppers and Tourists

As the direct neighbor to NYC’s Ikea furniture store, The Hook is promised to be crowded with shoppers. And with easy access to the water taxis and subway lines, tourists are eager to make Red Hook a definite stop on their travel plans.

Public Transportation Hub

Close access to the BQE make a commute to Red Hook incredibly easy for people with a vehicle. Free Water Taxis from Pier 11, Wall Street, the South Street Seaport and Battery Park all make stops right at The Hook. In addition, the A, C, F and G trains, the 77 and 61 bus lines, and the free Ikea Shuttle all make stops within walking distance to The Hook.

65% of workers are white collar, with over 40% in professional or management categories within 5 and 10 miles

Homeownership Rates and Median Home Values are High

• 24 percent owner-occupied within 5 miles, 31 percent within 10 miles
• $470,283 median home value within 5 miles, $451,372 within 10 miles