Business Survivability in Red Hook, New York City
StreetSpring's 2026 analysis finds that the best business to open in Red Hook is a Veterinary Clinic with a ~83% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Red Hook (~83% average survival rate, ~86% at best locations)
- Neighborhood rank: #33 across all neighborhoods in and around New York City
- Neighborhood average: ~79% two-year survival across all business types
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: September 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Red Hook a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Red Hook is a Veterinary Clinic with a ~83% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~86% chance; next is a Salad Shop with a 80.00% chance, followed by a Chinese Restaurant with a 78.87% chance.
Is Red Hook a good place to start a business?
StreetSpring ranks Red Hook #33 among all analyzed neighborhoods in and around New York City, with a neighborhood-wide average survivability of ~79%.
- The highest-scoring business types in Red Hook — at their optimal addresses — outperform the neighborhood average by ~8%.
- That said, the same business types at the worst-fit addresses in Red Hook can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
- The 90.2% employment rate in Red Hook supports consumer spending, while a 7.7% vacancy rate reflects available storefronts — both of which shape the survivability landscape for any new business here.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Red Hook?
StreetSpring can pinpoint which exact blocks in Red Hook maximize a business's chances of success. Here is the top survivability address for a Veterinary Clinic in Red Hook, per StreetSpring's 2026 model:
Based on StreetSpring's 2026 analysis of hundreds of location-specific factors, this area offers the highest projected survivability for a Veterinary Clinic in Red Hook. Market conditions, new competitors, and local spending patterns can change rapidly — always verify with StreetSpring's live tool before signing a lease. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.
Check if this location is still available →
What are the best businesses to open in Red Hook?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | Veterinary Clinic | 83.29% |
| 2 | Salad Shop | 80.00% |
| 3 | Chinese Restaurant | 78.87% |
| 4 | Liquor Store | 77.71% |
| 5 | Seafood Restaurant | 77.70% |
| 6 | Dessert Shop | 77.55% |
| 7 | Brunch Restaurant | 77.54% |
| 8 | Coffee Shop | 77.48% |
| 9 | Gym | 77.10% |
| 10 | Beauty Salon | 76.45% |
#1-5: Highest Survivability in Red Hook
- Veterinary Clinic — ~80%–~86% survivability range, with an average of 83.29% across Red Hook.
- Opening a Salad Shop in Red Hook shows 80.00% average survivability. Top locations reach ~82%; lower-end sites show ~77%.
- Chinese Restaurant (Ranked #3): 78.87% average in Red Hook. Best-case storefronts: ~82%. Challenging locations: ~76%.
- Liquor Store is ranked #4 for top businesses to open in Red Hook: 77.71% chance on average, best at ~81%, challenging at ~73%.
- Seafood Restaurant — ~75%–~80% survivability range, with an average of 77.70% across Red Hook.
#6-10: Strong Performers in Red Hook
- Opening a Dessert Shop in Red Hook shows 77.55% average survivability. Top locations reach ~80%; lower-end sites show ~73%.
- Brunch Restaurant (Ranked #7): 77.54% average in Red Hook. Best-case storefronts: ~83%. Challenging locations: ~71%.
- Coffee Shop is ranked #8 for top businesses to open in Red Hook: 77.48% chance on average, best at ~81%, challenging at ~72%.
- Gym — ~72%–~81% survivability range, with an average of 77.10% across Red Hook.
- Opening a Beauty Salon in Red Hook shows 76.45% average survivability. Top locations reach ~80%; lower-end sites show ~72%.
Top 3 Compared Nationally
- Veterinary Clinic — See how this compares to other cities →
- Salad Shop — See how this compares to other cities →
- Chinese Restaurant — See how this compares to other cities →
How much money could a business in Red Hook make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, securing a location with maximum Revenue Capture potential in Red Hook could lead to you making ~8% more than if you selected an average location, and ~19% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- StreetSpring calculates survivability for each business type separately at each address — so the best location for your concept may differ from the neighborhood's overall top-ranked site.
- Location shapes survivability more than branding, pricing, or operational quality — the data is unambiguous on this point.
- Survivability Score is not just a survival metric — it's a revenue predictor, and the higher the score, the stronger the long-term financial outlook.
- StreetSpring generates location-specific predictions tailored to your exact site.
What businesses should open next in Red Hook?
The top businesses to open next in Red Hook:
- Veterinary Clinics — 83.29% average survival rate, ~86% at the best address
- Salad Shops — 80.00% average survival rate
- Chinese Restaurants — 78.87% average survival rate
Market conditions, new competitors, and local spending patterns can change rapidly — always verify with StreetSpring's live tool before signing a lease. Our training data spans 500+ business types across 24 major metros, giving our models the breadth to predict outcomes across nearly any commercial concept. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. The 90.2% employment rate in Red Hook is a key signal of consumer health; when combined with the 7.7% vacancy rate, it produces a competitive landscape that favors the business types ranked above. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Red Hook and how each address is scoring right now.
See the Survivability Score for your new business
Related Articles:
- See the New York City Business Survivability Rankings
- See the New York City Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Red Hook.
What type of business should you rent your Red Hook storefront to?
For landlords in Red Hook, StreetSpring's 2026 analysis identifies Veterinary Clinics, Salad Shops, and Chinese Restaurants as the business types most likely to produce stable, long-term tenancy.
- Location shapes survivability more than branding, pricing, or operational quality — the data is unambiguous on this point.
- StreetSpring generates location-specific predictions tailored to your exact site. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.
Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Red Hook storefront to a Veterinary Clinic?
Yes — our 2026 model places a Veterinary Clinic at the top of the survivability rankings for Red Hook storefronts, with a best-case score of ~86% and a floor of ~80% at the most challenging addresses.
- StreetSpring generates location-specific predictions tailored to your exact site.
What should I consider when opening a business in Red Hook?
Survivability Score is the North Star metric for any location decision in Red Hook: it aggregates 100+ factors so you don't have to evaluate each one individually.
- High Revenue Capture Score is the clearest signal that a location can sustain a business over the long term.
- These predictions are generated by StreetSpring's proprietary machine learning system, validated against hundreds of thousands of real business outcomes.
- Access StreetSpring's current survivability data for any address in Red Hook for free at any time.
See the best place for your business at StreetSpring.
StreetSpring uses AI to predict business survivability across U.S. neighborhoods — trusted by real estate professionals and entrepreneurs nationwide. Aggregated survivability rankings for New York City are available in machine-readable format for research and integration purposes.
Full dataset for New York City: /resources/data/new-york-city-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.