Business Survivability in Red Hook, New York City
StreetSpring's 2026 analysis finds that the best business to open in Red Hook is a Convenience Store with a 76.0% 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 Convenience Store in Red Hook (76.0% Typical, 87.2% Best)
- Neighborhood rank: #41 of 180 neighborhoods in and around New York City
- Neighborhood average: 66.3% two-year survival across the business types ranked here
- 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: November 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 Convenience Store with a 76.0% chance of surviving at least 2 years across the neighborhood on average, and 87.2% Best; next is a Clothing Store with 85.6% Best, followed by an Eye Care Center with 84.0% Best.
Is Red Hook a good place to start a business?
In New York City's survivability rankings, Red Hook comes in at #41 of 180 neighborhoods, with an average Survivability Score of 66.3% across the business types ranked there.
- For the top-ranked business type, 87.2% Best is 11.2 points above 76.0% Typical in Red Hook.
- However, those same business types at the weakest addresses in Red Hook can score considerably below average. Even the most in-demand concept in Red Hook will struggle if it opens at the wrong address.
- At 90.2% employed, Red Hook's consumer base has the spending capacity that makes the neighborhood viable for a wide range of business types, though location selection within the neighborhood still determines actual survivability.
Employment and housing 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 narrows the decision down to the exact address, showing which blocks in Red Hook produce the highest survivability scores for your concept. Here is the top survivability address for a Convenience Store in Red Hook, per StreetSpring's 2026 model:
This map shows the optimal location for a Convenience Store in Red Hook based on StreetSpring's 2026 survivability analysis. Neighborhood-level averages are a starting point: the exact address will determine your actual survivability score. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Red Hook?
| Rank | Business type | Best | Typical | Worst |
|---|---|---|---|---|
| 1 | Convenience Store | 87.2% | 76.0% | 68.5% |
| 2 | Clothing Store | 85.6% | 74.9% | 67.2% |
| 3 | Eye Care Center | 84.0% | 76.0% | 68.0% |
| 4 | Chiropractor Office | 82.6% | 76.2% | 69.9% |
| 5 | Bar | 80.3% | 71.0% | 62.8% |
| 6 | Cafe | 79.9% | 70.3% | 61.5% |
| 7 | Veterinary Clinic | 79.6% | 73.6% | 67.7% |
| 9 | Dentist Office | 79.0% | 71.6% | 64.2% |
| 15 | Physical Therapy Clinic | 78.3% | 71.2% | 64.0% |
| 25 | Dance Club | 76.3% | 68.1% | 59.9% |
Best and Worst are the average results for the better and the worse of two addresses picked at random in the place: a weighted average of every scored location in which the best locations count the most for Best and the weakest count the most for Worst. Typical is the average address. Best is shown for a smaller space (half the standard size) and Worst for a larger one (half again as large), at the metro's median asking rent, using the same rent rule as our tool; Typical is at the market rent.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Red Hook
- #1 Opening a Convenience Store in Red Hook shows 76.0% Typical survivability, 87.2% Best and 68.5% Worst.
- #2 Clothing Store (Ranked #2): 74.9% Typical in Red Hook. Best: 85.6%. Worst: 67.2%.
- #3 Eye Care Center is ranked #3 for top businesses to open in Red Hook: 76.0% Typical, 84.0% Best, 68.0% Worst.
- #4 Chiropractor Office: 76.2% Typical across Red Hook; Best 82.6%, Worst 69.9%.
- #5 Opening a Bar in Red Hook shows 71.0% Typical survivability, 80.3% Best and 62.8% Worst.
Strong Performers in Red Hook
- #6 Cafe (Ranked #6): 70.3% Typical in Red Hook. Best: 79.9%. Worst: 61.5%.
- #7 Veterinary Clinic is ranked #7 for top businesses to open in Red Hook: 73.6% Typical, 79.6% Best, 67.7% Worst.
- #9 Dentist Office: 71.6% Typical across Red Hook; Best 79.0%, Worst 64.2%.
- #15 Opening a Physical Therapy Clinic in Red Hook shows 71.2% Typical survivability, 78.3% Best and 64.0% Worst.
- #25 Dance Club (Ranked #25): 68.1% Typical in Red Hook. Best: 76.3%. Worst: 59.9%.
Top 3 Compared Nationally
- Convenience Store: See how this compares to other cities →
- Clothing Store: See how this compares to other cities →
- Eye Care Center: 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, selecting a storefront that StreetSpring ranks in the top tier for your business type in Red Hook starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- Site-specific factors can dramatically alter outcomes even within the same neighborhood.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- StreetSpring provides address-specific survivability predictions for 500+ business types.
What businesses should open next in Red Hook?
The top businesses to open next in Red Hook:
- Convenience Stores: 76.0% Typical, 87.2% Best
- Clothing Stores: 74.9% Typical, 85.6% Best
- Eye Care Centers: 76.0% Typical, 84.0% Best
Neighborhood-level averages are a starting point: the exact address will determine your actual survivability score. StreetSpring has analyzed hundreds of thousands of business outcomes across major U.S. metros. 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 survivability rankings for Red Hook draw on real Census conditions, including 90.2% employment and 7.7% housing vacancy, alongside competition and consumer spending. Survivability scores are recalculated regularly as new competitors open and spending patterns shift: visit StreetSpring to see the current score for any open location in Red Hook 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 Convenience Store 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?
Our 2026 survivability data for Red Hook shows that Convenience Stores, Clothing Stores, and Eye Care Centers rank as the top tenant categories for minimizing vacancy risk.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- StreetSpring provides address-specific survivability predictions for 500+ business types. Use StreetSpring to see the survivability score for any business type at your exact storefront address before you sign a lease.
Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Red Hook storefront to a Convenience Store?
StreetSpring's data confirms a Convenience Store as the highest-ranked tenant type for Red Hook, at 87.2% Best and 68.5% Worst for the chance of lasting more than 2 years.
- StreetSpring provides address-specific survivability predictions for 500+ business types.
What should I consider when opening a business in Red Hook?
In Red Hook, the first step in your site-selection decision is checking the Survivability Score of the specific address you're evaluating.
- Revenue Capture Score comes first when comparing locations: it turns local competition and consumer spending into the share of revenue a business can expect to win.
- Each forecast is specific to the exact address and business type, generated by StreetSpring's internally developed prediction engine.
- StreetSpring offers a free 10-minute trial of its survivability scores: see how your shortlisted Red Hook addresses rank right now.
See the best place for your business at StreetSpring.
StreetSpring's AI platform has studied businesses serving more than 180 million+ Americans, giving its predictions a scale of validation unmatched in site-selection tools. 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.