Is Red Hook expensive?

Red Hook offers relative value compared to nearby Cobble Hill or Carroll Gardens, in part because its isolation and lack of a subway keep prices somewhat lower than its brownstone neighbors. Its housing mix of rowhouses, converted industrial buildings, and low-rise homes spans a range of prices, with waterfront and view properties commanding more. Interest has grown as buyers discover its charm and waterfront, pushing values up over time, but Red Hook still tends to offer character and space at a relative discount for well-located Brooklyn.