The idea of Red Hook Lofts had been floating around for 20 years before the building finally opened its doors to its first residents in 2020. Directly across from the Red Hook ferry terminal, with unobstructed views of the Statue of Liberty and 12- to 16-foot-high ceilings, 160 Imlay Street was a prime candidate for a makeover. Bruce Federman, former director of real estate at Industry City, another successful Brooklyn transformation, bought the property in 2000. Delays from zoning changes, a community lawsuit and the late aughts housing market collapse put the project on hold until around 2014 when new owners began renovations in earnest. Now this former warehouse, over 100 years old, is outfitted with multimillion-dollar homes, including what the developer called “blank canvas” units that buyers can design from scratch. In 2009, Federman was quoted in the New York Times saying he wanted to “let my children see what’s happening [there] 30 years from now.” Thankfully, it didn’t take quite that long to make people’s luxury Brooklyn loft dreams come true.
Room for creative layouts
The lofts certainly deliver on space, starting at the low end with one-bedroom, two-bathroom units just under 1,000 square feet. These share a similar layout with a walk-in closet in the bedroom and an alcove off the kitchen that can fit a home office setup. Two bedrooms start at 1,400 square feet and can go up to 2,800 square feet with one half serving as a big open kitchen and living area, and the other half containing the bedrooms and bathrooms. These also have balconies on both ends that are the full width of the unit, for maximum light and airflow. Three bedrooms range from 2,500 to 3,500 square feet, and like certain two bedrooms, they all have windows or balconies on both the front and back of the building. They all also have at least three and a half bathrooms, and space for things like a walk-in pantry and laundry room. Beyond this, “blank canvas” units can go up to almost 4,200 square feet. The developer offered suggested layouts of three and four bedrooms, but owners were able to delineate those spaces however they pleased.
Neutral yet luxurious backdrops
Light, bright and airy is the common design theme among residences, starting with the oak plank flooring and white marble countertops. Unobstructed windows and ceilings that are at least 12 feet tall let in sun and waterfront views. Paneled Liebherr brand fridges and stainless-steel Miele ovens blend in with the off-white cabinets, and in-unit washer-dryers add convenience. Industrial-chic spaces like these have been around in other Brooklyn neighborhoods since the turn of the century, but in Red Hook, this building is at the forefront of high-end living.
Big spaces worth the multimillion-dollar costs
Compared to the average price per square foot for Brooklyn condos, which was $1,138 in Q1 of 2024 according to a report from Miller Samuel, units in this building can offer a serious value. Many are below $1,000 and some have even been as low as $522 per square foot. Most recently, one bedrooms have sold for between $1.1 million and $1.5 million, and two bedrooms for between $1.9 million and $2.7 million. Three bedrooms have sold for between $1.7 million and $3 million, and the “blank canvas” units have sold for around $2 million, on top of the cost to design and furnish their interiors.
Minimalist, high-end amenities
Certain common areas reflect the property’s industrial exterior, such as the polished concrete lobby, which looks like part of an avant-garde hotel, or the building-wide deck and accompanying rooftop residents’ lounge with 20-foot-tall ceilings. Other spaces, such as the wood-paneled sauna and brightly lit fitness center, add more warmth. There are also two private parking lots — one indoor, one outdoor — with limited spots for purchase.
The place for seafood and post-industrial waterfront fun
Fishing piers and diners specializing in crab, chowder and lobster rolls contribute to Red Hook’s seaside persona. The old-school Italian sandwich shop, barbecue joint and 19th-century bar are dining destinations for New Yorkers, who also visit to shop at the city’s only IKEA. Two local parks have recreation facilities for kids and adults, and during the summer, Red Hook Fest brings neighbors together for cookouts and dance parties.
Friendly to seafarers and car owners
Red Hook lacks subway access, so the closest station to this building is 1 mile east in Gowanus. From there, the G train serves north and south Brooklyn, and the F train goes through midtown Manhattan and into Queens. The most convenient public transit option is the ferry, which is around the corner and reaches Wall Street in 10 minutes. Nearby, the Gowanus Expressway also offers access to Manhattan through the Hugh L. Carey Tunnel.
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Moderate Crime
Crime Score®
5/ 10
Biker's Paradise
Bike Score®
93/ 100
Walker's Paradise
Walk Score®
92/ 100
Good Transit
Transit Score®
68/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Coffey Park
5 min walk
Basketball
Grills
Picnic Area
Mother Cabrini Park
8 min walk
Playground
Louis Valentino, Jr. Park and Pier
10 min walk
Fishing
Trails
Kayak/Canoe
Pier 44 Waterfront Garden
12 min walk
DiMattina Playground
13 min walk
Baseball/Softball
Dog Park
Playground
Admiral Triangle Playground
14 min walk
Playground
Red Hook Recreation Area
2 min drive
Baseball/Softball
Basketball
Grills
Erie Basin Park
3 min drive
Ocean
Parking Lot
St Mary's Playground
3 min drive
Basketball
Skateboard
Playground
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
