Home Lifestyle Highest Priced Condo in Hoboken Real Estate History Sells for $4.2M

Highest Priced Condo in Hoboken Real Estate History Sells for $4.2M

by Ainsley Layland
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The tight-knit waterfront community of Hoboken is known for a lot of things — the amazing bars and restaurants, it’s the birthplace of baseball, and you’d have to search hard for a more walkable town in Hudson County. But more than all that, it’s known for its million-dollar views of New York City — or rather, its four million dollar views, since the highest priced condo in Hoboken real estate history just sold for $4.2M and it has breathtaking views worth every penny. Keep reading for an inside look at the record-breaking condo and to learn more about the team at Brown Harris Stevens, led by Peter Cossio, that brokered the historic real estate transaction.

hoboken brown harris stevens

This stunning penthouse corner loft at the Hudson Tea Building, located at 1500 Washington Street in Hoboken, is unquestionably one of the premier apartments in all of Hoboken and the NJ Gold Coast. One of the only true loft buildings situated directly on the Hudson River and located in Hoboken’s most sought-after uptown neighborhood, this unit, 12IJ offers awe-inspiring panoramic views of New York City and the Hudson River from almost every room. These one-of-a-kind views stretch from the George Washington Bridge down to the Verrazano Bridge and encompass many of the iconic buildings in New York City.

Located on the top floor, 12IJ was originally two apartments, which the owner combined for a stunning, design-inspired three bedroom, three bathroom loft apartment spanning an impressive 2,820 square feet. With ample space, and views to boot, the 14-foot ceilings and oversized 10-foot windows only amplify what makes this location truly one-of-a-kind.

The Ivy at Chatham

hoboken brown harris stevens

This home has been thoroughly reimagined by the homeowner and KMG Interiors and features custom lighting throughout from European and American designers including Johnathan Browning, Vaughan Designs, Bella Figura, Tom Kirk, Kelly Wearstler, and Vistosi Lighting.

hoboken brown harris stevens

brown harris stevens contact

The Interiors

The light-filled living and dining area is breathtaking, combining dramatic views with a floor-to-ceiling Nero Marquina marble slab and walnut panel feature wall. These together with the custom bookcase provide warmth and balance while enhancing the space.

hoboken brown harris stevens

The SieMatic smoked oak and polished nickel kitchen cabinetry create the perfect backdrop for the gourmet chef who enjoys both cooking and hosting while enjoying inescapable views. This custom kitchen comes complete with Miele and Bosch appliances and wine beverage refrigerator, a large island with waterfall Ceasarstone, and extensive Carrara countertops that sweep around the kitchen to a prep area that overlooks the magnificent view.

hoboken brown harris stevens

hoboken brown harris stevens

brown harris stevens contact

The luxury continues in the master bedroom suite which features Scalamandre and Phillip Jeffries wallpaper, an en-suite master bathroom with dual vanity and a large steam shower with frameless glass, and an oversized walk-in closet fitted with California closets and the best view of New York City you will ever experience while getting dressed. 

hoboken brown harris stevens

hoboken brown harris stevens

The second bedroom is currently used as a den and features custom woodwork and paneling. The vanity in the second full bathroom is carved out of Italian sugar marble slabs and is accented with Newport Brass fixtures and custom built-in storage. 

The third bedroom has an en-suite bath, which is also accessible from the hallway and offers views of both Hoboken and New York City.

hoboken brown harris stevens

hoboken brown harris stevens

brown harris stevens contact

High-End Tech Allows for Safety and Functionality

This loft is the epitome of convenience with two separate entrances that allows for a mudroom, a true suburban luxury that provides utility, function, and is fitted with custom storage and new large capacity LG washer and dryer. 

12IJ is also equipped with the Elan smart home system and has integrated speakers with several zones including the master bedroom, master bath, kitchen and separate surround sound in the living room.

brown harris stevens contact

Luxury Amenities + Surrounding Perks

The Hudson Tea Building was built in 1913 but has been adapted through the years to meet the modern age with luxury amenities to enhance the already convenient location. Residents have access to a 24-hour concierge, a 2,700 square foot fitness center featuring all new equipment, internet-connected Peloton™ bikes, free daily classes, and locker rooms.

hoboken brown harris stevens

hoboken brown harris stevens

Other amenities include a children’s playroom, a resident’s lounge, a free shuttle to and from Hoboken Terminal, an on-site dry cleaner, and the highly regarded Choc-O-Pain bakery and coffee shop on the ground floor.

Directly outside the building is access to the expansive Hudson River Waterfront walkway and the 14th Street NY Waterway Ferry stop with access to midtown, Brookfield Place, and Wall Street.

hoboken brown harris stevens

brown harris stevens contact

The Numbers to Paint a Picture at Brown Harris Stevens

Over the course of twenty years, the team lead at Brown Harris Stevens, Peter Cossio has built an impressive team that yields results. The average number of days on the market for Hoboken real estate over the past 20 years is 53 days, however Peter’s team has an average of 29.5 days. On average, buyers accept offers with an average 0.289% over asking price so BHS clients get a better deal on average, while the rest of Hoboken averages at -2.797% under the asking price. As a team, Hudson Realty Group at Brown Harris Stevens has sold 45 homes worth more than $2M which is not far behind the total of 133 Hoboken homes sold by all other firms. Similarly, Peter’s team has averaged $120M gross sales volume while every other Hoboken real estate firm combined has reached $337M.

Hudson Realty Group is a closely integrated team of accomplished realtors and developers offering superior marketing exposure, highly personalized service, and exceptional knowledge of the real estate markets in Hoboken, Jersey City, and surrounding areas. The team’s expertise encompasses all property types including brownstones, condos, lofts, and new development properties.

brown harris stevens contact

hoboken brown harris stevens

Prospective clients can call Joanne Roe at 201-478-6714 or reach out via email at hrg@bhsusa.com with questions or to schedule an appointment. The Brown Harris Stevens office is located at 635 Valley Road in Montclair.

brown harris stevens contact

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