$4.2 Million Hudson Tea Sale Sets Hoboken Condo Record

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1500 Washington St, Unit 12IJ inside the Hudson Tea. Image courtesy of Douglas Elliman Real Estate.

A loft situated on the top floor of a converted tea factory has officially changed hands and can now stake a claim as the most expensive condominium ever sold in Hoboken.


The sale of 1500 Washington St, Unit 12IJ inside the Hudson Tea Building was finalized earlier this month at a price of $4.2 million. The penthouse space, situated on the property’s corner and offering unobstructed panoramic views of the Hudson River from nearly every room, was initially listed for $4.45 million before finding a buyer.

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Image courtesy of Douglas Elliman Real Estate.

The transaction makes the property the priciest condo ever sold in the area by more than $300,000, according to a release from Douglas Elliman Real Estate. Elliman agent Richard (Tom) Crooks represented the buyer. The sum ranks just behind Jersey City’s record condominium sale price, which was set last year by a $4.44 million penthouse in the 99 Hudson development.

The Hudson Tea Building unit was previously listed for sale in 2018, closing for just under $3.9 million the following year. A full restoration designed by KMG Interiors was then undertaken by the property owners.

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Image courtesy of Douglas Elliman Real Estate.

The most expensive condo in Hoboken is a combination of two apartments spanning over 2,820 square feet. Sporting three bedrooms and three bathrooms, the space boasts 14’ ceilings, oversized 10’ windows, and comes equipped with an Elan smart home system that features integrated speakers and WAC track lighting throughout the home.

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Image courtesy of Douglas Elliman Real Estate.

A custom kitchen showcases Miele and Bosch appliances plus a wine beverage refrigerator. A large island with waterfall Ceasarstone is complimented with extensive Carrera countertops that sweep around the kitchen to a prep area that overlooks the New York City skyline.

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Image courtesy of Douglas Elliman Real Estate.

The Hudson Tea Building offers residents amenities that include 24-hour concierge service, a 2,700 square foot fitness center, a children’s playroom, a resident’s lounge, on-site dry cleaner, and a free shuttle to Hoboken Terminal. The listing broker on the record-setting sale was Peter Cossio of Brown Harris Stevens.

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