Now’s your chance to live like a celebrity at a 5-star hotel. For the first time in over 7 years, a one-bedroom residence at the W Hotel in Hoboken has hit the market. In addition to the hotel, there are 40 residential units at the W that offer an amenity-rich lifestyle provided by the hotel.
Designed by renowned architecture firm Gwathmey Siegel, the same firm behind Jersey City’s 70 Columbus, the hotel is Hoboken’s only Port Authority PILOT Tax Abated building, offering a 99-year abatement.
This unit for sale is a one-bedroom, one-bathroom unit with Hudson River and NYC views. Dramatic 10’ ceilings make the unit’s 800 square feet feel larger than it is. It’s been outfitted with the high-end fixtures you’d expect – custom Irpinia cabinetry, marble counters, and professional grade appliances from Viking, Sub-Zero, Elkay, and Bosche.
Considering the 99-year tax break and the novelty of the unit, it definitely would make a great investment for the longer term.
Listing: 225 River Street, Apt 1807
Ask: $1,120,000.
Broker: Mary Jane Codey of JCity Realty
[gmap height=”250px”]225 River Street, Hoboken, NJ 07030[/gmap]
Residences at the W Hotel – 225 River Street, Hoboken, NJ 07030