Mike Kotler Of New And Modern Group Represents Buyer In $4.75M Hoboken Condo Sale
1500 Hudson Street
$4,750,000
$1,583/SF
Building Size
3,000 SF
Asset Type
Condo
Closing
Apr 21, 2026
AI
A waterfront condo at 1500 Hudson Street Unit 11FG in Hoboken has sold for $4.75 million. The property measures 3,000 square feet, with a price per square foot of $1,583. It features four bedrooms and offers views of the Hudson River and Manhattan. This sale sets a new city record in the Hudson Tea Buildings, indicative of the rising prices due to limited inventory and strong demand in the Hoboken market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,750,000
- Address: 1500 Hudson Street Unit 11FG
- Market: Hoboken
- Square Footage: 3,000
- Price per Square Foot: $1,583
- Buyer's Representative: Mike Kotler - New And Modern Group
- Seller's Representative: Peter Cossio - Brown Harris Stevens
This transaction was facilitated by Mike Kotler from New And Modern Group representing the buyer and Peter Cossio from Brown Harris Stevens representing the seller, showcasing the collaboration of these real estate professionals in the competitive market.
Players
Hoboken Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93