One of Hoboken’s landmark buildings is now on the market. The headquarters to the Hudson Reporter, at 1400 Washington Street, is a common sight to much of uptown Hoboken. The property, which sits on a 32 x 95 lot (enormous by Hoboken standards), is asking $5,800,000.
Based on the pictures it looks like the use of the building has gone through several iterations over the years – from a bank to office space. The Hoboken historical museum has some great resources on this point. With pictures of the building when it was the Hoboken Trust Company bank building. The property last sold for $1,064,000 in 2002, and has taxes of $33,981 a year.
Per the listing, the sale is being marketed as “Landmark corner building prime retail location with ultra high end housing in the immediate area – less than a five minute walk from almost 1000 luxury residences in Hudson Tea, 1450 Washington St. & 1500 Garden St. alone. Building is currently 3 stories with potential expansion for 2 more floors. Possible uses include high end restaurant or boutique fashion store. Square footage of 3000 per floor, plus mezzanine.”
It’ll be interesting to see what it sells for. As high as the asking price may seem, its style reminds us a (little) bit of 190 Bowery – sans graffiti of course. The famed east village building was purchased by photographer Jay Maisel in 1966 for $102,000, and sold last year for $55 million. Perhaps one of the greatest real estate deals in New York City history.
It’s rare for such large and well situated properties to come for sale, so we’ll definitely keep our eyes on the future of 1400 Washington.