Wonder Lofts at 720 Clinton St. in Hoboken — Courtesy: Prism Capital Partners
By Joshua Burd
A buyer has snagged one of two multimillion-dollar penthouses at Wonder Lofts, the new upscale condominium property at the site of the historic Wonder Bread factory in Hoboken.
According to Prism Capital Partners, which led the restoration and conversion of the structure, the offering at 720 Clinton St. has drawn residents from Manhattan, Brooklyn and New Jersey, thanks in part to its large living and private outdoor spaces coupled with deeded parking, extensive amenities and distinctive architecture. That’s on full display at the newly sold penthouse, which spans 1,665 square feet of indoor space and skyline views of Lower Manhattan and Jersey City from within the home.
Additionally, the unit has three sets of floor-to-ceiling sliding glass doors leading out to a 1,909-square-foot private terrace from the living room and dining room, Prism said, with additional access from the primary bedroom.
“Residences like the ones offered at Wonder Lofts are a rare find in the Hoboken market and highly coveted by families seeking homes with interior and exterior space comparable to a brownstone or townhouse, but in a full-service, highly amenitized condominium building,” said Robert Fourniadis, Prism’s senior vice president for residential. “With abundant living space and deeded parking included with every home in the community, these residences provide a unique lifestyle in this marketplace.”
Prism developed Wonder Lofts in partnership with Angelo Gordon and Parkwood Development, launching sales early last year at the collection of 83 loft-style homes. The one remaining penthouse is the larger of the two, with a listed price of $3.499 million, housing three bedrooms across 2,001 square feet and a 1,895-square-foot outdoor terrace.
Remaining inventory at the complex are priced from $1.495 million for two-bedroom units, $1.899 million for three-bedroom homes and $2.249 million for four-bedroom floorplans. The offering is now more than 70 percent sold.
Residents have access to amenities such as a rooftop with skyline views, an infinity-edge swimming pool with lounge chairs and a circular outdoor bar underneath the restored water tower, among others. Indoors, the property features a second-floor lounge, a children’s playroom and a full gym and yoga studio.
Wonder Lofts’ team includes Hoboken-based MVMK Architecture + Design, which served as the project architect, and Manhattan-based Workshop/APD as the interior designer, according to a news release. As part of the project, the developers have preserved the factory’s original brick detail, archways, high ceilings, large windows, a smokestack and a water tower, while adding modern features such as a glass and light gray aluminum façade.
The site also includes a new ground-up, five-story building across the street that houses 15 of the 83 units. Every home includes a parking space in the secured garage, while the property also boasts a location just west of downtown Hoboken, mass transit access and a host of park and recreation spaces.
Developers release new $3 million penthouses at Hoboken’s Wonder Lofts