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41 W 25th StBayonne, NJ 07002
Skyline 25 Residences
Asset ClassMultifamily
# Units40
# Units: 40# Buildings: 1Land: 0.27 AcresAccess Data Room
40 Brand New Luxury Units | Bayonne, NJ | No Rent Control | 20 Year Tax PILOT
overview of deal

Overview

 

Skyline 25 Residences presents a newly constructed luxury rental opportunity in Bayonne. Completed in 2024, the property consists of a five-story mid-rise building featuring 40 thoughtfully designed residential units, comprised of one and two-bedroom layouts. Each residence offers modern finishes, including high ceilings, luxury plank flooring, quartz countertops, stainless steel appliances, and in-unit washer and dryers, complemented by smart home entry systems and high-efficiency HVAC. The property is further enhanced by a curated amenity package, including a resident clubroom with floor-to-ceiling windows, a furnished rooftop deck with panoramic views of New York City and the surrounding waterfront, mechanical parking with app-based access, and dedicated storage facilities. Importantly, Skyline 25 Residences is not subject to rent control, allowing for full market-driven rent growth and operational flexibility.

 

Strategically located at 41 W 25th Street, the property provides strong connectivity and access to everyday conveniences. The 22nd Street Hudson-Bergen Light Rail station is approximately a 12-minute walk from the property, offering direct access to Jersey City and seamless connections into Manhattan, with an overall commute of roughly 30 minutes to New York City. Route 440 further enhances regional accessibility, linking residents to key corridors throughout Hudson County. The surrounding area features a variety of retail, dining, and recreational options, supporting a convenient and well-rounded lifestyle. In addition, proximity to major employers such as Bayonne Medical Center, the City of Bayonne, Amazon, and Royal Wine Corp. reinforces steady renter demand and long-term market stability.

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Investment Highlights

  • Built in 2024 New Construction Asset
  • No Rent Control Unconstrained Rent Growth Potential
  • 20 Year Tax PILOT @ 12% - 15%
  • Desirable Unit Mix Spacious One & Two-Bedroom Layouts
  • Modern Interiors & Amenities Rooftop Deck, Lounge, & Smart Access
  • 12 Min Walk to Nearest Train to NYC
  • Convenient NYC Access ~30 Minutes to Manhattan
  • New $1B Film Studio Under Construction w/ 2K Production Jobs Located Nearby
  • Immediate Route 440 Access Seamless Hudson County Connectivity
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41 W 25th StBayonne, NJ 07002

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