Approved 18-Unit Development Site in Bayonne Hits Market for $899k


This listing is sponsored by Mohammad ‘Yousuf’ Khan of Liberty Realty. If you have a listing you’d like to feature, email us: [email protected]

172 Avenue F Bayonne Rendering featuredIn May, Bayonne’s planning board approved a new development project at 172 Avenue F. Now, the developer behind it has listed the approved project is for sale. The turnkey development site comes with plans for a six-story, 18-unit residential building at the 5,400 square foot lot at the corner of Avenue F and East 24th Street.

Included plans by DAL Design Group call for nine one-bedroom and nine two-bedroom units, a ground floor semi-automatic parking system for 21 vehicles, as well as a rooftop amenity area with partial NYC views.

The location is really the enticing part for the future developer and residents – just a 5-min walk to 22nd St Light Rail Station, making for an easy commute into Manhattan, Jersey City, and Hoboken. It’s also a short walk to the Bayonne Crossing Shopping Center and blocks from Route 440 for quick access to Staten Island, NJ Turnpike, and Jersey City.

Bayonne development is quickly picking up momentum. City officials a close to designating a developer for the Harbor Station South mega-project at the Military Ocean Terminal, which preliminary plans call for 2,500 new residential units, a hotel, corporate offices, an outdoor retail center, a park. Smaller developments are popping up too, such as Park Bayonne which opened a few months back.

This turnkey opportunity is listed by Mohammad ‘Yousuf’ Khan of Liberty Realty with an asking price of $899k. Contact Yousuf at 201.234.9915 or [email protected] for more information.

Full listing here: 172 Avenue F, Bayonne

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