Bayonne, N.J.,  – Vida Capital, an emerging commercial real estate development, leasing and property management company specializing in Class A multifamily assets, has announced its latest venture, Prospect Crossing in Bayonne, is undergoing finishing touches as a precursor to the leasing launch later this month. Located at 117-121 Prospect Ave., the five-story building features 44 upscale studio and one- and two-bedroom layouts atop a gated-entry ground-floor parking garage.

“Prospect Crossing is an example of how Vida Capital is altering the built landscape by replacing conventional, underperforming properties with design-forward apartment-rental living experiences that respect the city’s rich industrial-era history,” said Shirley DelRosario, managing partner. “As a company and as local residents ourselves, we hail from Bayonne and are committed to leveraging its greatest asset – transit and highway connectivity – to mirror neighboring Hudson County communities such as West New York and Union City that have undergone their own renaissance while retaining its unique identity.”

Situated at the corner of Prospect and E. 25th Street, Prospect Crossing is a four-minute walk to the 22nd Street Hudson-Bergen Light Rail Station, which offers a 35-minute commute into Manhattan. Its exceptional locale is also a 15-minute drive to Newark Airport.

The former warehouse site has been transformed into a midrise property featuring a mix of apartment homes ranging from 459 SF to 1,210 SF, some of which include dens. Notably, the entire building has been constructed utilizing gypsum concrete, known for its sound-reduction properties.

Unit amenities include open-concept floorplans with breakfast bar; LVT flooring throughout; oversized European windows offering abundant natural light; high-end kitchens with granite countertops, subway tile backsplashes and stainless-steel appliances; and bathrooms with designer vanities and luxury shower/tub combos.

Rounding out Prospect Crossing’s on-premises amenities is a 725-SF fitness center, lounge and club rooms, 700 SF of office space and a 1,200-SF outdoor patio mezzanine offering 360-degree views of the Manhattan skyline. The architect for the building is Minervini Vandermark Melia Kelly (MVMK) of Hoboken.

“As a lifelong resident of Bayonne myself, I find great excitement in witnessing and contributing to its development and growth,” said Maria Alba, the exclusive leasing agent with Costanza Realtors. “At Prospect Crossing, luxury living is redefined with a unique twist that blends Bayonne’s style and all of its nearby conveniences. It’s a privilege to share the hidden treasures of Bayonne with newcomers.”

Boasting an unusually large stock of pre-World War II architecture, Bayonne is one of the older and more historic waterway municipalities once known as a titan of industry. Thanks to its current rebirth, Bayonne is now known for its unique blend of urban conveniences, suburban serenity and waterfront charm.

“Bayonne has successfully rebranded itself as a ‘citified’ suburban bedroom community,” said DelRosario. “In fact, it has become known for its sense of proximity – the best of two worlds close enough to New York City with a small-town vibe.”

As developments like Prospect Crossing take hold, new businesses have been emerging along Broadway, a 3.5-mile commercial strip lined with quaint and award-winning local eateries, vibrant and eclectic shops and green-space venues, including Stephen R. Gregg Park. The popular recreation site is one of Hudson County’s largest parks, totaling nearly 97 acres with a walking path, dog park and tennis courts.

The business district, which is one block from Prospect Crossing, also is a vital anchor that has drawn a diverse array of regional and national retailers, from big-box warehouse clubs to quick-casual dining establishments.

A major gateway to New York City, Bayonne has a high concentration of young, single, educated and upwardly-mobile career starters working in Manhattan, Newark and Jersey City. As a result, the working population is reliant on the Hudson-Bergen Light-Rail line, which stops at 45th, 34th, 22nd and Eighth Streets. It also connects to Jersey City PATH service at Exchange Place or Newport Station.