Alloy Development Launches Leasing for 505 State Street in Downtown Brooklyn

505 State Street, by Pavel Bendov505 State Street, by Pavel Bendov

Alloy Development has launched leasing for 395 apartments at 505 State Street, a 44-story all-electric tower in the Alloy Block mixed-use development in Downtown Brooklyn. Located at the intersection of State Street and Flatbush Avenue, the overall development includes residential, office, and retail spaces, as well as New York City’s first two public schools built to Passive House standards.

505 State Street has entirely eliminated the use of natural gas, opting for electrical systems for all functions, including kitchens with induction cooktops and heat-pump dryers. It is the first of its kind in New York City.

Interior space at 505 State Street, by Matthew Williams

Interior space at 505 State Street, by Matthew Williams

The building features 441 apartments in total, including 45 income-restricted units. Residents will have access to amenities such as a community concierge, a bike storage room, and a pet wash. The building also offers a gym, a yoga studio, and a screening room. The 42nd floor features a rooftop pool, terrace space, and cabanas with grills, which are available via reservation.

Pool at 505 State Street, by Matthew Williams

Pool at 505 State Street, by Matthew Williams

Alloy is also seeking to enroll 505 State Street in community solar projects to secure a 100-percent local renewable energy supply. It has been designed to encourage residents to choose environmentally friendly means of travel, offering over 500 bike parking spaces and no car parking.

505 State Street is located adjacent to Atlantic Terminal and near the Brooklyn Cultural District and Barclays Center.

Gym at 505 State Street, by Matthew Williams

Gym at 505 State Street, by Matthew Williams

“As the first all-electric skyscraper in New York City, 505 State Street is a transformative development that represents the future of sustainable living,” said Alloy CEO Jared Della Valle. “Residents will not only be able to enjoy beautifully designed apartments with sweeping views of the city skyline, but will also critically benefit from the health, environmental, and cost benefits that come with reducing your carbon footprint. We look forward to welcoming residents as we usher in a new era for green development in the heart of Downtown Brooklyn.”

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3 Comments on "Alloy Development Launches Leasing for 505 State Street in Downtown Brooklyn"

  1. That electric bill is going to be soooo expensive

  2. Induction cooktops and heat pumps <3

  3. From gym to swimming pool-it has it al

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