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505 State Street , The Alloy Block, Downtown

New York's First All-Electric Skyscraper

505 State Street is New York's first All-Electric Skyscraper, a mixed use tower with 440 market rate and affordable homes and retail spaces along Flatbush Avenue. The building is the first tower of phase 1 of The Alloy Block and was completed in Spring of 2024 and now home to all of our residents.

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Sunrise at 505 State Street
505 State Street From Atlantic Terminal
505 State Street From Atlantic Terminal

Project Description

505 State Street is a mixed-use residential and retail tower that is part of the first phase of a larger full block development in Downtown Brooklyn that is on track to become the most sustainable block in Brooklyn. 505 State Street is New York's first All-Electric skyscraper powered by local renewable energy. The building sits at the intersection of Flatbush and State Street on a podium of 4 stacked triangular volumes that twist and set back along state Street to provide some relief to the lower scale buildings to the south while staying straight along Flatbush Avenue. The building was completed in Spring 2024 and houses 441 rental apartments, 45 of which are affordable units and retail at grade and below along Flatbush Avenue.

505 State Street Grow Room
505 State Street - Grow Room
505 State Street Rooftop Pool
505 State Street - Rooftop Pool

Awards and Certifications

  • 2024 - AIA Brooklyn - Commendation Award - For Integration of Public and Private Amenities
  • 2024 - Best of Brooklyn Real Estate Showcase


505 State Street Apartment Kitchen
505 State Street - Apartment Kitchen
505 State Street Apartment Sunset
505 State Street - Apartment Sunset