Property Details

Luxury 1BR in NYC’s First All-Electric Skyscraper at below-market rate!


Key Details:
- Monthly Rent: $4,695
- Availability: September 3, 2026
- Current Lease End Date: February 17, 2027 with option to renew
- No Broker Fee

Hello! We are looking for an assignee to take over our lease at 505 State Street, a brand new luxury building powered entirely by renewable, solar electricity. This is a rare opportunity to secure a short-term (~5.5 month) lease in a premium high-rise at a below-market rate with the option to renew directly with management next year.

Features include:
- In-unit washer and heat-pump dryer. The dryer also has a quiet mode, meaning you can run it at night with no disturbance.
- Custom Italian kitchen with integrated, hidden appliances (fridge and dishwasher blend right into the cabinetry), Silestone countertops with tile backsplash, Jenn-Air induction cooktops, concealed re-circulating hood, and concealed microwave
- Tall 9-12 ft ceilings with massive 8ft triple pane windows that let in incredible natural light but keep the noise outside (not that you hear much being 35 floors up anyway)
- Exposed concrete columns and oak wood flooring
- Central AC and heat with Ecobee smart thermostat (with remote app operation)
- Good amount of storage with 2 closets, enough for the 2 of us. If more space is needed, additional storage units are available for rent in the building basement

Features that elevate this apartment above other 1-bedrooms at 505 State:
- Incredible views. The unobstructed North-Eastern views offer spectacular, direct sightlines of the sunrise, and you get a partial view of Manhattan from the bedroom. (Sunrise picture from the living room included). High-quality roll-down blinds are installed for light sleepers.
- Rectangular layout. This particular unit features a very versatile rectangular floor plan that enables many different configurations of the living space. Other apartments often feature odd shapes, sharp corners, and other elements that lead to dead space.
- White-painted ceilings. While all other units at 505 State feature brutalist concrete ceilings, ours is painted white which creates a more homely feel and naturally elevates the amount of light in the apartment.

The Building: This is a premium building with world-class amenities (amenity fee applies). I put in the leg work, and toured all premium buildings in the area. 505 State is by far the most complete building in terms of all-round amenities for a modern, convenient, and comfortable lifestyle.

Amenities include:
- 24-hour attended lobby with a community concierge and secure package room
- In-house coffee shop right in the lobby (orders can be placed online, then picked up on the way out)

42nd-floor rooftop:
- Outside: pool, cabanas, grills, outdoor seating with insane views of the NYC skyline
- Inside: large communal lounge with multiple seating areas and a catering kitchen optimized for events, communal or private

3rd-floor:
- Lounge: another communal lounge with a large screen, optimized for watch parties. Additional internal seating area as well as a great outdoor patio area and a catering kitchen to help with event hosting
- Screening Room: a sound-proofed screening room perfect for movie nights or series watch parties

2nd-floor:
- 3,000 sq. ft. fully equipped gym and yoga studio. Gym includes multiple machines for each major muscle group as well as free weights and squat racks. Gym and yoga studio are open 24/7 and cleaned regularly
- Huge expansive co-working space featuring a mix of individual and group seating areas, couches, lounge chairs, desks, plenty of plug points, a reservable boardroom, and free private reservable meeting/call rooms
- Tech-free climate controlled ‘grow room’; an incredible space I can only describe as an internal forest where you are surrounded by huge plants and greenery with a strict no-technology policy.
- Dedicated kids play area

Mezzanine floor:
- Bodega by Tulu, an IoT-enabled smart rental and shop amenity where you can buy essential toiletries or rent household items like a vacuum cleaner, printer, or even a projector

Basement:
- Bike storage ($10/month), pet wash, communal laundry facilities (for bigger items, or if your apartment’s laundry is ever in need of repairs), clothes donation bin

Throughout the year, the building also hosts a great variety of community events including guided yoga, mat pilates, plant workshops, wine tastings, sports watch parties, movie nights, and more.

The building is also very pet friendly, but keep in mind that pets are not allowed in the communal areas to ensure that folks with allergies are still able to access all community spaces.

An amenity fee does apply and is currently $120/month for the 1st resident, then $60/month per additional resident. This is true for all apartments at 505 State, even if others don’t mention it explicitly.

The Location:
- I have done the analysis of the MTA transit map, so believe me when I say that there is no better location that right here for accessibility to New York City.
- You are directly across the street from Atlantic Terminal with access to the 2, 3, 4, 5, B, D, N, Q, R lines and JFK/Long Island via the LIRR). An 8-minute walk also gets you to the A, C, and G lines. - You are steps away from Whole Foods, Target, and the cultural hub of the Brooklyn Academy of Music (BAM).

If you're interested in any of our furniture, please let us know. Cats not included with the apartment.

Please reach out with a bit about yourself, and we can schedule a time for a video tour or an in-person viewing!

Additional fees

The Process: This is an official lease assignment. You will apply directly through the building's management portal (Vero) and sign a new assignment lease with them. They require the usual qualifiers of income being at least 40x rent and good credit. Other items to note:

- Application fee: $20 per person
- Security deposit: 1 month’s rent
- Electric: sub-metered based on usage (my bill averages around $100/month, higher in summer, lower in winter)
- Water, hot and cold, included in rent
- Internet/wifi: for the tenant, available via Honest Networks, Spectrum, Fios