Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $500,000

· Closed September 26, 2025

531 MAIN Street #217
Closed For Sale Co-op

$500,000

$506 per sq ft

531 MAIN Street #217

Roosevelt Island, Manhattan

Rivercross

MLS® #RLS10986972

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1.5

Baths

988

Sq. Ft.

1975

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 988 sq ft
Year Built 1975
Ownership Co-op
Maintenance $1,857/mo
Neighborhood Roosevelt Island
Floor 2 of 19

Property Highlights

  • Exposure: East facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full, 1 Half
Floor 2 of 19
Exposure East
Cooling Central Air
Pets Yes
Year Built 1975
Living Area 988 sq ft
Structure Type HighRise
Basement Other
Parcel # 1373-0040-00531-000-0000217
Block/Lot 01373/0040

Listing History

Event Date Price Change
Listed Jul 15, 2024 $575,000 -
Price Reduced Sep 26, 2025 $525,000 -8.7%
Currently Jun 5, 2026 $500,000 -4.8%

Description

Motivated Seller! Bring your contractor! Just listed in Rivercross, this bright, exceptionally spacious 1-Bed + 1.5 -Bath features a gracious Foyer, loft-like Living/Dining Room, Galley Kitchen with pass through, oversized Bedroom en-suite and generous closet space!

Rivercross, Roosevelt Island's premier Cooperative, offers full service amenities including 24-hour D/M, concierge, stunning 30' 60' indoor pool with saunas, pool-roof sundeck, two-story state-of-the-art Fitness Center, bike rooms, playroom and meeting room. New energy efficient and soundproof windows were installed in this unit and throughout the entire building in 2014; new natural gas eco-smart boilers were added in 2016, with new Heat/AC fan units installed in every room, all apartments. Monthly maintenance includes all utilities, (Electric, Gas, Heat/AC and water,) real estate tax and all building amenities.

Roosevelt Island is a welcoming community with shops, casual restaurants, indoor and outdoor sport and recreation facilities for swimming, tennis, and basketball; Little League, softball and soccer fields, a 4.5 mile running/cycling path; parks and playgrounds; schools and daycare. The newest additions to Roosevelt Island are Southpoint Park with dramatic River and Manhattan skyline views; the magnificent Louis Kahn-designed Four Freedoms Park, a visual masterpiece and moving respite for residents and visitors; Cornell Tech, an innovative, sustainable academic campus for hi-tech graduate studies being built in phases, the first one having been opened in August, 2017. That same year, the Island welcomed NY East River Ferry Service to Roosevelt Island, with service to E. 90th St, Astoria and Long Island City Queens, Manhattan's 34th Street and on to Wall Street; at this stop you can transfer to the NY Ferry taking you to Rockaway Beach!
Come see Apt. 217 at Rivercross, a well managed, beautifully maintained, and ideally located Co-op about two blocks - or a quick ride on the red bus, no fare - to the F train or tram. This could be the "one" you've been waiting for!" Please note, square footage listed is approximate.

Features & Amenities

Interior Features

Dining Area Building In Basement

Exterior Features

Building Courtyard Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom Elevators Indoor Pool Sauna Storage Sauna

Building Information

Building Rivercross
Building Data View Compliance & Permits
Total Units 365
Stories 19
Structure HighRise

Financial Details

Maintenance $1,857/mo
Original Price $575,000
Sale Price $500,000
Previous Price $525,000

Roosevelt Island is a unique and low-traffic residential community situated in the East River between Manhattan and Queens. Known for its car-free streets, abundant green space, and stunning skyline views, it offers a retreat from the city's bustle. The real estate market is primarily composed of modern high-rise cooperatives and condominiums that provide a high quality of life with easy access to Manhattan via the iconic tram or the F train.

Roosevelt Island Live Market Data

View Neighborhood

Active Listings

25

Median Asking Price

$1.05M

Median $/Sqft

$1,016

Avg Days on Market

N/A

New This Week

1

Price Reduced

12%

Sold (30 Days)

4

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 6/5/26, 5:36 AM EST

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Location

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531 MAIN Street #217, Roosevelt Island, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1975
Year Built
51 years old
20
Floors
365
Residential Units
R7-2
Zoning District
Elevator Apartments NYC Landmark

Tax & Assessment

Assessed Value: $83,931,750
Land Value: $4,405,500
Exemptions: $83,931,750

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 97,913 SF
Building Area: 683,637 SF
Built FAR: 6.98
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,857 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 988 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1975, making it approximately 51 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $500,000 for 988 sq ft, the asking price per square foot is approximately $506. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10986972
First Listed: 7/15/2024
On Market: 7/15/2024
Price Changed: 9/26/2025
Closed: 9/26/2025
Contract Date: 7/15/2024

Listing Courtesy of Corcoran Group - Ben Garama

Listing Contact: (347) 524-6934

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/5/2026 at 9:36 AM UTC

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