Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,315,000

Listed at $1,325,000 · Sold 0.8% below asking · Closed May 9, 2019

531 MAIN Street #502
Closed For Sale Co-op

$1,325,000

$746 per sq ft

531 MAIN Street #502

Roosevelt Island, Manhattan

RIVERCROSS

MLS® #RLS10523222

RLS at REBNY

Listing by The Corcoran Group

3

Bedrooms

2.5

Baths

1,777

Sq. Ft.

1975

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 1,777 sq ft
Year Built 1975
Ownership Co-op
Maintenance $2,511/mo
Neighborhood Roosevelt Island
Floor 5 of 20

Property Highlights

  • Exposure: East,North,West facing
  • Outdoor Space: Terrace
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full, 1 Half
Floor 5 of 20
Exposure East,North,West
Cooling Other
Pets CatsOk
Cross Street Main Street
Year Built 1975
Living Area 1,777 sq ft
Parcel # 1373-0040-00531-000-0000502

Listing History

Event Date Price Change
Listed Oct 3, 2018 $1,400,000 -
Currently Jun 5, 2026 $1,325,000 -5.4%

Description

Welcome to Apt. 502, a spacious 3-BR, 2.5-bth home in Rivercross, the premier Roosevelt Island Coop. This sprawling 3BR gem offers an ideally-configured layout and a highly desired west-facing terrace with tree-top views of the river and Manhattan skyline. With approximately 1777 SF of generous living space, you will enter a welcoming foyer and gallery with multiple closets and built-in bookshelves; the gallery leads to the windowed eat-in kitchen, pantry, powder room and enormous 24'5" x 17'1" living/dining room, all with direct Manhattan and River views. A separate bedroom wing with 2 full baths offers the utmost in privacy. On this side of the apartment is the oversized 24' x 12.5' master with en-suite, two additional spacious bedrooms and a second full bath. Oversized, soundproof windows and balcony doors installed in 2014 and new multi zone Heat-A/C system with temperature control in every room enhance your year-round comfort and quality of life, both without assessment to shareholders. Rivercross is recognized today as an iconic example of mid-century modern architectural design and remains true to every detail as envisioned by architects John Johansen and Ashok Bhavnani. Amenities include a dramatic and light-filled 60' x 30' indoor Pool with Saunas and Sun-Deck; two-level state-of-the-art Fitness Center; 2 large and well-equipped Laundry Rooms; FT Doorman, Concierge and live-in Super; playroom; meeting/party room and bicycle storage, all included in maintenance. Monthly maintenance includes gas, electric, heat, A/C and hot water. Surrounded by trees, grass and water, Rivercross is conveniently located a few blocks from the F train with one stop to Lexington Ave and 63rd St, 3 minutes on the iconic Tram to 2nd Ave and 59th St, and now Ferry Service to Manhattan's East side, Wall Street, Astoria and LIC. Please note: Rivercross is a 'No Smoking','No Dogs' building.

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Terrace

Building Information

Financial Details

Maintenance $2,511/mo
Original Price $1,400,000
Sale Price $1,315,000

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

26

Median Asking Price

$1.04M

Median $/Sqft

$1,016

Avg Days on Market

N/A

New This Week

2

Price Reduced

15%

Sold (30 Days)

4

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 6/5/26, 5:14 PM EST

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Location

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531 MAIN Street #502, Roosevelt Island, New York County • Near Main Street

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 $2,511 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,777 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 $1,325,000 for 1,777 sq ft, the asking price per square foot is approximately $746. 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: RLS10523222
First Listed: 10/3/2018
Closed: 5/9/2019
Contract Date: 10/3/2018

Listing Courtesy of The Corcoran Group - Suzanne E Wolf

Listing Contact: (917) 309-0326

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 9:14 PM UTC

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