Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $480,000

· Closed October 23, 2024

531 MAIN Street #1404
Closed For Sale Co-op

$480,000

$666 per sq ft

531 MAIN Street #1404

Roosevelt Island, Manhattan

RIVERCROSS

MLS® #RLS10977229

RLS at REBNY

Listing by Corcoran Group

Studio

1.5

Baths

721

Sq. Ft.

1975

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 2 full, 1 half
Living Area 721 sq ft
Year Built 1975
Ownership Co-op
Maintenance $1,466/mo
Neighborhood Roosevelt Island
Floor 14 of 19

Property Highlights

  • Views: Bridges, City Lights, City, Panoramic, River
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full, 1 Half
Floor 14 of 19
View Bridges, City Lights, City, Panoramic, River
Cooling Central Air
Pets Yes
Year Built 1975
Living Area 721 sq ft
Structure Type HighRise
Basement Other
Parcel # 1373-0040-00531-000-0001404
Block/Lot 01373/0040

Listing History

Event Date Price Change
Listed Nov 18, 2023 $590,000 -
Price Reduced Oct 24, 2024 $498,000 -15.6%
Currently Jun 5, 2026 $480,000 -3.6%

Description

Introducing 531 Main Street, #1404 Roosevelt Island, NY 10044! Make an appointment so you can see first-hand how you can move-in, and live-in, this space immediately. Technically a studio (though able to convert to a 1 bedroom) and so much more! This apartment features: an extra half bath, full sized entryway, full-sized fully renovated kitchen, and huge walk in closet. Enjoy the eastern all day sun through large new insulated sliding windows with stunning views of the 59th street bridge and landmark icons like the Silvercup Studio sign.

This full service building amenities include:
Enormous Indoor Heated Pool:
- Take a dip in the huge indoor pool, perfect for relaxation and exercise any time of the year. The pool facilities include men and women's saunas, showers and dressing rooms; a ping pong table, and workout area with punching bags.
- Two-Floor Newly Renovated Gym: Stay active and healthy in the recently renovated two-floor gym, equipped with state-of-the-art fitness equipment.
- Playroom: Let your little ones explore and play in the beautifully renovated playroom designed with their enjoyment in mind.
- Community Room: Host gatherings and events in the community room, ideal for socializing and entertaining guests.
- Garden Courtyard Terrace: Enjoy the outdoors without leaving home by spending time in the serene garden terrace with outdoor furniture for relaxing or dining and umbrellas.
- Community room: Available at no charge to reserve, you can host parties and meeting with a full kitchen & private restrooms.
- Bike Room: Keep your bicycle easily accessible with the convenience of a dedicated bike room.

This prime location offers easy access to NYC's world-renowned dining, shopping, entertainment, and cultural attractions. With public transportation just steps away, you'll have the entire city at your fingertips. Don't miss out on the opportunity to experience urban living at its finest. Contact us today to schedule a viewing and make this exceptional apartment your new home. Your dream lifestyle awaits in this iconic New York City building!

Roosevelt Island is commutable by the Roosevelt Island Tram, the F train, the Astoria Ferry line, the M86 bus line, land bridge from Astoria, and CitiBike, making it easy to get all over Manhattan, Long Island City, and Astoria in about 20 minutes. Also, perhaps more important now than ever, people are able to self-park in the parking garage on the island and have a reserved spot. Enjoy all the conveniences of city living, with a suburban setting minutes from the city.

Roosevelt Islanders love the speak-easy reputation of Roosevelt Island and its oasis of calm and community living minutes away from the city. Roosevelt Island offers conveniences of ample outdoor space and neighborhood lifestyle that people are looking for. It is an attractive alternative to city living because of the abundance of community amenities and outdoor space, such as: parks, green space, gardens and community gardens, running and biking paths, swimming pools, baseball and soccer fields, basketball and tennis courts, and playgrounds to name a few. Roosevelt Island is committed to green living, and in addition to weekly composting drop-off, one is able to even forage some plants and herbs on the island, and there is a membership run community garden. Other parks include: Southpoint Park and Franklin D. Roosevelt Four Freedoms State Park in the south and Lighthouse Park at the north end of the island. Some parks and green spaces include access to complimentary BBQ grills. The vibrant community also includes the newly developed Cornell Tech campus with landscaped park space, cafes, The Graduate Hotel and rooftop dining at the Panorama Room. Further, residents have access to the New York City public library, schools, post office, the new Foodtown grocery store, two well-stocked bodegas, weekly Farmers Market, Duane Read, Starbucks and a number of local restaurants featuring at least 5 cuisines.

Features & Amenities

Interior Features

Smoke Free Building In Basement

Exterior Features

Building Courtyard Building Roof Deck

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 $1,466/mo
Original Price $590,000
Sale Price $480,000
Previous Price $498,000

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

2

Price Reduced

12%

Sold (30 Days)

4

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 6/5/26, 11:19 AM EST

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Location

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531 MAIN Street #1404, 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 $1,466 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 721 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 $480,000 for 721 sq ft, the asking price per square foot is approximately $666. 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: RLS10977229
First Listed: 11/19/2023
On Market: 11/18/2023
Price Changed: 10/24/2024
Closed: 10/23/2024
Contract Date: 11/19/2023

Listing Courtesy of Corcoran Group - Kaja Meade

Listing Contact: (703) 655-5856

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 3:19 PM UTC

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