Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
531 Main Street #1507
Closed For Sale Co-op

$575,000

531 Main Street #1507

Roosevelt Island, Manhattan

MLS® #RLS11017504

RLS at REBNY

Listing by Elegran LLC

1

Bedroom

1.5

Baths

N/A

Sq. Ft.

1976

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Year Built 1976
Ownership Co-op
Maintenance $2,082/mo
Neighborhood Roosevelt Island
Floor 15

Property Highlights

  • Location: Roosevelt Island, Manhattan
  • Property Type: Co-op
  • Built: 1976

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full, 1 Half
Floor 15
Pets CatsOk
Cross Street East 66th Street/East 67th Street
Year Built 1976
Structure Type None
Furnished Unfurnished
Parcel # 1373-0040-00531-000-0001507
Block/Lot 0/0

Listing History

Event Date Price Change
Listed Oct 23, 2024 $575,000 -
Currently Jun 1, 2026 $575,000 -

Description

Unlock Your Dream: Unit 1507 - Huge Potential at Rivercross! Welcome to where urban sophistication meets your personal sanctuary. Unit 1507 at 531 Main Street offers an exceptional living experience, distinguished in its class. From the 15th floor, enjoy panoramic views of the Manhattan skyline, turning every day into a visual feast. This unit is not just a space; it's a blank canvas for your architectural dreams. With the right vision, transform it into a modern masterpiece, showcasing your personal style (check out the two virtually staged photos of what it CAN be). This 1 bedroom 1.5 half bath has the opportunity for conversion into a two bedroom two bath. The primary bedroom, with space for a king size bed with room to spare, has an en suite full bath and plenty of closet space as well as sharing in the stunning Manhattan Skyline views. Step into luxury with access to: A state-of-the-art gym spanning two floors. A full-size indoor pool, including men and womens saunas. A communal courtyard, a shared oasis amidst the urban landscape. Bike Storage Community Rooms Childrens Playroom Connectivity is at your doorstep with the Roosevelt Island Tram, F train, and multiple public transit options. Eco-friendly? CitiBike stations nearby support your green lifestyle. Unlike other units, 1507 offers a rare combination of height for unparalleled views and potential for a personal touch at this very appealing price point, making it a unique offering within Rivercross. This isn’t just a home; it's an opportunity to wake up and go to sleep with your very own piece of the Manhattan skyline, a sanctuary where every day feels like a getaway. Ready for its next visionary, #1507 promises a lifestyle upgrade like no other. The building allows Co-purchasing, pied-a-terre and up to 80% financing. The coop does NOT permit Smoking, Dogs or in-unit Washer/Dryers.

Features & Amenities

Interior Features

Common Area In Unit

Exterior Features

Building Storage Building Roof Deck Private Outdoor Space Under60 Sqft

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 365
Structure None

Financial Details

Maintenance $2,082/mo
Sale Price $575,000

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

$1.06M

Median $/Sqft

$1,016

Avg Days on Market

N/A

New This Week

1

Price Reduced

12%

Sold (30 Days)

3

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 6/1/26, 12:27 AM EST

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Location

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531 Main Street #1507, Roosevelt Island, New York County • Near East 66th Street/East 67th Street

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 $2,082 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

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

According to MLS records, the building was constructed in 1976, making it approximately 50 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.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. 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: RLS11017504
First Listed: 10/23/2024
On Market: 10/23/2024
Closed: 6/13/2025
Contract Date: 10/23/2024

Listing Courtesy of Elegran LLC - Patrick Walsh

Listing Contact: (845) 558-1198

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 6/1/2026 at 4:27 AM UTC

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