Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $600,000

Listed at $625,000 · Sold 4.0% below asking · Closed October 9, 2019

531 MAIN Street #525
Closed For Sale Co-op

$625,000

$633 per sq ft

531 MAIN Street #525

Roosevelt Island, Manhattan

RIVERCROSS

MLS® #RLS10567942

RLS at REBNY

Listing by The 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 $1,571/mo
Neighborhood Roosevelt Island
Floor 5 of 20

Property Highlights

  • Exposure: North,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full, 1 Half
Floor 5 of 20
Exposure North,West
Cooling Other
Pets CatsOk
Cross Street Main Street
Year Built 1975
Living Area 988 sq ft
Parcel # 1373-0040-00531-000-0000525

Listing History

Event Date Price Change
Listed May 7, 2019 $625,000 -
Currently Jun 5, 2026 $625,000 -

Description

The best 1-bedroom opportunity in the building, priced to reflect original, unrenovated condition. A generously oversized (approx. 988 sq ft) Rivercross classic 1-bedroom, convertible 2 with 1.5 baths, 6 closets; new windows; galley pass-through kitchen, large living room with dining area, and a larger-than-average King-size bedroom with en-suite and double closets. Are you priced out of the 2-bedroom market but you need a (legitimate) second bedroom, home office, guest bedroom, nursery, etc.? Apt. 525 could be the perfect solution (see optional floor plan.) A popular choice with first-time home buyers, the flexible space with extra half bath and six closets offers the luxury of space and multiple possibilities! Apt. 525 is in original condition; has not been updated or renovated. Images of "furnished" rooms are Virtually Staged. Note: Rivercross is a No Smoking, No Dogs building.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $1,571/mo
Sale Price $600,000

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, 5:08 PM EST

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Location

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531 MAIN Street #525, Roosevelt Island, New York County • Near Main Street

Floor Plans

Floor Plan 1
Floor Plan 2

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 $1,571 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 $625,000 for 988 sq ft, the asking price per square foot is approximately $633. 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 [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: RLS10567942
First Listed: 5/7/2019
Closed: 10/9/2019
Contract Date: 5/7/2019

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 9:08 PM UTC

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