Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,050,000

Listed at $1,100,000 · Sold 4.5% below asking · Closed April 27, 2017

531 MAIN Street #501
Looking for something similar?
Closed For Sale Co-op

$1,100,000

$806 per sq ft

531 MAIN Street #501

Roosevelt Island, Manhattan

RIVERCROSS

MLS® #RLS10065532

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,364

Sq. Ft.

1975

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,364 sq ft
Year Built 1975
Ownership Co-op
Maintenance $1,827/mo
Neighborhood Roosevelt Island
Floor 5 of 20

Property Highlights

  • Views: City
  • Exposure: West facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 5 of 20
View City
Exposure West
Cooling Other
Pets CatsOk, Yes
Cross Street Main Street
Year Built 1975
Living Area 1,364 sq ft

Description

Price improved! Now $1,100,000 - 531 Main Street, Apt. 501, freshly painted and ready to move in: Rivercross, Roosevelt Island's premier full-service coop features a stunning, 60' x 30' indoor pool with saunas, all impeccably maintained; teak-wood furnished sun deck above the pool for all to enjoy; two-story state-of-the-art fitness center; playroom; community /party room; bicycle storage, all amenities at no additional fee. R Apartment 501, a spacious two-bedroom, two-full bath home sits just above the treetops with direct river and Manhattan views; features all new casement-style windows with sound-proof double pane glass; generously proportioned rooms; excellent closet space; galley kitchen with pass-through and new stainless appliances; two full baths including master en-suite; a large West-facing terrace to enjoy three seasons of the year. This apartment has been well maintained and is in good overall condition. The building has recently begun installing an entirely new, energy efficient gas boiler, heat/AC system; units are now being installed in individual apartments, no assessment. Monthly maintenance includes all utilities: electric, gas, water, heat and A/C. The neighborhood offers shops, restaurants and cafes; tennis courts, Sports Park year-round swimming pool, racquet club, ball fields, 3.5 mile running/cycling path; parks and playgrounds; schools and daycare. The newest additions to Roosevelt Island: the magnificent Louis Kahn-designed Four Freedoms Park, a visual masterpiece and peaceful respite for residents and visitors; Cornell Tech, an innovative, sustainable academic campus for hi-tech graduate studies being built in phases, the first opening Fall, 2017. Rivercross is well managed, beautifully maintained, and ideally located approx 2 blocks - or a quick ride on the red bus, no fare - to the F train or tram. Pet policy: cats allowed, no dogs. ***ROOMS ARE VIRTUALLY STAGED***

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Balcony

Building Information

Building RIVERCROSS
Total Units 365
Stories 20

Financial Details

Maintenance $1,827/mo
Original Price $1,150,000
Sale Price $1,050,000
Previous Price $1,050,000

Roosevelt Island is a unique and tranquil 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 peaceful 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

23

Median Asking Price

$960K

Median $/Sqft

$875

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$1.28M

Live data from RLS at REBNY • Updated 3/23/26, 6:16 PM EST

Similar Listings in Roosevelt Island

View All

Location

Loading map...

531 MAIN Street #501, Roosevelt Island, New York County • Near Main Street

Floor Plans

Floor Plan
MLS® ID: RLS10065532
First Listed: 9/3/2016
Price Changed: 11/14/2016
Closed: 4/27/2017
Contract Date: 9/3/2016

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 3/23/2026 at 10:16 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton