Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Closed For Sale Co-op

$820,000

$694 per sq ft

551 Main Street #208

Roosevelt Island, Manhattan

MLS® #RLS20014361

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,181

Sq. Ft.

1975

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,181 sq ft
Year Built 1975
Ownership Co-op
Maintenance $1,316/mo
Neighborhood Roosevelt Island
Floor 2 of 19

Property Highlights

  • Views: River, Water

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 2 of 19
View River, Water
Pets Yes, CatsOk, DogsOk
Year Built 1975
Living Area 1,181 sq ft
Structure Type HighRise
Furnished Unfurnished
Block/Lot 01373/1901

Listing History

Event Date Price Change
Listed Apr 4, 2025 $960,000 -
Price Reduced Mar 12, 2026 $829,000 -13.6%
Currently May 13, 2026 $820,000 -1.1%

Description

***OPEN HOUSES BY APPOINTMENT ONLY*** Welcome to Roosevelt Island, the city’s best-kept secret, located just one subway stop from Midtown Manhattan! Residence 208 is a stunning duplex featuring 2 bedrooms and 2 full bathrooms, modern finishes and the most breath-taking water and city views! This newly designed home is further elevated by oversized windows, crown moldings, and beautiful hardwood floors. Eastern and Western exposures flood the apartment with natural light, and a well-thought layout offers immense privacy from the neighbors. The oversized living area enjoys direct water and Manhattan views - the most coveted exposure in the building. The seamless integration with the kitchen and dining areas makes the space perfect for gatherings and entertainment. The chef’s kitchen comes fully equipped with stainless steel Viking appliances, custom cabinetry, and an abundance of storage. The breakfast bar offers a convenient space for a quick meal, while the adjoining dining area accommodates a large table for a more formal set up. The bedroom wing is tucked away on the other side of the apartment, offering a separation between living and sleeping for added serenity. The primary bedroom easily accommodates a king-sized bed and features an en-suite marble bathroom with a stand up shower. The second bedroom easily accommodates a queen-size bed and is perfect for use as a bedroom, a spacious office or a guest room. The second full bathroom is located in the hallway for easy access and has a deep soaking tub. The apartment comes with a separate private storage cage for additional storage needs. WASHER AND DRYER permitted with board approval. There is currently no hook up in the apartment; however, there is a laundry room on the floor steps away from the apartment. Please note there is an additional Tax Equivalency Payment of $364.42 per month. This residence is part of the Island House complex, one of Roosevelt Island’s most prominent residential communities. Island House is a full-service luxury cooperative with an array of amenities for its residents, such as a f/t doorman, gym, bike room, central laundry, community and playroom. There is also a resident-only courtyard with grilling and lounging areas, an outdoor playground with a jungle gym and cross-training workout area, and a dog run. Residents also have access to the new state-of-the-art lap pool in the building next door, membership for which can be purchased separately. Pets under 45 lbs are welcome, and 80% financing is permitted. Roosevelt Island is easily accessible by car, the F train (1 stop to Lex/63rd), the scenic Roosevelt Island Tram (4-minute ride to 2nd Ave / 60th St), the Astoria Ferry line with direct links to Wall Street, CitiBike (there is a large CitiBike station), and the Q102 bus. There is also the Red Bus, which is free and makes convenient stops throughout the island. Roosevelt Island is famous for its beautiful promenade around the island with stunning views, landmarks such as the lighthouse, FDR Four Freedoms Park, and the Cherry Blossom Festival. Residents enjoy an abundance of parks and green spaces, a baseball and soccer field, tennis and basketball courts, playgrounds and recreational areas with BBQ grills, and a public swimming pool and gym. Furthermore, residents have access to Foodtown supermarket, well-stocked bodegas with international foods, Starbucks, Duane Reade, a post office, a public library, schools, and a number of restaurants and other local businesses. Every Saturday, there is a Farmer’s Market offering the freshest produce. The Motorgate parking garage is located at the entrance to the island for those with a car. Lastly, the newly developed Cornell Tech campus offers additional landscaped green spaces, cafes, The Graduate Hotel with the Anything At All restaurant, and the famous rooftop cocktail lounge, The Panorama Room. Escape from the city’s hustle and bustle and join us for a private tour of this incredible residence

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Barbecue

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 400
Stories 19
Structure HighRise

Financial Details

Maintenance $1,316/mo
Original Price $960,000
Sale Price $820,000
Previous Price $829,000

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

$1.07M

Median $/Sqft

$955

Avg Days on Market

N/A

New This Week

1

Price Reduced

16%

Sold (30 Days)

1

Median Sale Price

$758K

Live data from RLS at REBNY • Updated 5/13/26, 3:06 PM EST

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Location

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551 Main Street #208, Roosevelt Island, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1975
Year Built
51 years old
19
Floors
400
Residential Units
R7-2
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $38,829,748
Land Value: $3,214,352
Exemptions: $38,829,748

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 118,727 SF
Building Area: 556,913 SF
Built FAR: 4.69
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 $1,316 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 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,181 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 $820,000 for 1,181 sq ft, the asking price per square foot is approximately $694. 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: RLS20014361
First Listed: 4/4/2025
On Market: 4/4/2025
Price Changed: 3/12/2026
Closed: 3/9/2026
Contract Date: 3/30/2025

Listing Courtesy of Compass - Maria Tabakova

Listing Contact: (212) 858-0258

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 5/13/2026 at 7:06 PM UTC

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