
16
Map


531 MAIN Street #628
About This Property
Apartment Highlights:
Spacious Living: Step inside and be greeted by an open and spacious foyer and living area, featuring large windows that flood the space with natural light. This apartment is perfect for those who crave an abundance of room to relax and entertain.
Serene Bedroom: The generously sized bedroom provides a peaceful sanctuary, and you wake up to breathtaking views of the NYC skyline every morning.
Luxurious Baths: With one full bathroom and an additional half bath, you'll enjoy the convenience and privacy of your own space, but facilities for guests to freshen up.
531 Main Street "Rivercross" is one of the first four residential buildings on Roosevelt Island and boasts the largest most well-maintained spaces available for purchase on the Island. Building Amenities:
Indoor Pool: Take a dip in the huge indoor pool, perfect for relaxation and exercise any time of the year.
Two-Floor 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 Terrace: Enjoy the outdoors without leaving home by spending time in the serene garden terrace, a perfect escape from the hustle and bustle of the city.
Bike Room: Keep your bicycle secure and easily accessible with the convenience of a dedicated bike room.
Much of the building staff has managed the building for decades like it's their own home. There is full-time doorman service, a concierge, on-site management and live-in building manager. The coop welcomes pied-a-terre ownership, co-purchasing, and up to 80% financing.
All showings are by appointment.
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.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 24, 2024 | Sold | ||
Sold | |||
Apr 30, 2024 | In contract | - | |
In contract | |||
Mar 16, 2024 | Price Decreased |
$698,000
↓ $51K
(6.8%) | |
Price Decreased | |||
Jan 18, 2024 | Relisted | $749,000 | |
Relisted | |||
Dec 24, 2023 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/19/2024
|
3 Bed
|
3 Bath
|
2000 ft²
|
$1,650,000
3 Bed
3 Bath
2000 ft²
|
$1,700,000
+3.03%
09/18/2024
|
-
|
Suzanne Wolf
The Corcoran Group
| |
04/20/2024
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,289,000
2 Bed
2 Bath
1364 ft²
|
$1,150,000
-10.78%
01/10/2025
|
-
|
Kaja Marie Meade
Corcoran Group
| |
03/19/2024
|
2 Bed
|
2 Bath
|
-
|
$1,150,000
2 Bed
2 Bath
|
$995,000
-13.48%
04/08/2024
|
-
|
Suzanne Wolf
The Corcoran Group
| |
02/27/2024
|
3 Bed
|
3 Bath
|
1777 ft²
|
$2,195,000
3 Bed
3 Bath
1777 ft²
|
$1,900,000
-13.44%
07/30/2024
|
-
|
Kaja Marie Meade
Corcoran Group
| |
01/19/2024
|
2 Bed
|
2 Bath
|
-
|
$998,000
2 Bed
2 Bath
|
$998,000
04/24/2024
|
-
|
Kaja Marie Meade
Corcoran Group
| |
11/19/2023
|
Studio
|
2 Bath
|
721 ft²
|
$590,000
Studio
2 Bath
721 ft²
|
$480,000
-18.64%
10/23/2024
|
-
|
Kaja Marie Meade
Corcoran Group
| |
11/09/2023
|
1 Bed
|
2 Bath
|
950 ft²
|
$725,000
1 Bed
2 Bath
950 ft²
|
$695,000
-4.14%
08/09/2024
|
-
|
Suzanne Wolf
The Corcoran Group
| |
10/27/2023
|
4 Bed
|
3 Bath
|
1907 ft²
|
$2,490,000
4 Bed
3 Bath
1907 ft²
|
$2,095,000
-15.86%
01/22/2024
|
-
|
Kaja Marie Meade
Corcoran Group
| |
10/26/2023
|
2 Bed
|
2 Bath
|
-
|
$999,000
2 Bed
2 Bath
|
$925,000
-7.41%
06/21/2024
|
-
|
Al-Noor Jiwan-Hirji
Halstead Property, LLC
| |
09/22/2023
|
1 Bed
|
2 Bath
|
988 ft²
|
$749,000
1 Bed
2 Bath
988 ft²
|
$675,000
-9.88%
07/24/2024
|
-
|
Kaja Marie Meade
Corcoran Group
| |
09/12/2023
|
1 Bed
|
2 Bath
|
-
|
$755,000
1 Bed
2 Bath
|
$625,000
-17.22%
07/22/2024
|
-
|
Suzanne Wolf
The Corcoran Group
| |
07/12/2023
|
1 Bed
|
2 Bath
|
-
|
$749,000
1 Bed
2 Bath
|
$607,500
-18.89%
05/02/2024
|
-
|
Norhana Ariffin
Halstead Property, LLC
| |
06/23/2023
|
1 Bed
|
2 Bath
|
-
|
$749,000
1 Bed
2 Bath
|
$720,000
-3.87%
10/05/2023
|
-
|
Kaja Marie Meade
Corcoran Group
| |
05/31/2023
|
3 Bed
|
3 Bath
|
1777 ft²
|
$1,395,000
3 Bed
3 Bath
1777 ft²
|
$1,420,000
+1.79%
10/24/2023
|
-
|
Reva Cotter
Compass
| |
04/19/2023
|
Studio
|
2 Bath
|
-
|
$370,000
Studio
2 Bath
|
$370,000
04/17/2023
|
-
|
Kaja Marie Meade
Corcoran Group
| |
03/24/2023
|
2 Bed
|
2 Bath
|
-
|
$998,000
2 Bed
2 Bath
|
$950,000
-4.81%
09/29/2023
|
-
|
Kaja Marie Meade
Corcoran Group
| |
03/24/2023
|
2 Bed
|
2 Bath
|
-
|
$799,000
2 Bed
2 Bath
|
$810,000
+1.38%
06/12/2023
|
-
|
Kaja Marie Meade
Corcoran Group
| |
02/17/2023
|
3 Bed
|
3 Bath
|
1777 ft²
|
$1,375,000
3 Bed
3 Bath
1777 ft²
|
$1,490,088
+8.37%
05/21/2023
|
-
|
Suzanne Wolf
The Corcoran Group
| |
02/01/2023
|
1 Bed
|
2 Bath
|
988 ft²
|
$735,000
1 Bed
2 Bath
988 ft²
|
$700,000
-4.76%
05/16/2023
|
-
|
Jeffrey M Feig
Brown Harris Stevens Residential Sales LLC
| |
01/24/2023
|
2 Bed
|
2 Bath
|
1600 ft²
|
$1,325,000
2 Bed
2 Bath
1600 ft²
|
$1,200,000
-9.43%
08/29/2023
|
-
|
Suzanne Wolf
The Corcoran Group
| |
08/06/2022
|
1 Bed
|
1 Bath
|
988 ft²
|
$719,000
1 Bed
1 Bath
988 ft²
|
$715,000
-0.56%
10/28/2022
|
-
|
Mark Lynch
Elliman
| |
07/15/2022
|
2 Bed
|
2 Bath
|
-
|
$989,000
2 Bed
2 Bath
|
$880,000
-11.02%
03/24/2023
|
-
|
Kaja Marie Meade
Corcoran Group
| |
05/17/2022
|
2 Bed
|
2 Bath
|
1364 ft²
|
$895,000
2 Bed
2 Bath
1364 ft²
|
$900,000
+0.56%
09/30/2022
|
-
|
Suzanne Wolf
The Corcoran Group
| |
05/10/2022
|
3 Bed
|
2 Bath
|
1700 ft²
|
$1,195,000
3 Bed
2 Bath
1700 ft²
|
$1,245,000
+4.18%
09/20/2023
|
-
|
Suzanne Wolf
The Corcoran Group
| |
05/02/2022
|
2 Bed
|
2 Bath
|
988 ft²
|
$749,000
2 Bed
2 Bath
988 ft²
|
$725,000
-3.20%
07/27/2022
|
-
|
Kaja Marie Meade
Corcoran Group
| |
03/30/2022
|
1 Bed
|
2 Bath
|
988 ft²
|
$670,000
1 Bed
2 Bath
988 ft²
|
$662,800
-1.07%
07/12/2022
|
-
|
Suzanne Wolf
The Corcoran Group
| |
03/29/2022
|
2 Bed
|
2 Bath
|
-
|
$999,999
2 Bed
2 Bath
|
$1,150,000
+15.00%
07/18/2022
|
-
|
Thomas Caramanno
Compass Greater NY LLC
| |
03/29/2022
|
3 Bed
|
3 Bath
|
1777 ft²
|
$1,275,000
3 Bed
3 Bath
1777 ft²
|
$1,350,000
+5.88%
08/08/2022
|
-
|
Suzanne Wolf
The Corcoran Group
| |
11/18/2021
|
1 Bed
|
2 Bath
|
-
|
$599,000
1 Bed
2 Bath
|
$615,000
+2.67%
04/01/2022
|
-
|
Jonathan D Schulz
Corcoran Group
| |
10/22/2021
|
1 Bed
|
2 Bath
|
975 ft²
|
$635,000
1 Bed
2 Bath
975 ft²
|
$630,000
-0.79%
02/18/2022
|
-
|
Suzanne Wolf
The Corcoran Group
| |
09/15/2021
|
Studio
|
3 Bath
|
730 ft²
|
$499,000
Studio
3 Bath
730 ft²
|
$525,000
+5.21%
04/06/2022
|
-
|
Kaja Marie Meade
Corcoran Group
| |
07/06/2021
|
2 Bed
|
2 Bath
|
1360 ft²
|
$1,200,000
2 Bed
2 Bath
1360 ft²
|
$1,175,000
-2.08%
11/02/2021
|
-
|
Suzanne Wolf
The Corcoran Group
| |
05/03/2021
|
2 Bed
|
2 Bath
|
1343 ft²
|
$1,144,123
2 Bed
2 Bath
1343 ft²
|
$1,100,000
-3.86%
08/18/2021
|
-
|
Kaja Marie Meade
Corcoran Group
| |
04/29/2021
|
1 Bed
|
2 Bath
|
974 ft²
|
$620,000
1 Bed
2 Bath
974 ft²
|
$610,000
-1.61%
11/24/2021
|
-
|
Suzanne Wolf
The Corcoran Group
| |
04/26/2021
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,100,000
2 Bed
2 Bath
1364 ft²
|
$945,000
-14.09%
01/13/2022
|
-
|
Jacob Knopfler
Compass
| |
02/24/2021
|
2 Bed
|
2 Bath
|
1350 ft²
|
$895,000
2 Bed
2 Bath
1350 ft²
|
$900,000
+0.56%
06/12/2022
|
-
|
Suzanne Wolf
The Corcoran Group
| |
02/23/2021
|
2 Bed
|
2 Bath
|
1343 ft²
|
$1,105,000
2 Bed
2 Bath
1343 ft²
|
$1,020,000
-7.69%
11/30/2021
|
-
|
Suzanne Wolf
The Corcoran Group
| |
02/18/2021
|
2 Bed
|
1 Bath
|
740 ft²
|
$699,000
2 Bed
1 Bath
740 ft²
|
$669,000
-4.29%
12/07/2021
|
-
|
Jeff Brenner
Sotheby's International Realty, Inc.
| |
11/13/2020
|
3 Bed
|
3 Bath
|
-
|
$1,295,000
3 Bed
3 Bath
|
$1,295,000
08/25/2021
|
-
|
THOMAS POSTILIO
Compass
| |
10/14/2020
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
$957,500
-12.95%
09/23/2021
|
-
|
Suzanne Wolf
The Corcoran Group
| |
10/07/2020
|
1 Bed
|
2 Bath
|
-
|
$645,000
1 Bed
2 Bath
|
$550,000
-14.73%
07/07/2021
|
-
|
Suzanne Wolf
The Corcoran Group
| |
08/18/2020
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,195,000
2 Bed
2 Bath
1364 ft²
|
$1,195,000
02/01/2021
|
-
|
Nicholas Oliver
Modern Spaces, LLC
| |
08/11/2020
|
3 Bed
|
3 Bath
|
-
|
$989,000
3 Bed
3 Bath
|
$905,000
-8.49%
03/26/2021
|
-
|
Hoffman Hildreth
Compass
| |
07/22/2020
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,135,000
2 Bed
2 Bath
1364 ft²
|
$1,135,000
10/29/2020
|
-
|
Suzanne Wolf
The Corcoran Group
| |
11/28/2019
|
2 Bed
|
2 Bath
|
1343 ft²
|
$995,000
2 Bed
2 Bath
1343 ft²
|
$995,000
06/01/2020
|
-
|
Suzanne Wolf
The Corcoran Group
| |
10/18/2019
|
1 Bed
|
2 Bath
|
980 ft²
|
$650,000
1 Bed
2 Bath
980 ft²
|
$645,000
-0.77%
11/22/2019
|
-
|
Suzanne Wolf
The Corcoran Group
| |
09/19/2019
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,250,000
2 Bed
2 Bath
1364 ft²
|
$1,250,000
02/10/2020
|
-
|
Marlene Steiner
The Corcoran Group
| |
08/11/2019
|
1 Bed
|
2 Bath
|
972 ft²
|
$640,000
1 Bed
2 Bath
972 ft²
|
$620,000
-3.13%
01/24/2020
|
-
|
Suzanne Wolf
The Corcoran Group
| |
08/07/2019
|
1 Bed
|
2 Bath
|
988 ft²
|
$685,000
1 Bed
2 Bath
988 ft²
|
$685,000
10/15/2019
|
-
|
Suzanne Wolf
The Corcoran Group
| |
05/07/2019
|
1 Bed
|
2 Bath
|
988 ft²
|
$625,000
1 Bed
2 Bath
988 ft²
|
$600,000
-4.00%
10/09/2019
|
-
|
Suzanne Wolf
The Corcoran Group
| |
04/30/2019
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,050,000
2 Bed
2 Bath
1364 ft²
|
$985,000
-6.19%
12/02/2019
|
-
|
Suzanne Wolf
The Corcoran Group
| |
02/26/2019
|
1 Bed
|
1 Bath
|
701 ft²
|
$525,000
1 Bed
1 Bath
701 ft²
|
$464,000
-11.62%
11/26/2019
|
-
|
James Brettholz
Bond New York Properties LLC
| |
01/04/2019
|
3 Bed
|
2 Bath
|
1777 ft²
|
$1,395,000
3 Bed
2 Bath
1777 ft²
|
$1,245,000
-10.75%
12/26/2019
|
-
|
Marlene Steiner
The Corcoran Group
| |
10/03/2018
|
3 Bed
|
3 Bath
|
1777 ft²
|
$1,400,000
3 Bed
3 Bath
1777 ft²
|
$1,315,000
-6.07%
05/09/2019
|
-
|
Suzanne Wolf
The Corcoran Group
| |
07/11/2018
|
1 Bed
|
2 Bath
|
988 ft²
|
$720,000
1 Bed
2 Bath
988 ft²
|
$680,000
-5.56%
01/22/2019
|
-
|
Chris Zhou
Mont Sky Real Estate LLC
| |
02/20/2018
|
2 Bed
|
2 Bath
|
1364 ft²
|
$1,275,000
2 Bed
2 Bath
1364 ft²
|
$1,275,000
07/12/2018
|
-
|
Suzanne Wolf
The Corcoran Group
| |
02/19/2018
|
1 Bed
|