Island House

Island House is a Co-op located 551 Main Street, in Roosevelt Island, New York. The building was first built in 1975 and is 49 years old. The official lot area is listed as 118,727 square feet. In total, 551 Main Street has a total floor area of 556,913 square feet. Of that, 521,748 square feet are used for residential purposes. About 35,165 square feet of the building are used for commercial purposes. There are a total of 403 units. Of those, 400 are residential units. There are three commercial units. 551 Main Street has a total of 19 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 551 Main Street.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's courtyard and garden. Both dogs and cats are allowed in the building! There are 480 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 265 days The transaction that took the longest to complete was unit 208, listed on Jan 06, 2021 for $899,000. This particular unit ultimately sold 265 days later for $559,094. The most recent transaction was for unit 502, sold for $715,653 on Jun 13, 2023. Fun fact, the oldest transaction we have on record took place on Sep 09, 2004. See the full transaction history for Island House below.

Roosevelt Island, where 551 Main Street is located, has a median asking price of $995,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $899,000. For interested buyers, that means the building's median asking price is around 0.10% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.