RealtyLens
for saleRealtyLens property overview
$598,000

531 Main St Apt 1511

New York, NY, 10044
View more New York, NY property pages
1Beds
1.5Baths
960Sqft
$623$/sqft

Listing Notes

531 Main Street, also known as "Rivercross", is a prominent residential building located on Roosevelt Island, a unique urban oasis in New York City. Constructed in 1975, this high-rise is part of the original residential development of the island, known for its distinctive design and tranquil environment. Residents of 531 Main Street enjoy a comprehensive array of amenities designed to enhance their quality of life. The building features a 24-hour doorman and concierge service, ensuring security and convenience. A state-of-the-art fitness center caters to the wellness needs of the residents, while the beautifully landscaped outdoor areas provide a tranquil retreat. Additional amenities include a community room, a children's playroom, laundry facilities, bike storage, and private storage units. The building is also pet-friendly, making it an attractive option for pet owners. Roosevelt Island offers a unique living experience with its blend of urban conveniences and green spaces. The island is home to several parks, including the iconic Franklin D. Roosevelt Four Freedoms Park and Southpoint Park, which offer stunning views and recreational opportunities. The island also features a range of dining and shopping options, as well as cultural institutions such as the Roosevelt Island Visual Art Association (RIVAA) Gallery. Transportation to and from Roosevelt Island is convenient and efficient. The Roosevelt Island Tramway provides a scenic and quick ride to Manhattan's Upper East Side, while the F train at the Roosevelt Island subway station connects residents to other parts of Manhattan and Queens. Additionally, the NYC Ferry service offers another commuting option, enhancing connectivity for residents. 531 Main Street offers a blend of modern luxury and serene living in one of New York City's most unique neighborhoods. Its well-appointed residences, extensive amenities, and prime location on Roosevelt Island make it an ideal choice for those seeking an upscale urban lifestyle with a touch of tranquility. ******* "Lovingly held by the same owner for over 25 years, this residence remains in its original condition- offering a rare opportunity to revovate and customize to your personal taste. A space full of potential, ready to be transformed into your ideal home."

Market Insights

Below nearby median-32%

$623/sqft vs a nearby median of $909/sqft.

Nearby median$909/sqft
Nearby properties12
Property size960 sqft
  • -32% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 960 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$818k$761k$875k · 70% confidence
vs ask $598k−$220k (−36.8%)

Asking price is about 36.8% below the fair value — likely to draw competing offers if it's still on market.

$844/sqft median across 4 tight comps × 960 sqft= $810k
  • Transit access+$20k +2.5%
  • Mid-century building era−$12k −1.5%
Cumulative NYC adjustments+$8k+1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-32% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
29 days
Last price change
No change recorded
Listed
Apr 13, 2026
Photos
6 photos
Property type
coop
Status
for sale

Features & Amenities

Central AirPets AllowedEfficientStunning ViewsViewsDenParkShopping

Building Facts

Year built
1975
Stories
20
Total units
368
Residential units
365
Building area
15.69 ac
Lot size
2.25 ac
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 4, 2026Initial record
$598,000for sale

Public Records

DOB violations0 open

77 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents206

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)1,006

Top: heat/hot water

Top complaint types in ZIP 10044

  • HEAT/HOT WATER128
  • UNSANITARY CONDITION93
  • Noise - Residential86
  • Smoking or Vaping65
  • PLUMBING64

Recent DOB

  • Feb 22, 2024V*-DOB VIOLATION - DISMISSED · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
  • Nov 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Nov 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Nov 19, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.