Listing Courtesy of Corcoran Group
$799,000
Potential Rebate: $11,985
<strong></strong> <strong>Spacious 1-Bedroom Condo with Iconic Views of Manhattan, the Ed Koch Bridge & the East River<br> </strong><br> <strong>Riverwalk Place Roosevelt Island</strong><br> Residence 16A offers 737 square feet of thoughtfully designed living space, highlighted by sweeping views of the Manhattan skyline, the East River, and the historic Ed Koch Queensboro Bridge. Expansive floor-to-ceiling windows and southern exposure flood the home with natural light, creating an inviting and tranquil atmosphere.<br> The open-concept layout features soaring ceilings, generous storage, and refined finishes throughout. The kitchen is appointed with granite countertops and stainless-steel appliances, ideal for both everyday use and entertaining. A spa-inspired bathroom is clad in polished marble, while wide-plank oak hardwood floors provide warmth and elegance throughout the home.<br> <br> <strong>Boutique Condominium Living at Riverwalk Place</strong><br> Designed by Costas Kondylis & Partners and developed by The Related Companies, Riverwalk Place offers a suite of lifestyle amenities including:<br> <ul> <li>24-hour concierge and welcoming, fireplace-accented lobby </li> <li>Fully equipped fitness center and children's playroom </li> <li>Rooftop lounge and landscaped sun terrace with panoramic views </li> <li>Bicycle storage and nearby access to the Motorgate garage for parking </li> </ul> <strong>Unmatched Access Across New York City</strong><br> Roosevelt Island is uniquely positioned between Manhattan and Queens, offering efficient and scenic transportation options:<br> <ul> <li>The <strong>Roosevelt Island Tramway</strong> provides a breathtaking four-minute ride to Manhattan's Upper East Side </li> <li>The <strong>F Subway Line</strong> connects directly to Midtown, the Lower East Side, Brooklyn, and Queens </li> <li>The <strong>NYC Ferry</strong> at the island's eastern edge offers a relaxed route to destinations including Astoria, Long Island City, Midtown, and Wall Street </li> </ul> <strong>A Tranquil Setting with Urban Convenience</strong><br> Surrounded by waterfront parks and open space, the island offers a network of walking paths, green areas, and cultural landmarks like Four Freedoms Park and Lighthouse Park. Residents enjoy local dining, a seasonal farmers market, a full-service supermarket, and easy access to cafes and shops-including a scenic rooftop bar at the Graduate Hotel.<br> With iconic views, seamless transit access, and a strong sense of place, this residence at Riverwalk Place presents a rare opportunity to experience a peaceful enclave with all the benefits of New York City living.<br> <br>
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20036892

Roosevelt Island is an impossibly quiet, 2-mile sliver of land in the East River, sitting between Manhattan and Queens. It operates as part of the borough of Manhattan but feels like a separate world. For buyers interested in Roosevelt Island Manhattan real estate, it offers waterfront value, stunning views, and a suburban pace of life just minutes from the city.
Living in Roosevelt Island is unique. You take a tram or subway to get home. Traffic is minimal as cars are restricted in many areas. As a distinct Manhattan NYC neighborhood, it attracts diplomats (due to proximity to the UN), medical researchers, and families who want safety and space.
The market for homes for sale in Roosevelt Island is dominated by co-ops (originally Mitchell-Lama developments) and newer luxury rentals and condos like Riverwalk. Prices here are significantly lower than mainland Manhattan, offering excellent value for waterfront living.
It is a leasehold community—most buildings are on ground leases from the city/state, which can complicate financing but often results in lower purchase prices. The new Cornell Tech campus has driven new interest and investment in the southern end.
The lifestyle in Roosevelt Island is peaceful. There is no nightlife. Residents enjoy running along the river promenade, picnicking in Franklin D. Roosevelt Four Freedoms Park, and playing sports on the ample fields.
Community is incredibly tight. Because it is an island, there is a "small town" familiarity. It is one of the most international and diverse zip codes in the city.
Roosevelt Island is famous for the Roosevelt Island Tramway, which offers a cinematic 4-minute ride to 59th Street and Second Avenue. The F train also stops deep underground, connecting to Midtown in one stop.
The red "Red Bus" circulates the island for free, shuttling residents to the subway and tram. It is a car-lite environment, which many parents love.
The entire island is essentially a park. Four Freedoms Park at the southern tip is a Louis Kahn masterpiece. Lighthouse Park at the northern tip offers grilling and fishing.
Amenities include a public library, schools, and a few restaurants and grocery stores on Main Street. The Cornell Tech campus has added a cafe and hotel, bringing a bit more activity to the area.
Roosevelt Island is best for families, UN employees, and anyone who wants to escape the noise of the city completely while remaining a 5-minute tram ride away.

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$4,852 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$11,985
Monthly savings impact
$33/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Compare average listing prices and value metrics for Riverwalk Place against the surrounding Roosevelt Island market.
than the Roosevelt Island price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Roosevelt Island.