---
title: "531 Main Street #409, New York City, NY 10044"
description: "531 Main Street #409, New York City, NY 10044 — Roosevelt Island, New York City, NY. Listing Price $1,200,000. In contract 7/22/2026. 2 bed, 2 bath Illustrative Buyer Commission Share of $18,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/531-main-street-409-ny-10044"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 531 Main Street #409, New York City, NY 10044

Roosevelt Island, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $1,200,000
- **Status**: In contract 7/22/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Baths**: 2
- **Common Charges**: $2,774 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,200,000
- **Illustrative Buyer Commission Share**: -$18,000*
- **Illustrative Net Cost**: $1,182,000

*Illustrative Buyer Savings of $18,000 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![531 Main Street #409, New York City, NY 10044 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/54fccba5-e5e4-4b7f-aad7-c93cd024fb67.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a3c62b49-9bee-40de-a4a2-653149209e10.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a02c8cd5-87c3-405f-a3ea-7ac08435795d.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3af81cde-1bf0-4b6a-8e4a-30ef3a539641.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2fee55df-2d0f-4ab8-8d34-5d0156edc777.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/982785b2-708d-4d10-ae16-ffcd17f34819.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/346d9a36-6183-455e-bf52-a416a82e3f80.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e2810d37-7147-4a80-92e7-0b0213543ed3.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b07b8340-8cb4-4011-871f-7af6968fd996.jpg)
![531 Main Street #409, New York City, NY 10044 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/db77a14e-d5ef-4061-93c2-2195c4448169.jpg)

## Property Overview

Residence 409 at 531 Main Street is a beautifully renovated 2-bedroom, 2-bathroom home offering generous space, abundant natural light, and turnkey living in the desirable Rivercross cooperative on Roosevelt Island.

The gracious entry foyer leads into a spacious, open-concept living, dining, and kitchen area with excellent flow for everyday living and entertaining. Oversized windows provide sweeping river, skyline, and open-sky views. The living room easily fits separate seating and dining zones.

The updated kitchen features ample cabinetry and storage. Both bedrooms are generously sized with good privacy; the primary suite includes excellent closets, while the second bedroom works well for guests or a home office. Two renovated bathrooms complete the layout.

Additional features include a private balcony with river and skyline views, abundant closet space throughout, and large windows that fill the home with light.
Rivercross is a well-managed, full-service co-op where monthly maintenance covers all utilities (gas, electric, heat, A/C, water, and taxes). Amenities include 24-hour doorman and concierge, live-in superintendent, indoor heated pool with saunas, renovated fitness center, playroom, community room, landscaped courtyard, bike room, storage, and on-site laundry.
The co-op allows up to 80% financing, co-purchasing, parental purchases, and pied-à-terre use.

Located on peaceful Roosevelt Island, the building offers a waterfront setting with parks, promenades, and easy access to Manhattan via the F train, tram, and ferry. This is a bright, move-in ready home in a highly sought-after full-service building.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 6
- **Stories**: 20
- **Year Built**: 1975
- **Common Charges**: $2,774 / Monthly
- **Listed On**: Jun 17, 2026
- **Days on Market**: 84 Days

### Residence Features

- Electric
- Common On Floor
- Common Area
- Laundry Room
- Building Courtyard
- Building Garden
- Private Outdoor Space Under 60 Sqft
- Built-in Features
- Granite Counters
- Sauna
- Cooktop
- Dishwasher
- Gas Cooktop
- Gas Oven
- Refrigerator
- Security Guard
- Double Pane Windows
- City
- Garden
- River

### Building Amenities

- Clubhouse
- Sauna

## Sales Evidence

### How this price compares

The median closed price for comparable co-op two-bedroom sales in Roosevelt Island is $1,041,539, based on 19 sales between December 2024 and March 2026. This home is asking $1,200,000, $158,461 above that median. The middle half of those sales closed between $972,500 and $1,127,875.

- **Median closed price**: $1,041,539
- **Middle half**: $972,500 – $1,127,875
- **Based on**: 19 co-op two-bedroom sales in Roosevelt Island
- **Period**: December 2024 – March 2026

Square footage is recorded for only 11 of these 19 sales (58%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 18 of these sales with a published asking price, the median closed at 99.7% of what it originally asked. 50% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Roosevelt Island instead.

### How these sales were negotiated

- **Sold vs original ask**: 99.7% of the original ask
- **Closed below ask**: 50% of 18 sales
- **Listed → in contract**: 110 days (about 16 weeks)
- **In contract → closed**: 66 days (about 9 weeks)

Across the 18 of these sales with a published asking price, the median closed at 99.7% of what it originally asked. 50% of them closed below the original ask.

Half of these homes were in contract within 110 days (about 16 weeks) of coming to market, based on the 15 with a recorded listing date.

Once a deal was agreed, closing took a further 66 days (about 9 weeks), based on the 18 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 19 co-op two-bedroom sales in Roosevelt Island, December 2024 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

## Price and Property History for 531 Main Street, Unit 409

Review the recorded listing activity for 531 Main Street, Unit 409, including asking-price changes and prior market dates.

- **Entered contract**: July 22, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 22, 2026 | $1,200,000 | Entered contract |
| June 15, 2026 | $1,200,000 | Listed for sale by Compass |

## Estimated Monthly Payment

**$8,842 / month**, assuming a 20% down payment ($240,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,068
- **Common Charges**: $2,774

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Roosevelt Island

Overview of Roosevelt Island

[Explore Roosevelt Island](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Roosevelt Island

- [Upper East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [Long Island City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Astoria real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/astoria)
- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)

## Related Links

- [Roosevelt Island neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.