531 Main Street #504, New York City, NY 10044
Listing Courtesy of Modern Spaces
$290,000
Potential Rebate: $4,350
Overview
Stunning Opportunity to embrace Roosevelt Island Living!<br><br>Discover the incredible potential awaiting you in Apartment 504, a generously proportioned studio cooperative nestled on the desirable and tranquil Roosevelt Island. This unique home offers an unparalleled chance to craft your dream urban retreat, boasting a desirable layout that includes a rare and highly convenient one and one-half bathrooms.<br><br>Bask in exceptional natural light throughout the day, thanks to the apartment's prime positioning. The main living area features a bright, east-facing exposure, perfect for welcoming the morning sun, complemented by an additional window facing south, providing delightful ambient light and charming city glimpses. The superb light quality enhances the already spacious feel of this large studio.<br><br>This is your chance to reimagine the space entirely, allowing you to customize the residence to your exact specifications and luxury standards. The strong foundation is here—all that's needed is your creative vision to realize its spectacular potential.<br><br>Roosevelt Island offers a unique lifestyle with easy access to Manhattan, beautiful waterfront parks, and a close-knit community. Seize this exciting opportunity to create a bespoke, one-of-a-kind home in an unbeatable island location.<br><br>Schedule your appointment to view today!<br><br>**Photos are virtually staged<br><br>Modern Spaces exclusively lists this property.
Home Features
- •Central Air
- •Common Area
- •Building Storage
- •Building Roof Deck
- •Entrance Foyer
Estimated Monthly Payment
$2,944 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$4,350
Monthly savings impact
$12/mo
Effective Purchase Price
$285,650
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Modern Spaces
Data Source: TRESTLE #RLS20060127
RLS at REBNY
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
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.
The Real Estate Rebate Team
Listing Courtesy of Modern Spaces
Data Source: TRESTLE #RLS20060127
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 531 Main Street against the surrounding Roosevelt Island market.
Average List Price
Price Per SqFt
35.85% Lower
than the Roosevelt Island price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
