--- title: "531 Main Street #718, New York City, NY 10044" description: "531 Main Street #718, New York City, NY 10044 — Roosevelt Island, New York City, NY. Listing Price $1,499,000. Price Reduced: Reduced $51,000 (3.3%) from $1,550,000 on September 10, 2026. 3 bed, 2 bath, 1,650 sqft Illustrative Buyer Commission Share of $22,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/531-main-street-718-ny-10044" source: "Real Estate Rebate Team" dateModified: "2026-09-29T02:18:30.207Z" status: "Active" --- # 531 Main Street #718, New York City, NY 10044 Roosevelt Island, New York City, NY Courtesy of Sothebys International Realty Last updated: September 28, 2026, 10:18 PM ## At a Glance - **Listing Price**: $1,499,000 - **Price Reduced**: Reduced $51,000 (3.3%) from $1,550,000 on September 10, 2026 - **Beds**: 3 - **Baths**: 2 - **Sqft**: 1,650 - **Common Charges**: $3,087 / mo - **Price per Sqft**: $908 - **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**: $1,499,000 - **Illustrative Buyer Commission Share**: -$22,485* - **Illustrative Net Cost**: $1,476,515 *Illustrative Buyer Savings of $22,485 — 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 #718, New York City, NY 10044 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c58f374b-c3e9-4b0b-ae0f-d6232587a82f.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e6fe0317-752a-4192-a69c-bef432b821e1.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/30bf4dae-568b-437e-a0f7-e2d6ebbe4f70.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb9f631e-83fc-46f0-b229-382322425902.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7366e956-68b0-4c3b-8cee-6ed3d8a4ee0f.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/87e2f096-776c-4738-afd6-22e2135c524e.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0b9e08eb-23d4-432a-8ce2-da35bb820d32.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e250c7be-37cd-48dc-ba01-121e2e685ae2.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/605daf64-7f3b-4344-832e-d5dd20986233.jpg) ![531 Main Street #718, New York City, NY 10044 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7863b23-59d9-420e-8615-8f974bcb8441.jpg) ## Property Overview Welcome home to this beautifully renovated, approximately 1,650-square-foot three-bedroom, two-bath residence at Rivercross, where expansive living spaces, abundant eastern light, and timeless design come together to create an exceptional home. A gracious entry foyer welcomes you with two oversized custom-outfitted closets, setting the tone for the generous proportions found throughout. The thoughtfully renovated kitchen is both elegant and functional, featuring granite countertops, custom tilework, natural stone flooring, a double Maytag oven, Samsung microwave, KitchenAid dishwasher, Whirlpool refrigerator, and a granite pass-through with a matching ledge that seamlessly connects to the dining area—perfect for entertaining. The expansive living room is enhanced by custom built-in cabinetry and opens onto your private terrace, where southeast-facing views capture the iconic 59th Street Queensboro Bridge and one of Roosevelt Island's beautifully landscaped parks, offering a peaceful backdrop to everyday living. The spacious primary suite serves as a private retreat, complete with a custom-outfitted walk-in closet, built-in shelving with an integrated desk, and a beautifully renovated en-suite bath featuring marble countertops and a glass-enclosed shower. The second bedroom enjoys tranquil park views, while the oversized third bedroom, conveniently located off the living room, provides exceptional flexibility as a guest suite, home office, media room, or den. The second bathroom is accessed off the hallway also enjoys marble countertops and a glass enclosed shower. Additional highlights include beautiful hardwood floors throughout, custom-outfitted closets, and individually controlled thermostats for year-round comfort. Rivercross is Roosevelt Island's premier full-service cooperative, renowned for its well-management, beautifully maintained and perfectly located. Residents enjoy a full-time doorman, concierge, and live-in superintendent, along with an outstanding collection of resort-style amenities. These include a recently renovated two-level state-of-the-art fitness center, a 60' × 30' indoor swimming pool beneath a dramatic glass atrium, sundeck, saunas, community room, children's playroom, landscaped courtyard, bicycle storage, and laundry facilities. Monthly maintenance including electricity, gas, heat, air conditioning, hot water, and real estate taxes. The building permits pied-à-terres, co-purchasing, and financing of up to 80%. Cats are welcome; dogs are not permitted. Rivercross offers more than a residence—it offers an exceptional lifestyle. Enjoy the serenity of tree-lined promenades, waterfront parks, and breathtaking Manhattan skyline views, all while being just minutes from Midtown. Roosevelt Island's most celebrated destinations—including Cornell Tech, Southpoint Park, Lighthouse Park, and Louis Kahn's Four Freedoms Park—are moments from your door, creating a unique balance of nature, culture, and urban convenience. ## Property Details - **Property Type**: Co-op - **Beds**: 3 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 1,650 sqft - **Stories**: 20 - **Year Built**: 1975 - **Price per Sqft**: $908 - **Common Charges**: $3,087 / Monthly - **Listed On**: Jul 9, 2026 - **Days on Market**: 83 Days ### Residence Features - Common On Floor - Common Area - Private Outdoor Space Over 60 Sqft - Dishwasher - Hardwood - City - Skyline - See Remarks ### Building Amenities - Sauna ## Estimated Monthly Payment **$10,667 / month**, assuming a 20% down payment ($299,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,580 - **Common Charges**: $3,087 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $1,499,000 - **Median sold price**: $1,395,000 - **Difference**: +$104,000 (+7.5%) - **This home, $/ft²**: $908 - **Median $/ft²**: $842 - **Comparable sales**: 3 - **Sales from**: May 2025 – May 2026 - **Middle half of those sales**: $1,322,500 – $1,554,526 Based on co-op three-bedroom sales in Roosevelt Island. 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 - **Sale-to-list price**: 100% (3 sales) - **Sold below asking**: 33% (3 sales) - **Typical time to close**: 96 days (3 sales) Based on co-op three-bedroom sales in Roosevelt Island with the required listing and closing data. Sample sizes vary by metric. Sales data through May 2026. 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 718 Review the recorded listing activity for 531 Main Street, Unit 718, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $51,000, or 3.3%, on September 10, 2026 - **Originally listed**: July 9, 2026 at $1,550,000 - **Current asking price**: $1,499,000 | Date | Price | Listing event | | --- | --- | --- | | September 10, 2026 | $1,499,000 | Asking price reduced by $51,000, or 3.3% | | July 9, 2026 | $1,550,000 | Listed for sale by Sothebys International Realty | ## 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.