--- title: "Roosevelt Island Neighborhood Advisory & Market Dossier" description: "Explore Roosevelt Island in Manhattan, NYC. Find real estate listings, neighborhood information, and exclusive rebates on properties in Roosevelt Island" url: "https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island" source: "Real Estate Rebate Team" --- Real Estate Rebate Team Licensed Broker NY & NJ · License: 10491211335 NEIGHBORHOOD ADVISORY # Roosevelt Island Manhattan · New York City 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 inter... [View Listings](https://realestaterebatesnewyork.com/#listings)[Schedule a Private Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#96fff8f0f9d6e4f3f7fabbf3e5e2f7e2f3bbe4f3f4f7e2f3b8f5f9fb) Private guidance on property type, pricing, building quality, monthly costs, and eligible Buyer Advantage opportunities. CURRENT INVENTORY ## Homes for Sale in Roosevelt Island Browse current Roosevelt Island listings, including condos, co-ops, luxury residences, and select townhouse-style properties. [View All 25 Roosevelt Island Listings→](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/roosevelt-island-manhattan) [Residential  Roosevelt Island, Manhattan ### 415 Main Street #4G, New York, NY 10044 3 Beds · 3 Baths · 1,433 sqft$1,795,000Estimated Buyer Advantage$44,875*Courtesy of Compass](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/415-main-street-g-4G-ny-10044)[Residential  Roosevelt Island, Manhattan ### 455 Main Street #4GH, New York, NY 10044 2 Beds · 2 Baths · 1,344 sqft$1,599,000Estimated Buyer Advantage$39,975*Courtesy of Compass](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/455-main-street-gh-4GH-ny-10044)[Residential  Roosevelt Island, Manhattan ### 531 MAIN Street #920, New York, NY 10044 2 Beds · 2 Baths$1,300,000Estimated Buyer Advantage$32,500*Courtesy of Corcoran Group](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/531-main-street-920-ny-10044)[Residential  Roosevelt Island, Manhattan ### 425 Main Street #4-E, New York, NY 10044 2 Beds · 2 Baths · 1,008 sqft$1,289,000Estimated Buyer Advantage$32,225*Courtesy of VORO NYC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/425-main-street--e-4E-ny-10044)[Residential  Roosevelt Island, Manhattan ### 555 Main Street #1315, New York, NY 10044 3 Beds · 3 Baths · 1,600 sqft$1,280,000Estimated Buyer Advantage$32,000*Courtesy of Compass](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/555-main-street-1315-ny-10044)[Residential  Roosevelt Island, Manhattan ### 531 Main Street #409, New York, NY 10044 2 Beds · 2 Baths$1,200,000Estimated Buyer Advantage$30,000*Courtesy of Compass](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10044/531-main-street-409-ny-10044) PROFILE GUIDE ## Neighborhood Overview ### Overview of Roosevelt Island **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. ### Real Estate & Housing Market 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. ### Lifestyle & Community 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. ### Transportation & Accessibility **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. ### Parks, Schools & Amenities 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. ### Who This Neighborhood Is Best For 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. Active Listings25 Profiled Buildings8 Property TypesCondos · Co-ops · Luxury Towers Buyer AdvantageAvailable Where Eligible FEATURED BUILDINGS ## Buildings in Roosevelt Island Review profiled Roosevelt Island buildings, current availability, starting prices, and eligible Buyer Advantage opportunities. [View All 8 Buildings→](https://realestaterebatesnewyork.com/buildings?cityRegion=Manhattan) [2 Active Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-court)New York City[### Riverwalk Court](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-court) Manhattan · Condominium · Built 2007 From $1,000,000 Estimated Buyer AdvantageUp to $44,875 at Closing [Schedule A Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#3d54535b527d4f585c5110584e495c4958104f585f5c4958135e5250)[View Building→](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-court) [2 Active Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-place)New York City[### Riverwalk Place](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-place) Manhattan · Condominium · Built 2004 From $800,000 Estimated Buyer AdvantageUp to $39,975 at Closing [Schedule A Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#fd94939b92bd8f989c91d0988e899c8998d08f989f9c8998d39e9290)[View Building→](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-place) [3 Active Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/531-main-street)New York City[### 531 Main Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/531-main-street) Manhattan · Stock Cooperative · Built 1975 From $1,050,000 Estimated Buyer AdvantageUp to $32,500 at Closing [Schedule A Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#87eee9e1e8c7f5e2e6ebaae2f4f3e6f3e2aaf5e2e5e6f3e2a9e4e8ea)[View Building→](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/531-main-street) [4 Active Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-landing)New York City[### RIVERWALK LANDING](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-landing) Manhattan · Condominium · Built 2006 From $835,000 Estimated Buyer AdvantageUp to $32,225 at Closing [Schedule A Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#177e797178576572767b3a7264637663723a6572757663723974787a)[View Building→](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/riverwalk-landing) [5 Active Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/island-house)New York City[### Island House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/island-house) Manhattan · Stock Cooperative · Built 1975 From $425,000 Estimated Buyer AdvantageUp to $32,000 at Closing [Schedule A Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#6801060e07281a0d0904450d1b1c091c0d451a0d0a091c0d460b0705)[View Building→](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/island-house) [3 Active Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/555-main-street)New York City[### 555 Main Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/555-main-street) Manhattan · Stock Cooperative · Built 1975 From $890,000 Estimated Buyer AdvantageUp to $29,500 at Closing [Schedule A Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#7c15121a133c0e191d1051190f081d0819510e191e1d0819521f1311)[View Building→](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/555-main-street) BUYER ADVISORY ## What to Review Before Buying in Roosevelt Island Before making an offer, buyers should evaluate property type, building quality, monthly carrying costs, pricing context, resale positioning, and eligible Buyer Advantage opportunities. ### Property Type Compare condos, co-ops, resales, new developments, and select townhouse-style properties, including ownership structure, approval process, and financing considerations. ### Building Quality Review building age, amenities, management, monthly charges, assessments, financial health where available, and long-term resale positioning. ### Pricing Context Evaluate current inventory, recent sales, building-by-building competition, price-per-square-foot, buyer demand, and negotiation leverage. ### Closing Strategy Review closing costs, lender requirements, board or sponsor terms, contract considerations, and eligible Buyer Advantage opportunities before committing. GEOGRAPHIC LAYOUT ## Location & Points of Interest EXPLORE NEIGHBORING REGIONS ## Nearby Neighborhoods [Manhattan ### Upper East Side Explore Neighborhood→](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)[Queens ### Long Island City Explore Neighborhood→](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city)[Manhattan ### Midtown Explore Neighborhood→](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)[Queens ### Astoria Explore Neighborhood→](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/astoria)[Manhattan ### Central Park Explore Neighborhood→](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)[Manhattan ### Murray Hill Explore Neighborhood→](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) BUYER FAQ ## Roosevelt Island Frequently Asked Questions Is it part of Manhattan? Politically, yes. It is part of the Borough of Manhattan (New York County), though it sits in the East River. Can I drive there? Yes, you can drive onto the island via the Roosevelt Island Bridge from Astoria, Queens. There is no bridge for cars directly from Manhattan. Is the Tram free? It costs the same as a subway ride and accepts OMNY/MetroCard. It is part of the MTA system. Is it safe? Yes, it is statistically one of the safest neighborhoods in New York City, with its own public safety force. Are there good schools? Yes, PS/IS 217 is located right on the island, making it very convenient for local families. Is it boring? It is very quiet. If you want nightlife, this is not the place. If you want peace, river views, and cherry blossoms, it is perfect. What is Cornell Tech? It is a graduate campus of Cornell University focusing on technology and entrepreneurship, located on the southern end of the island. PRIVATE BUYER ADVISORY ## Considering a Home in Roosevelt Island? Get private guidance before you search, tour, negotiate, or submit an offer. Work with Régis to evaluate property type, pricing, building quality, monthly costs, and eligible Buyer Advantage opportunities.​ [Schedule a Private Consultation](https://realestaterebatesnewyork.com/cdn-cgi/l/email-protection#92fbfcf4fdd2e0f7f3febff7e1e6f3e6f7bfe0f7f0f3e6f7bcf1fdff)[View Listings](https://realestaterebatesnewyork.com/#listings) Chat with us on WhatsApp ```json {"@context":"https://schema.org","@type":"RealEstateAgent","@id":"https://realestaterebatesnewyork.com/#organization","name":"Real Estate Rebate Team","alternateName":"Real Estate Rebate NYC","url":"https://realestaterebatesnewyork.com","logo":"https://realestaterebatesnewyork.com/logo_black.png","image":"https://realestaterebatesnewyork.com/logo_black.png","description":"Real Estate Rebate Team is a licensed NYC residential brokerage helping buyers compare condos, co-ops, penthouses, townhouses, new developments, sponsor units, closing costs, mansion tax exposure, and potential buyer savings at closing.","email":"info@real-estate-rebate.com","telephone":"+1-315-514-0164","address":{"@type":"PostalAddress","streetAddress":"257 13th Street","addressLocality":"Brooklyn","addressRegion":"NY","postalCode":"11215","addressCountry":"US"},"geo":{"@type":"GeoCoordinates","latitude":40.6643,"longitude":-73.9904},"priceRange":"$$$","areaServed":{"@type":"City","name":"New York","@id":"https://en.wikipedia.org/wiki/New_York_City"},"sameAs":["https://www.facebook.com/profile.php?id=61550227271910","https://www.instagram.com/real_estate_rebate_team2023/","https://www.linkedin.com/in/real-estate-rebate-team-a8201526b/","https://x.com/Realrebate10011","https://www.tiktok.com/@realestaterebateteam"]} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://realestaterebatesnewyork.com/"},{"@type":"ListItem","position":2,"name":"Neighborhoods Guide","item":"https://realestaterebatesnewyork.com/neighborhoods"},{"@type":"ListItem","position":3,"name":"Manhattan","item":"https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan"},{"@type":"ListItem","position":4,"name":"Roosevelt Island","item":"https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island"}]} {"@context":"https://schema.org","@type":"Place","name":"Roosevelt Island","description":"Overview of Roosevelt Island Roosevelt Island is an impossibly quiet, 2-mile sliver of land in the East River, sitting between Manhattan and Queens. 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