Listing Courtesy of POWERED BY DMT LLC
$1,350,000
Potential Rebate: $20,250
Welcome to Island House, where serene waterfront living meets city convenience—just 90 seconds to Midtown Manhattan on the F train, or a short scenic ride via the Tram or Ferry.
This light-filled three-bedroom duplex offers the perfect blend of form and function, with refined finishes and a spacious layout. The upper level features a sun-filled living and dining area anchored by an open chef’s kitchen, complete with Viking stainless steel appliances, custom cabinetry, and a generous breakfast bar. Thoughtfully laid out for privacy and comfort, all three bedrooms are quietly situated on the lower level, providing a distinct sense of separation between entertaining and private living spaces.
Island House offers full-service amenities, including a 24-hour doorman, fitness center, access to an indoor pool, bike storage, package room, laundry on multiple floors, a beautifully landscaped courtyard, playground, dog run, and more.
Enjoy the calm of Roosevelt Island with quick, effortless access to Manhattan. This is a sponsor sale with no board package or coop board approval required.
$8,473 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$20,250
Monthly savings impact
$56/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).
2.5%
Experience
Member
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. ©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 POWERED BY DMT LLC
Data Source: TRESTLE #RLS20040655

Compare average listing prices and value metrics for 555 Main Street against the surrounding Roosevelt Island market.
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.
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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