Roosevelt Island’s priciest condo ever is a $2M Unit With A Nice View Of Midtown Manhattan

With a nice view of the midtown Manhattan skyline, the unit at 415 Main Street is the most expensive property ever on the iconic island.

By Team Agorafy September 7, 2017
All Images Credit: Corcoran

After decades of transformation, Roosevelt Island is ready to welcome a new era. And this also includes, residential real estate. The Corcoran Group has listed a three-bedroom condo for $2 million. This is by far the most expensive listing yet.

Once known as the home to a smallpox hospital, a former penitentiary and the defunct New York City Lunatic Asylum, the Island is welcoming new residential developments as well as some hipsters companies. As Cornell Tech officially moves into its new location on Roosevelt Island, today, was announced the partnership between Microsoft and Cornell Tech.

Related:  $55B worth of Houston commercial real estate has been impacted by Hurricane Harvey

The property at 415 Main St. (1,433-square-foot) is a three-bedroom apartment that comes with a nice view of the midtown Manhattan skyline. As reported by Bloomberg, and according to listing broker, Ben Garama of Corcoran Group, the deal was completed Thursday. The unit was sold for $1.87 million, which is considerable higher then the previous record of  $1.75 million on Roosevelt Island from for an identically sized apartment in the same building.

Let’s not forget that a similar deal (three-bedroom apartment in Manhattan) can go for a selling median price of $3.15 million. But on Roosevelt Island, the median price is $786,306. Even though there is a difference in price and location, the Island is becoming a great hub for house buyers.

The inflection point for the Island began with the opening of four Mitchell-Lama apartment complexes with 2,000 price-regulated units. Then other iconic ones such as the WIRE buildings, Westview, Island House, Rivercross and Eastview were completed in the seventies. During that decade, the tram began serving as residents’ only direct link to Manhattan.

Now, the Island is welcoming other projects. For example the 460 Main Street. According to the Real Deal, “the latest Riverwalk rental building is expected to rise 21 stories and include 341 units. The project is part of what will eventually be a nine-building complex, which will add roughly 2,000 new residential units on Roosevelt Island.”

We are sure this won’t be the first or the last record transaction for Island…


Team Agorafy



Our mission is to be the most accurate resource for commercial listings, residential listings, and property information, allowing users to make highly-informed decisions based on current market data.

    Do you know how the so-called “affordable” real estate in New York is getting less affordable by the day whereas the city’s luxury market is softening? #luxury #condo
    One of the most iconic buildings in Boston has officially been sold and hopefully, the iconic station will be upgraded. #Boston #SouthStation
    This week, three of the apartments in the starchitect-designed West Chelsea condo have hit the rental market. #zahahadid #chelsea
Greenland USA Develops Residential And Commercial Properties That Exemplify Modern Living
New York City is experiencing an alarming affordability crisis. For low, moderate, and middle income New Yorkers housing has become a serious challenge, all around…
‘The Back Country Hut Company’ introduces a $45,000 flat pack ‘surf shacks’ for nature lovers
Buying your dream house is always a major process. Even if you try to do your best to go through this journey, there are always…
Fall 2017 New Developments In New York City – Part II
Fall 2017 in New York City means new developments and new housing opportunities. New York City is hosting more than 40 new developments, according to…
Is Westoria New York City’s Newest Neighborhood?
Do you remember the recent talk of the time, when sly real estate agents tried to rename a certain NYC neighborhood? The attempts to to…
Upper West Side Penthouse With The $23.5 Million Price Tag Hits The Market
How would you like having a Museum Of Natural History view from your living room windows? If living next to the Central Park and one…
A Lower East Side Mega Project Essex Crossing Reveals Stunning Renderings
As the construction at the Lower East Side mega project Essex Crossing is being in full swing, the developers have released new renderings showcasing portions of the upcoming multi-site project…
Park and Shore, Jersey City’s Condo Development Hits The Market
Strategic Capital, the investment company of China Construction America, the US subsidiary of China State Construction and Engineering Company, announced this week the launch of…
The Most Walkable City In The United States Is NYC
It’s no surprise that New York City is the most walkable city in the United States. Everything in the Big Apple makes it the ideal…