$1,126,080Average Value$1,001Average Price per Sq Ft21Homes For Sale
Roosevelt Island is a growing island community in the East River
Sitting in the middle of the East River, only a short distance from both Manhattan and Queens, Roosevelt Island can feel surprisingly distant from the rest of the city, like its own self-contained world. Roosevelt Island is a 2-mile-long neighborhood built on the ruins of a former asylum and prison. In honor of President Franklin D. Roosevelt, the island took on the name Roosevelt Island in 1973. Roosevelt Island has seen growth and an influx of new residents in the past 15 years or so.
Housing cooperatives and apartments with skyline views
A former oasis for affordable housing, luxury high-rises have sprung up on the island, offering riverfront views and upscale amenities like pools, gyms and doormen. Westview, a newly renovated cooperative, and Rivercross, the island's first privatized housing cooperative, offer residents the luxuries of city living in a tucked-away, quiet setting. Apartment complexes are scattered around the island, providing housing for Cornell Tech graduate students. Unit prices on the island typically range between $750,000 and $2 million. No matter where you live on Roosevelt Island, you will wake up and fall asleep to unparalleled views of the Manhattan skyline.
Parks, green spaces and historic sites for recreation
Lush green space and benches are bountiful on the island. Lighthouse Park is at the island's top and is home to the Roosevelt Island Lighthouse. The Franklin D. Roosevelt Four Freedoms State Park is at the end of the island. This memorial park draws its name from one of Roosevelt’s State of the Union addresses, where he described his vision for the world to be founded on four freedoms: freedom of speech and worship and freedom from want and fear. The park also memorializes a former smallpox hospital. Residents and visitors can walk the grounds. The building, listed on the National Register of Historic Places, still stands in ruins on the island. Roosevelt Island is also home to the Blackwell House, a 1796 wooden cottage built for the Blackwell family, who owned Roosevelt Island for several generations. On the house’s grounds, you will find various playground equipment and a basketball court. Play flag football or lacrosse under the Ed Koch Queensboro Bridge at Firefighters Field. Bring your four-legged pal to Octagon Dog Run. After your pups have some quality outdoor time, head to Pony Field or Jack McManus Fields to play soccer or baseball with your neighbors. Grab your gardening tools and plant alongside your peers at Roosevelt Island Garden Club's 132-plot community space.
Kids can attend highly rated high schools in Manhattan
Pre-kindergartners through eighth graders can attend the Roosevelt Island School without leaving the island. Students attending Roosevelt Island School, a New York City public school, hail from at least 60 countries. For high school, students must head to Manhattan and can attend one of several secondary institutions, including Eleanor Roosevelt High School, one of the closest options. Eleanor Roosevelt High School is a highly regarded NYC public school, earning an A-plus rating from Niche for its academics, teaching and college preparation. In 2017, Cornell Tech, a graduate school and research center of Cornell University, opened on Roosevelt Island.
On-island restaurants and amenities
Wholesome Factory has a mix of pantry staples and prepared meals like breakfast sandwiches or omelets. Other choices include a ramen shop, a Mediterranean eatery and a Mexican spot. Sip on a martini and enjoy oysters at the Panorama Room, a rooftop lounge at the Graduate Hotel. When running errands, the island has a Foodtown for groceries, a Duane Reade Pharmacy and a liquor store.
A tram service helps residents get around the island
While Roosevelt Island is not car friendly, those with cars can get off the island via the Roosevelt Island Bridge to reach Queens, Brooklyn and Long Island. Public transportation is available on the island primarily through a tram service. The Roosevelt Island Tramway is the oldest urban commuter service of its kind in the United States.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Roosevelt Island neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Roosevelt Island
US
Homicide
1
4
Sexual Assault
4
4
Assault with Weapon
2
4
Robbery
3
4
Burglary
1
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Roosevelt Island Demographics and Home Trends
On average, homes in Roosevelt Island, Manhattan sell after 162 days on the market compared to the national average of 53 days. The median sale price for homes in Roosevelt Island, Manhattan over the last 12 months is $885,000, up 4% from the median home sale price over the previous 12 months.
With tax abatement in place-fully abated through June 30, 2027, with a gradual phase-in of 20% per year until expiration in 2031/2032-this is a rare opportunity to own a premium home with long-term savings. There is a $354/month assessment for the months of 2025. This is a rare chance to purchase from the sponsor, The Hudson Companies and The Related Companies, in a highly sought-after
Recently refreshed, this unit now boasts all new stainless steel appliances, contemporary lighting fixtures, sleek countertops, brand new flooring, and a fresh coat of paint throughout. With tax abatement in place-fully abated through June 30, 2027, with a gradual phase-in of 20% per year until expiration in 2031/2032-this is a rare opportunity to own a premium home with long-term savings. There
Welcome to 555 Main Street #1710. This fantastic 3-bedroom, 2.5-bath duplex truly feels like a home you would find outside the city. Pay attention to the LOW monthly maintenance here. You're getting more square footage than you can almost anywhere else in the city for this maintenance. This unit also has an external storage unit. The standout feature of this duplex apartment is the view.
Neighborhood. Wellness. Tranquility. Beauty. Comfort. Hospitality. Connectivity. Opportunity. A balanced lifestyle is not something you find but something you create. The oasis at The Octagon of creature comforts and limitless opportunity on Roosevelt Island have been carefully curated to strike in harmony; serve and delight all the parts that make youyou. Committed to wellness and tranquility
Rare Penthouse with Spectacular Manhattan & River ViewsThis is a once-in-a-lifetime opportunity to rent one of only two penthouse-level, three-bedroom homes at Riverwalk Court. Spanning 1,433 sq. ft., this residence boasts floor-to-ceiling windows that frame breathtaking panoramic views of the Manhattan skyline and river, stretching west and north.Designed for luxurious living,
New South-Facing 1 Bedroom Apartment in one of the Most Desirable Condo Buildings on Roosevelt Island!The Apartment Features Hardwood Floors, Washer/Dryer In-Unit, Separate Dining Area, Granite Counter Tops, Stainless Steel Appliances, Marble Bathrooms, and More. This apartment also has tons of closets, and views of the bridge!Riverwalk Place is a full service building with
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
