Why Live in Roosevelt Island
Roosevelt Island, a 2-mile-long neighborhood in New York, offers a unique living experience with its rich history and modern amenities. Named in honor of President Franklin D. Roosevelt in 1973, the island has transformed from its past as an asylum and prison site to a thriving residential area. The neighborhood features luxury high-rises with riverfront views, upscale amenities, and renovated cooperatives like Westview and Rivercross. Housing options also cater to Cornell Tech graduate students. Residents enjoy stunning views of the Manhattan skyline from any location on the island. For education, prekindergartners through eighth graders attend the Roosevelt Island School, while high school students often go to the highly regarded Eleanor Roosevelt High School in Manhattan.
Roosevelt Island boasts several attractions, including the Franklin D. Roosevelt Four Freedoms State Park, Lighthouse Park, and the historic Blackwell House. Recreational facilities are plentiful, with playgrounds, sports fields, and the Octagon Dog Run. The island also has a community garden club. Dining options range from Wholesome Factory’s prepared meals to various international cuisines and the Panorama Room rooftop lounge. Essential services are covered with a local grocery store, pharmacy, and liquor store. While the island is not car-friendly, the Roosevelt Island Tramway provides convenient public transportation, connecting residents to Manhattan and Queens. Roosevelt Island offers a tranquil, self-contained environment with easy access to the city's amenities.
Home Trends in Roosevelt Island, NY
On average, homes in Roosevelt Island, Manhattan sell after 175 days on the market compared to the national average of 52 days. The median sale price for homes in Roosevelt Island, Manhattan over the last 12 months is $970,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$970,000
Median Single Family Sale Price
$385,000
Median 2 Bedroom Sale Price
$1,150,000
Median 1 Bedroom Sale Price
$698,000
Average Price Per Sq Ft
$998
Number of Homes for Sale
25
Last 12 months Home Sales
37
Median List Price
$960,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%