$895,000
$50K PRICE DROP

Estimated payment $5,786/month

Total Views 10,853
2 Beds
1 Bath
787 Sq Ft
$1,137 Price per Sq Ft

Highlights

  • Concierge
  • 1-minute walk to Roosevelt Island
  • River View
  • P.S. Is 217 Roosevelt Island Rated A
  • Rooftop Deck
  • 1-minute walk to Southtown Dog Run

About This Home

The only converted 2-bedroom condo apartment for sale on Roosevelt Island. Priced as a 1-bedroom.

True 2-bedroom apartments on the Island typically start at around $1.3M. There is no 1-bedroom apartment currently for sale on Roosevelt Island that can be converted into a 2-bedroom.

If you're looking for a functional 2-bedroom under $900K, this is your only option.

NO real estate taxes until June 2027. Then the tax abatement is in place through 2032

Apartment Highlights:

Bright and spacious 2-bedroom, 1-bath home with expansive city and river views Open-concept living/dining area with large windows and abundant natural light Primary bedroom with generous closet space and elegant lighting Second room (10" 7'), perfect for a home office or guest room Modern open kitchen with granite countertops, stainless steel appliances, and breakfast bar Newly replaced in-unit washer/dryer for ultimate convenience Hardwood floors throughout and ample storage space

Building Highlights - Riverwalk Landing

Luxury condominium built in 2007 by The Related Companies 24/7 concierge, resident manager, and excellent building staff Fitness center, residents" lounge, and children's playroom Furnished rooftop terrace with BBQ grills and panoramic skyline views Bike room and additional storage units (waiting list)

Prime Roosevelt Island Location

425 Main Street offers the best of both worlds the tranquility of Roosevelt Island with quick access to the vibrant energy of Manhattan. The building is surrounded by parks, waterfront promenades, and lush green spaces, creating a peaceful urban retreat.

Residents enjoy nearby conveniences, including grocery stores, caf s, restaurants, Duane Reade, and the New York Public Library. Sports and recreation lovers will appreciate the tennis courts, soccer and baseball fields, basketball courts, and playgrounds all within walking distance.

Unmatched Transportation Convenience

Steps from the F train - One stop to Manhattan Roosevelt Island Tram - A 4-minute scenic ride to 59th St. & 2nd Ave. NYC Ferry - Quick access to Brooklyn, Queens, and Manhattan Free Red Bus - Circulates the island every 15 minutes Easy access to the Q Line at 63rd & Lexington Nearby Island parking garages available

Tax Abatement is in place. Taxes Fully Abated through June of 2027, gradual phase-in of 20% each year until abatement expires in tax year 2031/2032.

There is an assessment of $266

With its stunning views, modern amenities, and unbeatable location, this apartment is a rare find. Experience the best of Roosevelt Island living-schedule a showing today!

Listing Agent

Dmitry Stasyuk

Vesna Realty License #10491211298 Listed on: 02/22/2025

Co-Listing Agent

Maria Pogarskaya

Vesna Realty License #10301209150

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

HOA Fees

  • $886 Monthly HOA Fees

Property Views

  • River

Home Design

  • 787 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • South Facing Home
  • No Cooling
  • Basement

Listing and Financial Details

  • Legal Lot and Block 1430 / 01373

Community Details

Overview

  • 224 Units
  • High-Rise Condominium
  • Riverwalk Landing Condos
  • Roosevelt Island Subdivision
  • 16-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Children's Playroom

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$886 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Roosevelt Island
  • Entry Level: 10
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Fireplace: No
  • Living Area: 787.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: Bridge(s), City Lights, City, River
  • View: Yes
  • Exterior Features: Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 886.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: R7-2

Building Info

  • New Construction: No
  • Building Name: Riverwalk Landing
  • Units: 224
  • Total Stories: 16
  • Year Built: 2007

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01373
  • Tax Lot: 1430

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $89,422 $8,294 $81,128
2024 -- $84,110 $8,294 $75,816
2023 $0 $80,664 $8,294 $72,370
2022 $0 $77,404 $8,294 $69,110
2021 $0 $77,405 $8,294 $69,111
2020 $0 $85,695 $8,294 $77,401
2019 $0 $83,769 $8,294 $75,475
2018 $0 $80,843 $8,294 $72,549
2017 $0 $79,427 $8,294 $71,133
2016 $0 $76,615 $8,294 $68,321
2015 -- $74,591 $8,294 $66,297
2014 -- $71,542 $8,294 $63,248
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $895,000 -1.5% $1,137 / Sq Ft
03/22/2025 03/22/25 Price Changed $909,000 -3.8% $1,155 / Sq Ft
02/22/2025 02/22/25 For Sale $945,000 +8.0% $1,201 / Sq Ft
08/01/2019 08/01/19 Sold $875,000 0.0% $1,112 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $875,000 -- $1,112 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $875,000 --
Deed $537,140 --
Deed $583,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,500 New Conventional
Previous Owner $367,500 No Value Available
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20004766

Real Estate Board of New York (REBNY)

APN: 1373-1430