$369,456
Updated 8 years ago
Sold

Island House

555 Main Street, 408

Roosevelt Island, Manhattan | East 67th Street & East 68th Street

3 Rooms1 Bed1 Bath803 Square FeetCo-op

$369,456
Maintenance$748
Price Per SF
$460

This property was sold for $369,456 on 01/18/19.

Listing Features

  • Abundant Closets
  • Entry Foyer
  • Separate Dining Area
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Galley
  • Microwave
  • Pass Thru Kitchen
  • S Steel Appliances

Outdoor space and views

  • East River
  • Garden Views
  • Partial City
  • Skyline Views
  • South Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Playroom
  • Pool
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 555 Main Street, 408

Experience the best of the City while engaged with a natural paradise away from the hustle and bustle of city life. Located only ONE subway stop, or Tram Ride from the Upper East Side/Midtown, this 1 Bedroom/1 Bath home this unit is exemplary for those seeking comfort and community while surrounded by the marvels of the city. Immerse yourself as you enter into the foyer of your new home; greeted by a large sprawling living/dining area that is lit generously thanks to large spacious windows. As you look South over the garden towards the skyline of Midtown Manhattan, you will feel as if you have stepped into another world. Unit 408 is equipped with full-sized appliances in the pass-through kitchen and ample storage space. The Bedroom is over-sized and features large spacious 3 FT. deep closets along with additional views of the East River, garden and skyline.555 Main Street is situated with Island House, a co-operative community with 24-hour doorman and access to a fitness center and 20-meter lap pool. This sprawling community not only offers a New York lifestyle but also accomplishes in providing access to all the city has to offer at an affordable price. Roosevelt Island's Island House rental building exited the Mitchell Lama program in September 2012. The owner of Island House converted the building to Co-Op ownership and tenants were offered the option to purchase their apartments at below-market prices.The price of $369,455.52 is limited and can't be sold for more per the building's policy.

Building Details for 555 Main Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1975
Financing Allowed80%
Floors/Apts19/400
Learn More About the Building

Transit and Citi Bike

Subway

Roosevelt Island
0.28 miles

Ferry

Roosevelt Island
0.4 miles

Contact Agent

Contact Agent

Tom Baron
Corcoran

Roosevelt Island | Manhattan

Quick Profile

Roosevelt Island is somewhat of an enigma to most New Yorkers. Ask just about anybody and the response you will get is somewhat quizzical. They generally know the location, unless of course, they confuse it with one of the other islands that dot the East River, and that one arrives at the island via the bright red tram that strings across the river from an elevated platform at 59th Street and Second Avenue. But to those who live on this small island enclave, home is bliss and they would prefer to keep their secret to themselves.

Roosevelt Island is only two blocks wide but extends almost two miles long (from 46th Street to 85th Street on the East Side). There is a waterfront promenade, shared by walkers and bikers alike, that encircles the entire island. There are very few cars, no need for the locals to drive, except maybe to the Gristedes mega-supermarket on the north end of the island. There is a red bus, free to all, that continuously loops from one end of the island to the other.  

Aside from the glorious promenade, the island has an inordinate number of parks, ball fields, t playgrounds, and open areas to just sit and relax. There is even a large community garden offering individual plots to amateur horticulturists. Tranquility is always just a moment away. And of course, you just can’t stop watching the barges that effortlessly pass by the island throughout the day.

There is a deep sense of community among the 12,000 or more residents of the island. The residential component, excluding the Cornell Tech component, consists of four areas, each on the north side of the Queensboro Bridge. Upon exiting the tram, one spills out onto Main Street (almost like arriving at Disney World) and is presented with nine buildings that align both sides of the street. These modern structures, the first of which opened in 2003, are architecturally pleasing and surrounded by green space and beautiful landscaping. The older housing structures, further south, are far more utilitarian.

Access to the island has never been better. Yes, for those who don’t know, you can even drive here if you must via the Roosevelt Island Bridge from 36th Avenue in Queens. The island is also accessible by subway, bus and ferry service.

If there is one drawback, it is the limited selection of stores and restaurants. While the island provides residents with the essentials, the lack of a truly sustainable retail presence has been a downer.   

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.
OLR ID: 1756184