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531 Main Street 504New York, NY 10044

For Sale

$290,000

Smart Buyer Rebate - Ask

Stunning Opportunity to embrace Roosevelt Island Living!

Discover the incredible potential awaiting you in Apartment 504, a generously proportioned studio cooperative nestled on the desirable and tranquil Roosevelt Island. This unique home offers an unparalleled chance to craft your dream urban retreat, boasting a desirable layout that includes a rare and highly convenient one and one-half bathrooms.

Bask in exceptional natural light throughout the day, thanks to the apartment's prime positioning. The main living area features a bright, east-facing exposure, perfect for welcoming the morning sun, complemented by an additional window facing south, providing delightful ambient light and charming city glimpses. The superb light quality enhances the already spacious feel of this large studio.

This is your chance to reimagine the space entirely, allowing you to customize the residence to your exact specifications and luxury standards. The strong foundation is here—all that's needed is your creative vision to realize its spectacular potential.

Roosevelt Island offers a unique lifestyle with easy access to Manhattan, beautiful waterfront parks, and a close-knit community. Seize this exciting opportunity to create a bespoke, one-of-a-kind home in an unbeatable island location.

Schedule your appointment to view today!

**Photos are virtually staged

Modern Spaces exclusively lists this property.

Listed by Alan Lupiani

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Modern Spaces

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(917) 613-8135

Last updated November 16, 2025

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Source: REBNY #RLS20060127

Listing Facts

  • TypeCo-op
  • NeighborhoodRoosevelt Island
  • Bathrooms1.5
  • Days on Prevu3
  • HOA/Maint. Fees$1,511/month
  • Size658 sqft
  • Price per sqft$441

Amenities

  • Pets Allowed
  • Concierge
  • Pied-A-Terre Allowed

Location

Mortgage Calculator

Listing History

11/16/2025
Listed by Modern Spaces
$290,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $290,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 531 Main Street 504

Association

Amenities

  • Concierge: Concierge Full Time, Doorman Full Time, Lobby Attendant Full Time

Fees

  • Association Fee: $1,511.00 Monthly

Financial

  • Flip Tax: 45.0%
  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Stories Total: 20
  • Structure Type: High Rise
  • Year Built: 1976
  • Entry Level: 5

Features

  • Building Features: Elevator(s)

Interior

Features

  • Interior Features: Entrance Foyer

Measurements

  • Living Area: 658
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Roosevelt Island
  • Tax Block: 1373
  • Tax Lot: 0040

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.