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Roosevelt Island

Roosevelt Island

Urban Core Neighborhood in Manhattan, New York

New York County 10044

$1,082,650 Average Value
$1,014 Average Price per Sq Ft
33 Homes For Sale

Roosevelt Island is a 2-mile-long neighborhood built around water and on the ruins of a former asylum and prison. In honor of President Franklin D. Roosevelt, the islet 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. A former oasis for affordable housing, luxury high-rises have sprung up on the island, offering riverfront views and up-scale amenities like pools, gyms and doorman. 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 islet 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.

Prekindergartners 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. The school has an A-plus for its academics, teaching and college preparation from Niche. In 2017, Cornell Tech, a graduate school and research center of Cornell University, opened on Roosevelt Island.

Lush green space and benches are bountiful on the island. Lighthouse Park is at the island's tippy top and is home to the Roosevelt Island Lighthouse. The Franklin D. Roosevelt Four Freedoms State Park is at the end of the islet. 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, 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.

Wholesome Factory has a mix of prepared meals — like breakfast sandwiches or omelettes, served all day— and pantry staples. 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.

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. 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. If that's what you're looking for in a New York City neighborhood, this might be a great place for you.

Jess Nocera
Written By
Jess Nocera
Glen Mordeci
Photography Contributed By
Glen Mordeci
Adam Lapallo
Video By
Adam Lapallo

Agents Specializing in this Area

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Schools

Source:
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

Interested in learning more about homes in this area? Reach out to Dylan Hoffman, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Laguardia

13 min drive

Subway

Roosevelt Island

Bus

S Loop Rd & W Loop Rd

Bus

Sportspark (East Entrance)

Bus

Octagon Comfort Station

Bus

Tramway Plaza East

Bus

888 Main Street (The Octagon)

Bus

Main St & 502 Main St Youth Ctr

Bus

Bird S Coler Rdy & Hospital (900 Main St)

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

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$815,000
Median 2 Bedroom Price
$990,000
Median 1 Bedroom Price
$685,000
Average Price Per Sq Ft
$1,014
Number of Homes for Sale
33
Last 12 months Home Sales
33
Months of Supply
12.00
Median List Price
$886,392
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
-32%

Home Facts

Number of Homes in Neighborhood
254
Median Year Built
2005
Avg. Single Family Home Size Sq Ft
1,754
Below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,247
Average 1 Bedroom Size Sq Ft
879
Median Lot Size Sq Ft
9,147

Open Houses

  • Sunday, Apr 27
    1:30 - 2:30pm

    531 Main St Unit 12134, New York, NY 10044

    $1,950,000

    • 4 Beds
    • 4 Baths
    • 531 Main St
    • Unit 12134
    • New 8 days ago

    Possible Combination Unit! This is your chance to combine units 1213 and 1214 (both currently individually available for sale) into a 4 bedroom, 4 bathroom approx. 2400 sqft dream apartment! Washer/Dryer is allowed to be installed, and there is room for a full laundry room! The unit would also have its own balcony with direct Manhattan views. Utilities included in maintenance. Square

    Ben Garama Corcoran Group

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  • Sunday, Apr 27
    2 - 4pm

    575 Main St Unit 1408, New York, NY 10044

    $629,000

    • 1 Bed
    • 1 Bath
    • 575 Main St
    • Unit 1408
    • New 10 days ago

    Welcome to apartment 575 Main Street, #1408. Nestled in the Island House Coop, this inviting residence offers a serene retreat from the hustle and bustle of city life, boasting a prime location on a high floor with captivating views of the Manhattan skyline and a picturesque glimpse of the Queens river. This charming home offers a cozy escape from the city buzz, perched up high with views of the

    Kaja Meade Corcoran Group

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  • Saturday, Apr 26
    1 - 3pm

    551 Main St Unit 208, New York, NY 10044

    $920,000

    • 2 Beds
    • 2 Baths
    • 1,181 Sq Ft
    • 551 Main St
    • Unit 208
    • New 24 days ago

    Welcome to Roosevelt Island, the city s best-kept secret, located just one subway stop from Midtown Manhattan! Residence 208 is a stunning duplex featuring 2 bedrooms and 2 full bathrooms, modern finishes and the most breath-taking water and city views! This newly designed home is further elevated by oversized windows, crown moldings, and beautiful hardwood floors. Eastern and Western exposures

    Maria Tabakova Compass

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Dylan Hoffman, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
8,433
Median Age
39
Population Density
59 ppl/acre
Population under 18
20.3%
On par with the national average
23.8%
Population over 65
16.3%
On par with the national average
19.1%

Finances

Median Household Income
$116,192
Significantly above the national average
$71,702
Average Household Income
$152,155

Education and Workforce

High School Graduates
97.3%
College Graduates
79.1%
Significantly above the national average
34.1%
Advanced Degrees
50.7%
Significantly above the national average
13.3%
% Population in Labor Force
63.9%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''

Area Factors

Very Bikeable

Bike Score®

76 / 100

Very Walkable

Walk Score®

82 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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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.
NEIGHBORHOOD
Roosevelt Island