Condo sale sets record for Roosevelt Island

Apartment at 415 Main Street sold for $1.87M
September 05, 2017 01:15PM

A condominium on Roosevelt Island sold for $1.87 million, setting a record for the most expensive apartment sold in the neighborhood.

The unit at Related Companies and Hudson Companies-developed 415 Main Street was listed for $2 million back in May, and sold last week, the listing broker told Bloomberg. The previous record for the area was $1.75 million for an identical apartment in the same building, according to the publication.

The apartment has three bedrooms, spans 1,433 square feet and features views of the Manhattan Skyline. Roosevelt Island is 147 acres, and is on the East River between Manhattan and Queens. It is officially within the borough of Manhattan, where the median price of an apartment was almost $1.2 million last quarter, according to appraisal firm Miller Samuel.

In July, Related and Hudson filed plans for the eighth building in their Riverwalk rental complex on the island, a 21-story residential building at 460 Main Street. [Bloomberg]Miriam Hall