Roosevelt Island is perfect for buyers that are looking to purchase a home in one of NYC’s most unique areas. Although it’s located in the East River, the island is a part of Manhattan. This relative isolation has made it one of the cheapest places to buy real estate in the borough with luxury condos and apartments for sale in the neighborhood going for far less than similar listings just across the river, in Midtown. According to the data provided by the United States Census in 2010, the island has a population of 11,700.
For many, Roosevelt Island is an ideal place to raise a family, thanks to its tranquil streets, an abundance of lush greenery, proximity to Manhattan, and its attractive real estate prices.
Residents who live on Roosevelt Island enjoy many great benefits. You’ll find it easy to get to commute via the F train. The island is also well-known for its aerial tram. You’ll get an opportunity to enjoy beautiful views of the island if you choose to get around the city this way. Roosevelt Island has lots of places where you can have a picnic, enjoy a cup of coffee, and enjoy relaxing views of Manhattan. The island has a gallery space where you can see local artwork on display. The gallery space also holds interesting exhibits, festivals, and other types of events annually.
Most of the properties available for sale on Roosevelt Island are condo apartments, but the area also has some co-op buildings. The average apartment in Roosevelt Island usually sells for around $1,300 per square foot.
Roosevelt Island also impresses with its grand architecture. There are several architecturally significant buildings on the island, including the Westview Co-op building, which was designed by Spanish architect Josep Lluis Sert.
All-in-all the island is the perfect place for homebuyers looking for an apartment in a peaceful and verdant setting.