Roosevelt Island Real Estate

Roosevelt Island is a narrow island in the East River. It lies between the boroughs of Manhattan and Queens, though it's considered part of the borough of Manhattan. Most of the buildings on the island are rental residences, though a co-op (Rivercross) and a luxury condo (Riverwalk Place) can be found here as well.

The island's residential community was developed as a car-free zone—the intent was that residents would park in a large garage and use public transportation to get around. Though automobile traffic has become common, many areas of the island remain car-free. Businesses like Starbucks and Duane Reade cater to residents as do a handful of restaurants and cafes, and there's a local branch of the New York Public Library. Roosevelt Island even has its own newspaper, the WIRE.

The island is accessible from the rest of the city using the Roosevelt Island Tramway or the 63rd Street subway line and an MTA bus route runs between the island and Astoria. The Octagon—a 500-unit luxury building—in addition to the aforementioned Riverwalk condominium, has brought an influx of young residents to the island, making this a more desirable neighborhood option for families and others who want convenience and more space at lower prices than they'd find across the river in Manhattan.