Riverwalk Landing, the waterfront condominium located at 425 Main Street developed by Related Companies and The Hudson Companies, has set a new benchmark for Roosevelt Island real estate with the $2.27 million sale of a penthouse unit. The Island’s previous record stood at $2.09 million, making Riverwalk Landing’s recent activity a significant milestone for the island’s evolving residential market.
“Related, alongside our partners at Hudson Companies, has been building on Roosevelt Island for nearly 30 years and we are proud of the work that went into creating a thriving neighborhood with quality homes, shopping, dining and more where there was once nothing,” said Frank Monterisi, Executive Vice President at Related Companies. “This record-breaking transaction is part of a trio of high-value sales over $2M at Riverwalk Landing and is a testament to the growth of Roosevelt Island and confidence in this unique market.”
The three-bedroom, two-bathroom residences that recently sold – each featuring private outdoor space with sweeping views of Manhattan and Queens – underscore the demand for spacious, amenity-rich homes in a tranquil yet connected setting.
Recent Sales at Riverwalk Landing include:
- PH1C – $2,269,113 (May 2025)
- 11E – $2,100,000 (April 2025)
- 15C – $2,056,682 (July 2024)
“We’re proud to see Riverwalk Landing leading the way in Roosevelt Island’s continued evolution,” said David Kramer, President of The Hudson Companies. “The demand for well-appointed, high-quality homes with outdoor space and access to nature – all without sacrificing convenience – continues to grow, and Riverwalk Landing delivers on all fronts.”
Residents of Riverwalk Landing enjoy a 24-hour concierge, fitness center, children’s playroom, and a rooftop deck with grills and panoramic skyline views. The building’s central location offers immediate access to the waterfront promenade, parks, restaurants, and shops, as well as seamless transit options via the F train, NYC Ferry, and Roosevelt Island Tram. In addition to Riverwalk Landing, the neighborhood also includes a new luxury rental building – Riverwalk Heights – now available for leasing.
“The three sales at Riverwalk Landing mark an exciting time for real estate on Roosevelt Island,” said Jodi Stasse, EVP of New Developments at The Corcoran Group, the building’s exclusive marketing agent.
“Buyers are realizing they can find the space and amenities they crave, all with Manhattan minutes away.”
