508 Main Street
Building overview
Data as of Oct 1, 2026
Based on open violations, 311 complaint patterns, and amenities.
Compared to typical rent for this neighborhood and bedroom count.
Highlights
What's great about this place
- Quieter than average for the neighborhood0 noise complaints in past year (vs 8 median)
Things to Know
Real considerations before you sign
- Open critical violations5 Class C (immediately hazardous)
- Significant issues across building dataSee violation history below for details
About this building
A 16-story building located in Upper East Side-Lenox Hill-Roosevelt Island, containing 1003 residential units. Built in 1969.
The neighborhood: Roosevelt Island
Manhattan · 71 buildings tracked
Median asking rent: $4,088 1BR · $5,298 2BR
1 subway station nearby
Available Units
6 active · 20 past listings
Safety & Violations
Safety Record
Active Violations
Higher than typical for this neighborhood (35 vs 1 average per building).
Top issues
- Lead Paint8
- Water/Plumbing7
- Structural6
Severity Key
- Class C: Immediately Hazardous (Major)
- Class B: Hazardous (Moderate)
- Class A: Non-Hazardous (Minor)
- Safety
C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT THE FIRST FIRE DOOR FROM EAST AT SOUTH COMPACTOR CLOSET AT COMPACTOR CLOSET, 4th STORY, SECTION ''510'', 2nd FROM WEST AT NORTH
Sep 25, 2026Class C - Pests
ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 417, 4th STORY, 9th APARTMENT FROM SOUTH AT WEST , SECTION ''510''
Jun 8, 2026Class C - Heat/Hot Water
HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 1304, 13th STORY, 12th APARTMENT FROM EAST AT SOUTH
Apr 24, 2023Class C - Heat/Hot Water
HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 110, 1st STORY, 9th APARTMENT FROM EAST AT SOUTH
Apr 3, 2023Class C - Heat/Hot Water
HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 105, 1st STORY, 5th APARTMENT FROM EAST AT SOUTH
Mar 29, 2023Class C
Market Value Estimate
Statistical estimate based on publicly available listing data. Not an appraisal. See disclaimer.Market data as of Oct 1, 2026.
Comp Matrix
| Unit Type | This Bldg | Area Avg | Diff. |
|---|---|---|---|
| Studio | $2,678 | $3,625 | -26% |
| 1 Bed | $3,400 | $4,088 | -17% |
| 2 Bed | $4,495 | $5,297.5 | -15% |
| 3+ Bed | $5,300 | $6,800 | -22% |
Value Verdict
Deal
Rents are 9% lower than the neighbourhood average.
Rent vs. Buy Analysis
Rent
$3,731
Building Avg
Buy
$5,111
Est. Monthly Carry
Renting Saves ~$16,560/yr
Compared to buying a similar unit in this neighbourhood.
How is this calculated?+
Estimated monthly carry is the building's average rent multiplied by 1.37x — a rough heuristic for what an equivalent purchase would cost per month. The 1.37 figure approximates principal + interest on a 20% down loan at 6-7% mortgage rates, plus typical NYC property taxes, homeowner insurance, and maintenance reserves.
Annual savings is the difference between this estimated monthly carry and the building's average rent, multiplied by 12.
This is an approximation, not a per-building mortgage calculation. A full rent-vs-buy calculator with explicit inputs (down payment, rate, taxes, appreciation) is on the roadmap. See accuracy disclaimer.
Management & Operations
Management & Performance
Owner/Operator
ROOSEVELT ISLAND OPERATING CORPORATION
Responsiveness Score
Average time to resolve violations
Slower than NYC average (45 days)
We haven't verified this building's policies yet. Pet, utility, and leasing details appear here once we've reviewed the management company's official site — we only show policies we can source, never assumptions.
Living here — quick answers
Every answer comes from public records for this specific building — we skip questions we can't answer with data.
- How well maintained is this building?
- There are 35 open HPD violations on record, including 5 Class C (the city's most serious category). That's higher than typical for the neighborhood (1 average per building).
- How noisy is this building?
- Neighbors filed 0 noise complaints with 311 in the past year — none on record for this building.
- How responsive is management to problems?
- Resolved violations at this building closed in about 117 days on average (NYC average is roughly 45 days). Open items are listed in the Safety & Violations section above.
- What does it cost to live here?
- We don't have current listings for this building. Typical asking rent in Roosevelt Island is about $4,088/month for a one-bedroom.