Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $478K/room ▴19%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%FiDi $1,172/sf ▾2%
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Condominium · 2006
SOMA
116 West 22nd Street, New York, NY 10011
Buildings·Chelsea·Condominium

116 West 22nd Street (SOMA)

116 West 22nd Street, New York, NY 10011

Chelsea

BBL 1007977506 · BIN 1087534

CorridorChelsea
At a glance
Year built
2006
Type
Condominium
Units
10
Floors
10
Landmark
No
The Data Room

Every recorded sale at this building, 2007–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,315
Listing discount
2.1%
Recorded sales
24
On record
2007–2026
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at SOMA would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

SOMA is a narrow Chelsea condominium organized around ten loft-style residences. Keyed elevator access opens directly into apartments, and large windows span the principal living rooms. Upper duplexes add double-height space and terraces, while conventional full-floor homes occupy the middle of the building.

The building dates to the mid-2000s residential development cycle along West 22nd Street. Its original lobby design used bamboo and a reflecting pool, carrying a planted, water-focused entrance treatment into a compact street frontage. The residential program emphasized open interiors and private outdoor areas.

A fitness room, storage and remote entry service provide shared facilities within a small association. These services occupy a limited portion of the building; most of its usable space is within the individually owned homes.

Architecture and unit composition

The conversion added six stories to an existing four-story building. The resulting ten-story structure received DOB sign-off in 2017, after the condominium had entered the market.

The main loft floors include two-bedroom layouts with open kitchens and broad living-and-dining areas. Their floor-to-ceiling windows face toward West 22nd Street, while rear portions of the plans can include south-facing terraces. Elevator entry leads directly into the apartment's circulation space.

Penthouse duplexes place internal stairs beside double-height living rooms. Large glazed openings bring light through both levels, and private terraces extend the upper homes outside the principal enclosure. Their internal height and staircase distinguish these layouts from the single-level loft floors below.

A lower duplex adds another configuration to the building's apartment mix. Across the condominium, private outdoor areas differ in size and position, and renovations have changed some original room divisions. Laundry is installed within residences, with dedicated laundry rooms in some layouts.

Gas fireplaces occur in the loft interiors. Their placement, together with the keyed elevator and perimeter windows, forms part of the fixed arrangement around which owners have reconfigured kitchens, closets and bedrooms.

Building operations

The entrance uses virtual-doorman service. A package closet supports deliveries, and the fitness room and resident storage provide functions outside the apartments. The building's ten residential tax lots are individually assessed in Tax Class 2C.

Direct elevator access is a material part of the service model. The lift supplies each upper residence's primary arrival route, and its maintenance is shared across a small number of owners. Private terraces sit alongside common building elements, so their decking, drainage and exterior enclosure may have different maintenance allocations.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

DateUnitApartmentPricePPSFvs. Ask
Jun 24, 20265
2 BR · 2 BA · 1,555 sf
$2,500,000$1,608/sf-6.5%
May 5, 20263
2 BR · 2.5 BA · 1,746 sf
$1,785,000$1,022/sf-20.7%
Mar 18, 2025PHA
1 BR · 1.5 BA · 1,205 sf
$1,800,000$1,494/sf-1.4%
Jun 6, 20231
2 BR · 2 BA · 1,366 sf
$1,640,000$1,201/sf-6.2%
Jun 6, 2023DUPLEX1
2 BR · 2 BA · 1,366 sf
$1,632,000$1,195/sf-6.7%
Aug 28, 20185
2 BR · 1,600 sf
$2,150,000$1,344/sf-4.4%
Nov 30, 20176
2 BR · 1,567 sf
$2,190,000$1,398/sf-8.6%
Feb 2, 20177
2 BR · 1,567 sf
$2,320,000$1,481/sfoff-mkt

Market read. Most recent trades (2026) cleared a median $1,315/sf across 2 sales. Median listing discount 2.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

5 · 1,555 sf+41%
$1,771,755 ($1,139/sf) 2007 → $2,150,000 ($1,344/sf) 2013 → $2,150,000 ($1,344/sf) 2018 → $2,500,000 ($1,608/sf) 2026
7 · 1,567 sf+35%
$1,720,842 ($1,098/sf) 2007 → $2,300,000 ($1,468/sf) 2014 → $2,320,000 ($1,481/sf) 2017
6 · 1,567 sf+31%
$1,675,021 ($1,069/sf) 2007 → $2,190,000 ($1,398/sf) 2017
3 · 1,746 sf+8%
$1,660,205 ($951/sf) 2007 → $1,785,000 ($1,022/sf) 2026
PHA · 1,205 sf-2%
$1,827,758 ($1,517/sf) 2007 → $1,800,000 ($1,494/sf) 2025
View all 24 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00797-7506) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

What would buying here cost?

At the recent median sale of $1.8M (3 sales since 2024), a buyer putting 25% down would pay about $74,118 to close, or 4.1% of the price.

  • Mansion tax: $18,000
  • Mortgage recording tax: $25,988
  • Title insurance: $8,100
  • Attorneys, lender, building fees, reserves and filings: $22,030

Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.

The Roebling Report

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Comparable buildings

More Chelsea buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at SOMA?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com