- Year built
- 1950
- Type
- Cooperative
- Units
- 42
- Floors
- 6
- Landmark
- No
- Amenities
- Elevator, live-in superintendent, common laundry room, shared private garden/courtyard, bike room, rentable storage
- Financing
- Cooperative framework — verify financing maximum against current board policy at offer stage
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $469K
- Recent range
- $430K – $880K
- Listing discount
- 3.0%
- Recorded transfers
- 63
The Henry is one of prime Chelsea's more affordable ownership entry points: a 42-unit boutique cooperative of compact, well-priced apartments run lean on a low-maintenance budget, mid-block between Sixth and Seventh Avenues. In a neighborhood whose ownership stock skews toward loft condominiums and converted brownstones, a small elevator co-op of studios and one-bedrooms with a shared garden — and monthly costs that are a genuine selling point — is a structurally distinct product.
The building is catalogued across the market under its entrance address, 166 West 22nd Street, and its common name, The Henry; the city's tax records file it under 162. It is a single 1950 apartment house on a wide mid-block lot, converted to cooperative ownership in 1988, and it trades as one of the more liquid, entry-priced co-ops in the heart of Chelsea.
For buyers, the thesis is location plus carry: a prime-Chelsea address, a shared garden, and low fixed costs in a boutique format — priced by the room, not the loft.
Architecture and unit composition
The building rises six stories in masonry with Art Deco–inflected detailing. The 42 apartments run small — a mix weighted toward studios and one-bedrooms with a handful of larger two-bedroom homes, averaging roughly 750 square feet across a residential floor area of about 32,000 square feet — with hardwood floors throughout. South-facing and courtyard-facing lines open toward the building's shared garden. The compact, consistent unit sizes make room count the natural pricing frame here.
Building operations
This is lean boutique co-op ownership: an elevator, a live-in superintendent, a common laundry room, a bike room, rentable storage, and a shared private garden — no doorman, by design, which keeps the maintenance base among the lower ones in prime Chelsea. Cooperative governance at this scale is intimate; the offering plan, by-laws, financial statements, and current house rules should be reviewed carefully during diligence, and we obtain current building documents from the managing agent for clients at offer stage.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $3,673/yr
- Per unit / month range
- $0 – $7
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Sublet policy
- Allowed
- Pied-à-terre
- Allowed
- Notable fees
- Min Down Payment: 20%
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Apr 8, 2026 | 6C | 1 BR · 1 BA | $880,000 | -0.6% |
| Mar 16, 2026 | 1D | 1 BA | $430,000 | -4.4% |
| Aug 8, 2025 | 2A | 1 BR · 1 BA | $865,000 | -1.7% |
| Jun 12, 2025 | 4D | 1 BA | $485,000 | -3.0% |
| Mar 7, 2024 | 6E | 1 BA | $483,000 | -3.2% |
| Oct 10, 2023 | 4G | 1 BA | $455,000 | -3.0% |
| Oct 24, 2022 | 5F | 1 BA | $490,000 | -1.0% |
| Oct 3, 2022 | 2B | 1 BA | $580,000 | -2.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2008): a median $740/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 1.8% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Dec 4, 2009 | 1F | $365,000 |
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 1-00797-0076) 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.
What to know if you’re buying
Low carry is the headline. Maintenance here runs low for prime Chelsea — a structural advantage for entry buyers and pieds-à-terre. Confirm the financial statements and reserve posture during diligence, and run the True Monthly Carrying Cost Calculator with the actual figure in hand.
Price it by the room. This is a per-room co-op market. The compact, consistent unit sizes make line and exposure — courtyard versus street — the pricing drivers.
Two addresses, one building. The parcel is catalogued under 166 West 22nd Street and taxed under 162; they are the same cooperative. Confirm the exact unit and line at contract.
Verify the policy stack. Financing maximum, sublet terms, and flip tax should be confirmed against current board policy; the two-year sublet figure in public records is a starting point.
What to know if you’re selling
Lead with carry and location. Low maintenance in the heart of Chelsea, a block from the 1 at 23rd Street, is the conversion argument for the entry buyer — market it plainly.
Market the garden. A shared private garden is a genuine amenity differentiator among boutique co-ops at this price point.
Use line-specific comps. With compact, consistent units, your own building's line history is the right comp set; adjust for floor and exposure.
Comparable buildings
If you're considering 162 West 22nd Street, also evaluate:
- 252 Seventh Avenue — full-service Chelsea condominium a block west; the amenity-forward alternative
- 212 West 18th Street — larger Chelsea condominium to the south
- 222 West 14th Street — boutique condominium on the Chelsea–Village seam
- 245 West 14th Street — full-service boutique condominium nearby; the new-construction alternative
- 111 West 22nd Street and the mid-block Chelsea co-op cluster — the closest like-for-like entry-priced ownership stock
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at The Henry?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Henry 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.