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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Cooperative · 1917
261 West 22nd Street
261 West 22nd Street, between Seventh and Eighth avenues · Chelsea
Buildings·Chelsea·Cooperative

261 West 22nd Street

261 West 22nd Street, between Seventh and Eighth avenues · Chelsea

Chelsea

BBL 1007720012 · BIN 1014108

CorridorChelsea
At a glance
Year built
1917
Type
Cooperative
Landmark
No
Amenities
Landscaped common roof deck with seating and grilling facilities; private storage
Financing
Minimum 20% down — confirm with the managing agent
Flip tax
2%, paid by seller — confirm with the managing agent
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

2BR median
$767K
Recent range
$530K – $790K
Listing discount
4.0%
Recorded transfers
52
Considering a sale?

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

A Private Pricing Opinion — what your apartment at 261 West 22nd Street 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.

261 West 22nd Street is a six-story walk-up cooperative with a shared landscaped roof and a mix of original-scale apartments and larger combinations. Built in 1917, it occupies the Chelsea block between Seventh and Eighth avenues. The absence of an elevator is a defining part of the building's daily use.

The smaller homes preserve features such as wood trim, parquet floors and windowed kitchens. Combined apartments have created larger three- and four-bedroom configurations within the same structure. The co-op therefore spans several apartment-size categories despite its modest overall scale.

The roof deck adds common outdoor space above the residential floors, with seating and cooking facilities. Individual apartment layouts range from compact one-bedrooms with open kitchens to two-bedroom homes with separate eat-in kitchens. Renovation has altered the room arrangements without making the inventory uniform.

Architecture and unit composition

Prewar details include original woodwork, high ceilings and wood floors with decorative patterns. Several apartments retain windowed kitchens and bathrooms. Ceiling heights around nine feet occur in the two-bedroom inventory, with room proportions that differ between front, rear and corner positions.

Standard one-bedroom apartments include plans around 550–600 square feet. The two-bedroom inventory includes homes around 800 square feet, sometimes with an eat-in kitchen. Some renovated kitchens open toward the living area through a breakfast bar, while others remain in a separate windowed room.

Multiple exposures appear in selected two-bedroom layouts. These homes can place the kitchen, bathroom and bedrooms on different sides of the apartment, unlike a single-exposure plan. Closet arrangements also vary, with several two-bedroom homes incorporating storage along the internal circulation route.

Combinations account for the building's largest apartments. A four-bedroom, three-bath home traded in 2026, and another combined configuration sold in 2022. These are materially larger layouts than the ordinary one- and two-bedroom apartments that make up much of the resale activity.

In-unit laundry and split-system air conditioning have been installed in some renovated homes.

Building operations

The common roof deck is landscaped and furnished for sitting and outdoor meals, with grilling facilities and an outdoor kitchen area. It is reached through a walk-up building, so the climb is part of using this amenity as well as accessing higher-floor apartments.

Private storage is available in the building. There is no tax abatement, and the property is Class 2 with no cap on assessment growth. The existing building's floor-area ratio is above the current residential allowance mapped for R8B zoning.

The cooperative has both owner-occupied resale offerings and tenant-occupied investment offerings. An apartment offered with a rent-stabilized tenant has a different possession status from a vacant apartment offered for immediate occupancy. That distinction concerns the individual interest being sold and does not make the entire co-op income-restricted.

Policy framework

Pets, pied-à-terre purchases, co-purchasing and gifts are permitted — confirm with the managing agent. The stated minimum down payment is 20%, and the seller pays a 2% flip tax — confirm with the managing agent.

Subletting is permitted for two years in a five-year period — confirm the current rule and approval requirements with the managing agent. This restriction is relevant to an owner planning to move out while retaining the apartment.

Recent sales

Recent transfers 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
Jan 20, 202611
2 BR · 1 BA
$767,300-4.0%
Jun 3, 202510
1 BR · 1 BA
$530,000+7.1%
Mar 19, 20259
2 BR · 1 BA
$790,000-5.4%
Mar 6, 202515
2 BR · 1 BA
$730,000-18.8%
Aug 28, 202312
1 BR · 1 BA
$650,000-2.3%
May 20, 202218
1 BR · 1 BA
$615,000-0.6%
Nov 19, 202135
2 BR · 1 BA · 800 sf
$900,000$1,125/sf-2.7%
Nov 8, 202133
2 BR · 1 BA
$950,000-2.6%

Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $1,125/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 2.5% 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.

6+74%
$356,100 2004 → $603,000 2015 → $620,000 2021
1+67%
$555,000 2011 → $827,500 2016 → $925,275 2019
4 · 600 sf+56%
$353,000 ($588/sf) 2004 → $565,000 ($942/sf) 2007 → $550,000 ($917/sf) 2014
21 · 800 sf+49%
$652,000 ($815/sf) 2006 → $625,000 ($781/sf) 2011 → $970,000 ($1,213/sf) 2017
35 · 800 sf+46%
$615,000 2009 → $900,000 ($1,125/sf) 2021

Other recent transfers

DateUnitPrice
Sep 7, 201728$635,000
View all 52 recorded transfers, 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 1-00772-0012) 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 on co-ops is not officially recorded, figures shown are approximate.

What would buying here cost?

At the recent median sale of $767K (4 transfers since 2024), a buyer putting 25% down would pay about $11,427 to close, or 1.5% of the price.

  • Mansion tax: $0
  • No mortgage recording tax or title insurance on a co-op purchase
  • Attorneys, lender, building fees and filings: $11,427

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

  • 233 West 21st Street: A nearby prewar cooperative of similar height and residential scale.
  • The Oriental: A smaller prewar cooperative for comparing Chelsea apartment plans and ownership costs.
  • 210 West 21st Street: Another modestly scaled prewar cooperative within the same part of Chelsea.
  • The Arcadia: A smaller cooperative in a taller prewar building on the adjoining cross street.
  • The Capitol Building: A taller prewar cooperative with a comparatively small number of residences.

More Chelsea buildings

The neighborhood

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

Preparing a board package for this building?

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.

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 261 West 22nd Street?

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

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com