36 East 22nd Street (The Story House)Recorded sales & closing prices

The Story House trades as a full-floor loft condominium, which puts it in a narrow comparable set. Within the Flatiron corridor the honest comparison is to other converted loft buildings offering whole-floor or near-whole-floor plates — not to the new-construction towers on the same block, whose per-foot pricing reflects amenity programs, view corridors and abatement structures this building does not have, and not to the prewar cooperatives nearby, whose policy stacks and financing rules are structurally different.

Per-square-foot is the right unit of analysis, run against a specific floor rather than a building average. Ceiling heights range across a three-and-a-half-foot band from the lower floors to the upper ones, light improves materially as the stack rises above the neighboring rooflines, and with only eight residences a single line can carry the building's whole recent history. Sellout closings ran from 2012 into 2013 and resale activity since has been intermittent, so a same-building comparable is often several years old and needs indexing to the last complete year rather than being read straight. The absence of an abatement is the largest single variable separating headline price from true monthly cost when this building is set against 2010s inventory elsewhere in the corridor. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.