NOT LISTED FOR SALE

116 W 22nd St Unit 7 New York, NY 10011

Chelsea Neighborhood

Estimated Value: $2,286,000 - $2,764,609

2 Beds
3 Baths
1,567 Sq Ft
$1,429/mo HOA Fee

Last Sold June 18, 2014

Last sale price $2,300,000 $1,468 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,396/month

41 Days on Market

Highlights

  • Balcony
  • 3-minute walk to 23 Street (1,2 Line)
  • Heating System Uses Natural Gas
  • P.S. 11 Sarah J. Garnet School Rated A
  • Central Air
  • 4-minute walk to Chelsea Green

About This Home

As of June 2014

Private, key-locked elevator opens directly in to this beautiful, almost 1,600 sq ft, 2 bedroom, 2.5 bathroom Chelsea loft. The large living/dining room includes a wall of floor-to-ceiling windows with inset French doors and Juliette balcony, and a gas fireplace. The well-planned kitchen offers plenty of storage, top line appliances and a laundry room. The master suite has a large walk-in closet and a gorgeous bathroom with separate soaking tub. The second bedroom has its own en suite bath. Additional features include a Crestron home automation system, a fitness room, storage room and cyber doorman. Please email for specific showing times.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,160

Year Built

  • Built in 2004

HOA Fees

  • $1,429 Monthly HOA Fees

Home Design

  • 1,567 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • The Soma Condos
  • Chelsea Subdivision

Listing and Financial Details

  • Tax Block 797

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,160

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,429 per month

Listing Details

  • Cross Street: Avenue of the Americas and Seventh Avenue
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Loft
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1567.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1429.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Soma
  • Year Built: 2004

Tax Info

  • Tax Block: 797
  • Tax Annual: 17160.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Nealan Lucas
Bought by
Nealan Lucas and The Lucas Nealan Living Trust
Current Estimated Value
$2,473,402

Purchase Details

Closed on
Feb 2, 2017
Sold by
Kaw Soma 7 Llc
Bought by
Nealan Lucas

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 18, 2014
Sold by
Stein John and Stein Kiersten
Bought by
Kaw Soma 7 Llc
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Soma Hudson Blue Llc
Bought by
Stein John and Stein Kiersten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nealan Lucas -- --
Nealan Lucas $2,320,000 --
Nealan Lucas $2,320,000 --
Kaw Soma 7 Llc $2,300,000 --
Kaw Soma 7 Llc $2,300,000 --
Stein John -- --
Stein John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaw Soma 7 Llc $1,575,000
Previous Owner Stein John $5,318
Previous Owner Stein John $350,000
Previous Owner Stein John $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2014 06/18/14 Sold $2,300,000 0.0% $1,468 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $2,300,000 -- $1,468 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,880 $258,122 $10,669 $247,453
2024 $29,880 $239,002 $21,573 $227,148
2023 $22,396 $221,300 $11,817 $209,483
2022 $20,683 $437,656 $21,573 $416,083
2021 $25,136 $350,124 $21,573 $328,551
2020 $20,432 $375,874 $21,573 $354,301
2019 $19,129 $417,653 $21,573 $396,080
2018 $21,652 $170,231 $7,034 $163,197
2017 $20,048 $157,622 $7,367 $150,255
2016 $20,321 $157,622 $8,125 $149,497
2015 $12,215 $152,735 $8,334 $144,401
2014 $12,215 $141,422 $6,339 $135,083
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10085902

Real Estate Board of New York (REBNY)

APN: 0797-1507

New York New York County New York 10011 Chelsea

116 W 22nd St Unit 7, New York, NY

This home is located at 116 W 22nd St Unit 7, New York, NY 10011 since 07 April 2014 and is currently estimated at $2,473,402, approximately $1,578 per square foot. This property was built in 2004. 116 W 22nd St Unit 7 is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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