$1,800,000
SOLD MAR 18, 2025

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

Chelsea Neighborhood
1 Bed
1.5 Baths
1,205 Sq Ft
$1,623/mo HOA Fee

Recently Sold

$1,494 Per Sq Ft

8% Below List Price

164 Days on Market

Highlights

  • City View
  • 3-minute walk to 23 Street (1,2 Line)
  • Wood Flooring
  • P.S. 11 Sarah J. Garnet School Rated A
  • Deck
  • 4-minute walk to Chelsea Green

About This Home

As of March 2025

Experience the luxury of this Sprawling full-floor Terraced One-Bedroom Penthouse in the vibrant Chelsea neighborhood, where contemporary and comfortable living come together seamlessly. About 1100 sqft interior plus 280 sqft terrace for a total of about 1380 sqft. The Large private terrace, the high ceilings and floor to ceiling windows make this apt. a rare find.

The private elevator ascends directly into this residence where you are first greeted by a gracefully appointed entry foyer that leads you into the heart of this exceptional home. From the foyer you move through a hallway that unfolds into an expansive living area with a gas fireplace and where the open-concept kitchen, living, and dining spaces harmoniously converge with floor to ceiling South facing floor to ceiling windows forming a bright magical open space with about 450 SqFt. Ideal for wonderful entertaining, family gatherings or sheer fun times.

The bright and well-proportioned Living Room with over 370 sqft., features a black stone mantle gas-lit fireplace, adding a touch of warmth and charm. It can accommodate a generous dining table, a sprawling seating area as well as one or two work from home areas.

The open-concept kitchen integrates effortlessly with the dining and living areas, creating a fluid space that’s perfect for both casual meals and elegant entertaining. The space is fitted with a breakfast bar, beautiful white lacquered cabinetry and is equipped with top of the line GE Profile stainless steel appliances and a five burner cook top. This kitchen’s spacious size makes cooking a pleasure with plenty of stone counter tops, an ample pantry and a walk-in closet.

On the other side of this apartment’s seamless layout, you will find a large, private outdoor terrace with over 280 Sqft, ideal for hosting large gatherings, sun bathing, dining al fresco, hosting cocktail parties and enjoying the stunning views of the New York Skyline, the Clock Tower and The Empire State Building.

The bedroom suite is a serene retreat, with its own floor-to-ceiling windows that look onto the private outdoor terrace. This tranquil space offers a perfect blend of privacy and accessibility, allowing for easy enjoyment of the outdoor living area. It features space for a king size bed, side table and a small desk. It has a large walk in closet that leads you into the primary bathroom. The primary bathroom is elegantly finished with neutral mosaic tiles and a large walk-In shower, offering a spa-like experience. To top it off, this home features a Washer/Dryer, hardwood floors, plenty of storage and a separate spacious light filled windowed powder bathroom in the hallway right off the private terrace, ideal for your visiting guests.

The Soma at 116 West 22nd street is located in the sought-after Chelsea and a close proximity to Flatiron District, The Village, World renown Art galleries, cafes and boutiques. This apartment offers unparalleled access to the city’s vibrant lifestyle. Conveniently situated near multiple subway lines, buses and other modes of transportation. Additionally, you’ll find some of the city’s best dining options just a short walk away, making it easy to enjoy world-class cuisine and the dynamic energy of one of Manhattan’s most iconic neighborhoods. The building has a built-in security system and a gym at no additional cost. Some of the listing pictures have been virtually staged for better visualization. There are no assessments and you can benefit from unlimited financing. Call us to book an appointment to see this amazing apartment. Not to be missed.

Last Agent to Sell the Property

Harry Nasser

Sothebys International Realty License #10301212511 Listed on: 08/05/2024

Sothebys International Realty

Co-Listed By

Alycia Pecoraro

Sothebys International Realty License #10401368550

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,612

Year Built

  • Built in 2006

Lot Details

  • South Facing Home

HOA Fees

  • $1,623 Monthly HOA Fees

Interior Spaces

  • 1,205 Sq Ft Home
  • Wood Burning Fireplace
  • Home Gym
  • Dishwasher
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Terrace

Community Details

Overview

  • 10 Units
  • Soma Condos
  • Chelsea Subdivision
  • 10-Story Property

Amenities

  • Building Patio
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,612

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,623 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1205.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Direction Faces: South
  • Patio/Porch Features: Building Deck, Building Patio, Building Terrace, Deck, Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1623.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1100.0
  • Lot Size Dimensions: 25.0 x 98.75

Building Info

  • New Construction: No
  • Building Name: SOMA
  • Units: 10
  • Total Stories: 10
  • Year Built: 2006

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 0
  • Tax Lot: 0
  • Tax Annual: 24612.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Mar 18, 2025
Sold by
162 Sumpter Llc
Bought by
Nujax Lp
Seller's Agent
Harry Nasser
Sothebys International Realty
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Views
75
Current Estimated Value
$1,834,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,281
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Sep 10, 2015
Sold by
Donald F King Trustee and Estate Of Marc R Labgold
Bought by
162 Sumpter Llc

Purchase Details

Closed on
Mar 2, 2007
Sold by
Soma Hudson Blue Llc
Bought by
Labgold Marc R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,800,000 --
Deed $1,780,000 --
Deed $1,795,000 --
Deed $1,795,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Unknown
Previous Owner $1,615,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $1,800,000 -1.4% $1,494 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
11/08/2024 11/08/24 Price Changed $1,825,000 -2.7% $1,515 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,875,000 -3.8% $1,556 / Sq Ft
08/05/2024 08/05/24 For Sale $1,950,000 -- $1,618 / 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
2024 $24,608 $196,832 $17,767 $187,069
2023 $22,357 $182,252 $9,732 $172,520
2022 $20,617 $360,436 $17,767 $342,669
2021 $20,701 $288,348 $17,767 $270,581
2020 $20,366 $309,555 $17,767 $291,788
2019 $19,066 $343,962 $17,767 $326,195
2018 $17,831 $140,194 $5,793 $134,401
2017 $16,511 $129,811 $6,067 $123,744
2016 $16,735 $129,811 $6,691 $123,120
2015 $10,060 $125,786 $6,864 $118,922
2014 $10,060 $116,469 $5,220 $111,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11000158

Real Estate Board of New York (REBNY)

APN: 0797-1510