Soma

Soma is a condo located 116 West 22nd Street, in Chelsea, New York. The building was first built in 2006 and is 18 years old. The lot that the building was built on is 25 feet wide and 99 feet long. The official lot area is listed as 2,469 square feet. In total, 116 West 22nd Street has a total floor area of 15,866 square feet. Of that, 15,866 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. There are no commercial units in this building. 116 West 22nd Street has a total of 10 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For those who love to work out, there is a fitness center. Residents who own pets will be happy to hear that the building is pet-friendly. There are 35 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 111 days and tend to sell below the original asking price of $2,822,500 by 21.18%. Meaning, listings tend to sell at a median of $1,652 price per square foot. The transaction that took the longest to complete was unit PHB, listed on Nov 03, 2015 for $3,250,000. This particular unit ultimately sold 275 days later for $2,895,000. The most recent transaction was for unit 1, sold for $1,640,000 on Jun 06, 2023. Fun fact, the oldest transaction we have on record took place on Mar 15, 1971. See the full transaction history for Soma below.

Chelsea, where 116 West 22nd Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,822,500. For interested buyers, that means the building's median asking price is around 2.76% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.