In this paper we propose a different (and equivalent) norm on S 2 (D) which consists of functions whose derivatives are in the Hardy space of unit disk. The reproducing kernel of S 2 (D) in this norm admits an explicit form, and it is a complete Nevanlinna-Pick kernel. Furthermore, there is a surprising connection of this norm with 3-isometries. We then study composition and multiplication operators on this space. Specifically, we obtain an upper bound for the norm of C ϕ for a class of composition operators. We completely characterize multiplication operators which are m-isometries. As an application of the 3-isometry, we describe the reducing subspaces of M ϕ on S 2 (D) when ϕ is a finite Blaschke product of order 2.