Manhattan  »  10014  »  Commerce St  »  48 Commerce St

48 Commerce Street, New York, NY 10014 - Property report

Also known as: 48 Commerce St

Property image for 48 Commerce Street, New York, NY 10014
static Mapbox map

Property type

Converted Dwellings or Rooming House (C5)

Year built

1930

Lot sq. ft.

1,412

Sale price

$6,100,000

General information

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Address
Primary address
48 Commerce Street
ZIP code
10014
Neighborhood
West Village
Borough
Manhattan
Block & lot
00584-0023

Owner

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Building
Property type
Converted Dwellings or Rooming House (C5)
Building sq. ft.
3,985
Building dimensions
20 ft x 40 ft
Buildings on lot
1
Stories
4
Year built
1930
Last altered
1983
Building material
Sales
Sale date
03/11/2025
Sale price
$6,100,000
Tax
Tax year
2026-2027
Property tax
$61,368
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
7
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.92 ft x 55.67 ft
Lot sq. ft.
1,412

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
96 /100.  Biker's Paradise
School district
2
Community district
2
Closest police station
0.18 Miles
Closest fire station
0.23 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 48 Commerce Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 48 Commerce Street, New York, NY 10014

Sale date Sale price Buyer name Seller name
03/11/2025 $6,100,000 XXXXXXXX XXXXXX XXXXXX XXX XXXXXX XX XXXXXX X XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/24/2025 - R
03/21/2025 - D		 Satisfaction of Mortgage
(2025032400737001)		 XXXXXX XXXXXX XXXXXXXX XXXXX XXXX X X
03/18/2025 - R
03/11/2025 - D		 Deed
(2025031800322001)		 XXXXXX XX XXXXXX X XXXXXX XXXXXXXX XXXXXX XXXXXX XXX
07/26/2016 - R
07/06/2016 - D		 Agreement
(2016072100850003)		 XXXXXX X XXXXXX XXXXXXXX XXXXX XXXX XX
07/26/2016 - R
07/06/2016 - D		 Agreement
(2016072100850002)		 XXXXXX X XXXXXX XXXXXXXX XXXXX XXXX XX
07/26/2016 - R
07/06/2016 - D		 Mortgage
(2016072100850001)		 XXXXXX X XXXXXX XXXXXXXX XXXXX XXXX XX
08/30/2012 - R UCC3 Termination
(2012062900656006)		 XXXXXX XXXXXX X XXX XXXX XXXXXXXXX XXXX
08/30/2012 - R
06/25/2012 - D		 Termination of Assign of L&R
(2012062900656005)		 XXXXXX XXXXXX X XXX XXXX XXXXXXXXX XXXX
08/30/2012 - R
06/25/2012 - D		 Agreement
(2012062900656004)		 XXXXXX XXXXXX X XXXXXXXX XXXXX XXXX XX
08/30/2012 - R
06/25/2012 - D		 Agreement
(2012062900656003)		 XXXXXX XXXXXX X XXXXXXXX XXXXX XXXX XX
08/30/2012 - R
06/25/2012 - D		 Mortgage
(2012062900656002)		 XXXXXX XXXXXX X XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48 Commerce Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$61,368
Municipal exemptions
Recent tax assessments
Market value
$3,792,000
Assessed value
$1,706,400

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $3,160,000 $1,422,000 $493,349 12.439% $61,368 $61,368 +2.70%
2024/25 $2,633,000 $1,184,850 $478,046 12.5% $59,756 $59,756 +7.98%
2023/24 $2,446,000 $1,100,700 $442,637 12.502% $55,338 $55,338 +10.07%
2022/23 $3,006,000 $1,352,700 $409,851 12.267% $50,276 $50,276 +8.28%
2021/22 $3,536,000 $1,591,200 $379,499 12.235% $46,432 $46,432 -0.26%
2020/21 $3,433,000 $1,544,850 $379,499 12.267% $46,553 $46,553 +1.50%
2019/20 $2,860,800 $1,287,360 $367,728 12.473% $45,867 $45,867 +6.81%
2018/19 $2,384,000 $1,072,800 $340,490 12.612% $42,943 $42,943 +7.09%
2017/18 $2,108,000 $948,600 $315,270 12.719% $40,099 $40,099 +6.55%
2016/17 $1,911,000 $859,950 $291,922 12.892% $37,635 $37,635 +0.07%
Permits

Permit information for 48 Commerce Street, New York, NY

Filing date Job type Job status Job description Initial cost
04/06/2026 Alteration CO
04/01/2026 Alteration CO
03/31/2026 Alteration CO
03/31/2026 Alteration CO
03/03/2026 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/08/2012 Aeuhaz1-fail to certify class 1
02/08/2012 Aeuhaz1-fail to certify class 1
12/28/2011 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Varick St & Houston St at NW Corner
Station lines
1
Distance (miles)
0.179
View subway map

Access the detailed traffic volume map for 48 Commerce Street, New York, NY 10014 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 48 Commerce Street, New York, NY

44 Commerce St, New York 77 Bedford St, New York 77 Barrow St, New York 38 Commerce St, New York 4 St Lukes Pl, New York 36 Commerce St, New York 75 Barrow St, New York 79 Barrow St, New York 44 A Morton St, New York 42 Commerce St, New York 75 Bedford St, New York 44 Morton St, New York 44 B Morton St, New York 71 Bedford St, New York 69 Bedford St, New York 81 Barrow St, New York 5 St Lukes Pl, New York 46 Commerce St, New York 73 Bedford St, New York 3 St Lukes Pl, New York

Nearby ZIP codes for 48 Commerce Street, New York, NY

07030, Hudson County, NJ 07311, Hudson County, NJ 10001, New York City, NY 10003, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10010, New York City, NY 10011, New York City, NY 10012, New York City, NY 10013, New York City, NY 10018, New York City, NY 10038, New York City, NY 10119, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY

Frequently asked questions

What is the year built for 48 Commerce Street, New York, NY 10014?

The development at 48 Commerce Street, New York, NY 10014 was built in 1930.

What is the market value of 48 Commerce Street, New York, NY 10014?

The current market value of 48 Commerce Street, New York, NY 10014 is $3,792,000.

What is the total square footage of 48 Commerce Street, New York, NY 10014?

48 Commerce Street, New York, NY 10014 has a total of 3,985 square feet.

What is the price per square foot for this property?

$1,530 per square foot is the price for 48 Commerce Street, New York, NY 10014.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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