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48 Commerce Street, New York, NY 10014 Property Information

48 Commerce Street, New York, NY 10014 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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48 Commerce Street, New York, NY 10014 2
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Address

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

Sales & Tax Overview for 48 Commerce Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 03/11/2025
Purchase price $6,100,000
Tax class
Estimated property tax $61,367

Lot & Building Information for 48 Commerce Street, New York

Lot sqft 1,412
Lot dimensions 19.92 ft x 55.67 ft
Building class Converted Dwellings or Rooming House (C5) i
Building sqft 3,985
Building dimensions 20 ft x 40 ft
Buildings on lot 1
Stories 4
Year built 1930
Year last altered 1983
Construction type
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Zoning & Use for 48 Commerce Street, New York

Zoning
Residential units (DOF) 7
Regulated units
Commercial units 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 2
Closest police station 0.18 Miles
Closest fire station 0.23 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 48 Commerce Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 48 Commerce Street, New York, NY 10014, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 48 Commerce Street, New York, NY 10014, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 48 Commerce Street, New York

How many sq. ft. does 48 Commerce Street, New York, NY 10014 have & what is the price per sq. ft?

This Converted Dwellings or Rooming House (C5) located at 48 Commerce Street, New York, NY 10014 has a total of 3,985 square feet and a current price per square foot of $1,530.

What is the year built & the current market value of 48 Commerce Street, New York, NY 10014?

48 Commerce Street, New York, NY 10014 was built in 1930 and has a current tax assessor's market value of $3,160,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 48 Commerce Street, New York

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Property owner name for 48 Commerce Street, New York, NY 10014
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Building contacts for 48 Commerce Street, New York, NY 10014
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 48 Commerce Street, New York

Create a free account to view the complete sales history for 48 Commerce Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/11/2025 $6,100,000

Title Documents for 48 Commerce Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/21/2025 - D
03/24/2025 - R
Satisfaction of Mortgage
(2025032400737001)
03/11/2025 - D
03/18/2025 - R
Deed
(2025031800322001)
07/06/2016 - D
07/26/2016 - R
Agreement
(2016072100850003)
07/06/2016 - D
07/26/2016 - R
Agreement
(2016072100850002)
07/06/2016 - D
07/26/2016 - R
Mortgage
(2016072100850001)
08/30/2012 - R UCC3 Termination
(2012062900656006)
06/25/2012 - D
08/30/2012 - R
Termination of Assign of L&R
(2012062900656005)
06/25/2012 - D
08/30/2012 - R
Agreement
(2012062900656004)
06/25/2012 - D
08/30/2012 - R
Agreement
(2012062900656003)
06/25/2012 - D
08/30/2012 - R
Mortgage
(2012062900656002)
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R: Recorded date
D: Document date

Property Taxes for 48 Commerce Street, New York

Access detailed property tax data for 48 Commerce Street, New York, NY 10014. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $61,368
Estimated property tax: $61,367
Tax assessor's market value: $3,160,000
Assessed value: $1,422,000

Assessment History for 48 Commerce Street, New York

Here's the assessment & property tax history for 48 Commerce Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%

Permits for 48 Commerce Street, New York

The complete history of permits filed for 48 Commerce Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
11/02/1994 Alteration type 2
04/06/1994 Alteration type 2
12/03/1992 Alteration type 2
         
         
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Varick St & Houston St at NW Corner
Station lines 1
Distance (miles) 0.179
View subway map
Bus Routes
Name Hudson St/Barrow St
Line M20
Distance (miles) 0.048

Neighbors for 48 Commerce Street, New York

Here are the neighbors for 48 Commerce Street, New York, NY 10014.

Address Square feet Purchase date Purchase price
44 Commerce St, New York 2,205 03/27/2006
77 Bedford St, New York 2,664 04/30/2025 $11,250,000
77 Barrow St, New York 9,825 11/26/2024 $6,700,000
38 Commerce St, New York 6,804 07/10/2023
91 Leroy St, New York 3,607 12/13/2002
36 Commerce St, New York 6,804 02/28/2023 $10,026,429
75 Barrow St, New York 14,784 10/11/2019
79 Barrow St, New York 13,484 12/12/1988
44 A Morton St, New York 2,361 02/20/2020
42 Commerce St, New York 8,401 07/10/2023
75 Bedford St, New York 2,400 09/01/2023 $10,900,000
44 Morton St, New York 4,950
44 B Morton St, New York 2,361 04/30/2001
71 Bedford St, New York 2,400 05/03/2004
69 Bedford St, New York 3,200 07/08/2011 $2,550,000
81 Barrow St, New York 4,925 07/23/2024 $21,570,000
5 St Lukes Pl, New York 4,576 12/19/1985
46 Commerce St, New York 3,000 04/17/1985
73 Bedford St, New York 2,835 06/08/2000
3 St Lukes Pl, New York 3,952 02/04/1987
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