New York City  »  10014  »  Commerce St  »  38 Commerce St

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

Also known as: 38 Commerce St

Property image for 38 Commerce Street, New York, NY 10014
static Mapbox map

Property type

Theatre in Mixed-Use Building (J5)

Year built

1836

Lot sq. ft.

2,250

Sale price

$10,026,429 - M

General information

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Address
Primary address
38 Commerce Street
Alternate address(es)
38-40 Commerce St
ZIP code
10014
Neighborhood
West Village
Borough
Manhattan
Block & lot
00584-0027

Owner

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Building
Property type
Theatre in Mixed-Use Building (J5)
Building sq. ft.
6,804
Building dimensions
29.92 ft x 75.5 ft
Buildings on lot
1
Stories
3
Year built
1836
Building material
Sales
Sale date
02/28/2023
Sale price
$10,026,429 - M
Tax
Tax year
2026-2027
Property tax
$74,542
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
29.92 ft x 75.5 ft
Lot sq. ft.
2,250

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
0.22 Miles

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

Ownership information for 38 Commerce Street, New York, NY

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

Sales history for 38 Commerce Street, New York, NY 10014

Sale date Sale price Buyer name Seller name
02/28/2023 $10,026,429 XXXXXX XXXX XXXXX XXX XXX XXXXXX XXXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/27/2026 - R Initial UCC1
(2026012700171001)
XXXXXX XXXX XXXXX XXX XXXX XXXX XXXX
01/15/2026 - R
12/23/2025 - D
Agreement
(2025123100070001)
XXXX XXXX XXXX XXX XXXXXXXX XX XXX
01/08/2026 - R
12/23/2025 - D
Assignment of Leases and Rents
(2025123001081006)
XXXXXX XXXX XXXXX XXX XXXX XXXX XXXX
01/08/2026 - R
12/23/2025 - D
Agreement
(2025123001081005)
XXXXXX XXXX XXXXX XXX XXXX XXXX XXXX
01/08/2026 - R
12/23/2025 - D
Mortgage
(2025123001081004)
XXXXXX XXXX XXXXX XXX XXXX XXXX XXXX
01/08/2026 - R
12/23/2025 - D
Assignment, Mortgage
(2025123001081003)
XXXXXXXX XXXX XXXXX XXXXXXX XXXX XXXX XXXX
01/08/2026 - R
12/23/2025 - D
Assignment, Mortgage
(2025123001081002)
XXXXXXXX XXXX XXXXX XXXXXXX XXXX XXXX XXXX
01/08/2026 - R
12/23/2025 - D
Assignment, Mortgage
(2025123001081001)
XXXXXXXX XXXX XXXXX XXXXXXX XXXX XXXX XXXX
07/31/2023 - R
07/10/2023 - D
Deed
(2023072700250001)
XXXXXX XXXX XXXXX XXX XXXXXX XXXX XXXXX XXX
05/05/2023 - R
02/28/2023 - D
Correction Mortgage
(2023050300215003)
XXXXXX XXXX XXXXX XXX XXXXXXXX XXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 38 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
$74,542
Municipal exemptions
Recent tax assessments
Market value
$1,605,000
Assessed value
$722,250

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 $1,568,000 $705,600 $657,990 10.848% $71,379 $71,379 +0.66%
2024/25 $1,534,000 $690,300 $658,890 10.762% $70,910 $70,910 +1.38%
2023/24 $1,499,000 $674,550 $660,330 10.592% $69,942 $69,942 +2.17%
2022/23 $1,429,000 $643,050 $643,050 10.646% $68,459 $68,459 +10.42%
2021/22 $1,281,000 $576,450 $576,450 10.755% $61,997 $61,997 -12.35%
2020/21 $1,578,000 $710,100 $661,410 10.694% $70,731 $70,731 +6.11%
2019/20 $1,550,000 $697,500 $632,610 10.537% $66,658 $66,658 +5.80%
2018/19 $1,483,000 $667,350 $599,220 10.514% $63,002 $63,002 +6.24%
2017/18 $1,406,000 $632,700 $564,030 10.514% $59,302 $59,302 +4.94%
2016/17 $1,332,000 $599,400 $534,420 10.574% $56,510 $56,510 +3.68%

Permit information for 38 Commerce Street, New York, NY

Filing date Job type Job status Job description Initial cost
06/18/2026 No work
05/06/2026 No work
12/08/2025 Alteration
05/20/2025 Alteration
05/13/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
04/07/2014 E-elevator

*Most recent DOB violations on record for this property.

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

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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)
0.178

Access the detailed traffic volume map for 38 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

Frequently asked questions

What is the year built for 38 Commerce Street, New York, NY 10014?

The development at 38 Commerce Street, New York, NY 10014 was built in 1836.

What is the total square footage of 38 Commerce Street, New York, NY 10014?

38 Commerce Street, New York, NY 10014 has a total of 6,804 square feet.

When was 38 Commerce Street, New York, NY 10014 last sold and what was the sale price?

38 Commerce Street, New York, NY 10014 was last sold on 02/28/2023 for $10,026,429 - M.

What is the assessed value of 38 Commerce Street, New York, NY 10014?

38 Commerce Street, New York, NY 10014 is currently assessed at $722,250.

What are the property taxes for 38 Commerce Street, New York, NY 10014?

The property taxes for 38 Commerce Street, New York, NY 10014 total $74,542.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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