The stunning 5-story townhome at 48 Commerce St. presents timeless luxury living in the heart of the West Village, one of New York City’s most coveted neighborhoods. Brimming with potential, this residence offers the opportunity to create a one-of-a-kind dream home in a beloved Manhattan location.
Set on an expansive lot with almost 5,000 square feet of living space and a width of 20 feet, this residence can accommodate at least 6 bedrooms, each with its own office and walk-in closet. With 8 full baths, residents and guests enjoy comfort and privacy. Features include 9 wood-burning fireplaces, a rear patio, a front garden, and rooftop space that allows for a deck with skyline views. 48 Commerce St. unites enduring charm with a rich history.
Originally built in 1844 on land once owned by Queen Anne, the building was restored in 1994. Located along the curve of Commerce St.—one of the most photographed locations in the city—this home sits amidst tree-lined streets, near upscale shops, restaurants, and cafes. Delivered fully vacant, the home represents the opportunity for a one-of-a-kind single-family conversion, starting with a blank canvas for a buyer with the most impeccable taste.
Assessed Value is a combination of the land and additions.
2024
$59,765
(+8%)
$478,046
Land 128,181 +
Additions 349,865
2023
$55,338
(+10.07%)
$442,637
Land 127,760 +
Additions 314,877
2022
$50,276
(+8%)
$1,352,700
Land 317,700 +
Additions 1,035,000
2021
$46,553
(-1.65%)
$1,591,200
Land 317,700 +
Additions 1,273,500
2020
$47,335
(+2.06%)
$1,544,850
Land 317,700 +
Additions 1,227,150
2019
$46,378
(+15.66%)
$1,544,850
Land 317,700 +
Additions 1,227,150
2017
$40,099
$340,490
Land 100,833 +
Additions 239,657
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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