$8,500,000

48 Commerce St New York City, NY 10014

9 beds
8 full, 1 partial
4,860 sqft
$1,749 / sqft
House

Property details

About 48 Commerce St

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.<br><br> 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. <br><br>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.

Highlights

Home typeSingle Family Residence
StatusSale Pending
Size4,860 sqft
Year built1844
MLS #RLS10985379
FireplaceWood Burning

Summary

  • MLS Number: RLS10985379
  • MLS Name: RLS
  • Office Name: The Agency Brokerage
  • Office Phone: (866) 371-6468
  • Office Email: nadeem.kazi@theagencyre.com
  • Listing Agent: Michael Birlya
  • Agent Phone: (646) 496-2174

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/15/2025, 12:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$8,500,000

48 Commerce St

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Price information

Property sales

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Nearby schools

7

P.S. 3 Charrette School

Public District PK-5

0.1 mi

490 Hudson St

5

M.S. 297 New York

Public District 6-6

0.1 mi

75 Morton St

9

P.S. 41 Greenwich Village School

Public District PK-5

0.5 mi

116 W 11th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,125. The majority of New York City, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

16%
<35k
46%
35k-100k
26%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

82%
Single, No Kids
2%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
39%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 48 Commerce St

This home is located at 48 Commerce St in New York City, NY and zip code 10014 in the West Village neighborhood. This 4,860 square foot home was built in 1844. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $8,500,000.

New York City, NY housing market in February 2025 saw over 189 listings sold above listed price, more than 682 sold at listed price and over 627 sold below. Between January and February 2025, New York City, NY real estate market has seen decrease in the number of listings by 3.1%. While the average time on the market in February 2025 was 130 days, the median list price was $867,439.

From Rocket Homes Real Estate and based on county public records data.

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