Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,100,000

Listed at $8,500,000 · Sold 28.2% below asking · Closed March 11, 2025

SOLD: 48 Commerce Street
SOLD $6,100,000
Sold Single Family Residence

$6,100,000

$1,255 per sq ft

Listed at $8,500,000 $-2,400,000 vs asking

48 Commerce Street

Greenwich Village, Manhattan

MLS® #RLS10985379

RLS at REBNY

Listing by The Agency Brokerage

9

Bedrooms

9.5

Baths

4,860

Sq. Ft.

1844

Year Built

Sale Details

Sale Price $6,100,000
Original List Price $8,500,000
First Listed At $10,000,000
Close Date March 11, 2025
vs. Asking Sold 28.2% below asking

Property Summary

Bedrooms 9
Bathrooms 9 full, 1 half
Living Area 4,860 sq ft
Year Built 1844
Ownership None
Property Taxes $54,298/yr
Neighborhood Greenwich Village

Description

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.

Property Details

Type Single Family Residence
Ownership None
Total Rooms 16
Year Built 1844
Living Area 4,860 sq ft
RLS at REBNY

Listing courtesy of Michael Birlya at The Agency Brokerage. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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