48 Commerce Street, Manhattan

Apartment building · 7 units · built c. 1844 · Block 584, Lot 23.

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Building permits

Permit records are unavailable right now; the map lists them once the city responds.

Property taxes

Assessment
$1,706,400
2026–27 tax
$61,368
Market value (city estimate)
$3,792,000
Taxable value
$493,349
Assessed land
$317,700
Assessed improvements
$1,388,700

Zoning

R6: floor area ratio 2.82 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

Landmarks

Part of Greenwich Village Historic District (Historic District). 6 Landmarks Preservation Commission permits are on file.

More construction in West Village

Every lot on block 584

Umarelli: construction in New York City and Jersey City