# 38 Commerce Street, Manhattan

Mixed use · 1 unit · built c. 1836 · Block 584, Lot 27.

On Umarelli: https://umarelli.org/nyc/1005840027/38-commerce-street

More construction in West Village: https://umarelli.org/nyc/manhattan/west-village.md

Every lot on block 584: https://umarelli.org/nyc/manhattan/584.md

## Building permits

- No Work, filed Jun 18, 2026, described as “Theatrical performance. Actual performance dates as follows: Monday 7pm, Tuesday 7pm, Wednesday 2pm and 7pm, Thursday 7pm, Friday 2pm and 7pm, Saturday 2pm and 7pm, and Sunday 2pm and 7pm.”
- Alteration, filed Dec 8, 2025, estimated cost $30K, described as “Structural work as shown on plans filed herewith”
- Alteration, filed Mar 13, 2025, estimated cost $1K, described as “Application filed to document the existing zoning lot pursuant to AC 28-118.3.3, as per ZRD1 Control #74308 approved by HUB Commissioner Pavan on 3/29/2024.”
- Alteration, filed Mar 6, 2025, estimated cost $185K, described as “Structural work as shown on plans to include reconstruction of courtyard wall and connection of existing joists to brick masonry walls.”
- Alteration, filed Dec 5, 2023, estimated cost $3K, described as “Temporary construction fence in conjunction with exterior renovation work being completed under DOB-approved general construction application # M00882927-I1.”
- No Work, filed Nov 2, 2023
- Alteration, filed Jun 14, 2023, estimated cost $2.3M, described as “General construction work as shown on plans (Cherry Lane Theater Renovation).”
- Alteration, filed Jun 12, 2023, estimated cost $100K, described as “Plumbing work as shown on plans.”
- Alteration, filed Jun 12, 2023, estimated cost $150K, described as “Mechanical work as shown on plans.”
- Alteration, filed Jun 12, 2023, estimated cost $100K, described as “Boiler work as shown on plans.”
- Alteration, filed Jun 12, 2023, estimated cost $10K, described as “Structural work as shown on plans to include new openings in existing interior brick masonry walls.”
- Alteration, filed Jun 12, 2023, estimated cost $12K, described as “Modifications to an existing sprinkler system”

## Property taxes

- Assessment: $722,250
- 2026–27 tax: $74,542
- Market value (city estimate): $1,605,000
- Taxable value: $687,150
- Assessed land: $303,750
- Assessed improvements: $418,500

## Zoning

R6: floor area ratio 3.02 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Feb 28, 2023: $10,026,429, sold with other lots

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

## Flood zone

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

## Landmarks

Part of Greenwich Village Historic District (Historic District). 19 Landmarks Preservation Commission permits are on file.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology