---
title: "46 Commerce Street #5, New York City, NY 10014"
description: "46 Commerce Street #5, New York City, NY 10014 — Townhouse in West Village, Manhattan, NY. Listing Price $699,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $10,485 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10014/46-commerce-street-5-ny-10014"
source: "Real Estate Rebate Team"
dateModified: "2026-08-24T19:16:36.724Z"
status: "Active"
---

# 46 Commerce Street #5, New York City, NY 10014

Townhouse in West Village, Manhattan, NY

Courtesy of Sothebys International Realty

Last updated: August 24, 2026, 3:16 PM

## At a Glance

- **Listing Price**: $699,000
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,500 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $699,000
- **Illustrative Buyer Commission Share**: -$10,485*
- **Illustrative Net Cost**: $688,515

*Illustrative Buyer Savings of $10,485 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![46 Commerce Street #5, New York City, NY 10014 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/90efc262-d107-4529-97b4-134334c455ff.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff70611c-9e41-4920-9cba-8c6ed92419ab.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1b76834-89d6-4c26-8571-6991392f4681.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ce231622-d8a9-4c8d-9a63-28bd9de7a378.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dd592c53-c886-4c98-8d1f-c35b01b2a0a8.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5d398537-4807-488a-b675-51727b178ba3.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/de0d7a69-cd63-420a-8974-075597fdfe0d.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/addb56f9-96c8-443d-aa3e-b0604cb0f7c9.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eefe6884-3f90-4d9f-bc55-256a404e5971.jpg)
![46 Commerce Street #5, New York City, NY 10014 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92db6996-786a-4c12-964a-5adaeadac812.jpg)

## Property Overview

THE TREE-HOUSE

The top floor studio at 46 Commerce Street is on the prettiest block in the West Village; flanked by the historic Cherry Lane Theatre and the newly opened restaurant, Commerce Inn, from the owners behind Buvette and Via Carota. The perfect setting of the atelier perched in tree-house fashion is housed in an early 1800’s 3-unit townhouse walk-up. The space commands notice with beautiful light streaming in from three exposures; north, east and west, overlooking the parade of leafy sun-lit treetops and collage-like array of west village facades and rooftops.

Given this picturesque backdrop, the atelier captures the imagination in its most inspirational form, a perfect fit for a writer/artist, a retreat away from the bustle of the city. Leading to the top-floor space, the private stairwell with its windowed entry foyer provides a nice bu?er between the lower unit and the studio. The space includes 2 skylights, a north-facing windowed pantry, an all-in-one new washer/dryer, and a newly renovated windowed bathroom. Other features include wide plank oak floors, 12’ angled beamed ceilings, exposed brick walls, and an amazing huge enclosed storage area.

The self-managed financially sound coop has maintained low maintenance: $1,500 maintenance for Studio 5.

Please call for related details and appointments for showing.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 4
- **Year Built**: 1844
- **Common Charges**: $1,500 / Monthly
- **Listed On**: Oct 21, 2022
- **Days on Market**: 1422 Days

### Residence Features

- In Unit
- Kitchen Window
- Dryer
- Washer/Dryer Stacked
- Dishwasher
- Washer
- City

## Sales Evidence

### Recent closed sales

One apartment at 46 Commerce Street has a recorded sale since September 2021, the most recent for $2,750,000 in September 2021. Prices are the figures recorded with the City, not asking prices.

| Unit | Sold Price | Sold | Source |
| --- | --- | --- | --- |
| 3/4 (Apartment) | $2,750,000 | September 22, 2021 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable co-op studio sales in West Village is $602,000, based on 56 sales between September 2024 and July 2026. This home is asking $699,000, $97,000 above that median. The middle half of those sales closed between $542,500 and $692,500.

- **Median closed price**: $602,000
- **Middle half**: $542,500 – $692,500
- **Based on**: 56 co-op studio sales in West Village
- **Period**: September 2024 – July 2026

Square footage is recorded for only 9 of these 56 sales (16%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 49 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 71% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from West Village instead.

### How these sales were negotiated

- **Sold vs original ask**: 96.9% of the original ask
- **Closed below ask**: 71% of 49 sales
- **Listed → in contract**: 70 days (about 10 weeks)
- **In contract → closed**: 80 days (about 11 weeks)

Across the 49 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 71% of them closed below the original ask.

Half of these homes were in contract within 70 days (about 10 weeks) of coming to market, based on the 50 with a recorded listing date.

Once a deal was agreed, closing took a further 80 days (about 11 weeks), based on the 51 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 56 co-op studio sales in West Village, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op studio sales in West Village, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $634,000 | 29 |
| 2018 | $613,250 | 18 |
| 2019 | $620,000 | 19 |
| 2020 | $608,750 | 26 |
| 2021 | $562,500 | 54 |
| 2022 | $658,500 | 46 |
| 2023 | $650,000 | 23 |
| 2024 | $640,000 | 34 |
| 2025 | $599,000 | 27 |
| 2026 | $620,000 | 22 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across West Village instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 46 Commerce Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/46-commerce-street)

## Price and Property History for 46 Commerce Street, Unit 5

Review the recorded listing activity for 46 Commerce Street, Unit 5, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $51,000, or 6.8%, on April 3, 2026
- **Originally listed**: October 21, 2022 at $999,000
- **Current asking price**: $699,000

| Date | Price | Listing event |
| --- | --- | --- |
| April 3, 2026 | $699,000 | Asking price reduced by $51,000, or 6.8% |
| October 21, 2022 | $999,000 | Listed for sale by Sothebys International Realty |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 5 apartments. The corporation’s 2026 property tax bill was $59,339 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 46 Commerce Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/46-commerce-street)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 46 Commerce Street

West Village · Stock Cooperative

46 Commerce Street, New York, NY 10014

A building in West Village, currently featuring 1 active listing.

- **Year Built**: 1844
- **Total Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/46-commerce-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10014/46-commerce-street-5-ny-10014) | Studio | 1 | — | — | $699,000 (-6.8%) | Sothebys International Realty | Oct 21, 2022 | 1,422 days |

## Estimated Monthly Payment

**$5,035 / month**, assuming a 20% down payment ($139,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,535
- **Common Charges**: $1,500

Estimates only. Actual payments may vary. Confirm terms with your lender.

## West Village

Overview of West Village

[Explore West Village](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby West Village

- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho)
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- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)

## Related Links

- [46 Commerce Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/46-commerce-street)
- [West Village neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
