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First look at the ring Derek Jeter gave Hannah Davis

Hannah Davis and Derek Jeter are headed down the aisle — but first, they’ll conquer the streets of Manhattan.

The model showed off her stunning engagement ring from her 41-year-old fiancé as she strolled down Fifth Avenue with her mom on Monday.

The eye-popping ring features either a classic round or cushion cut diamond that’s between 4 and 6 carats, a handful of jewelers in the Diamond District estimated. One told Page Six that considering the high-quality rock Jeter can afford, the ring likely set him back between $150,000 and $200,000.

“It’s a classic, timeless piece,” noted one jeweler. “Classic is always in.”

Another seller noted that the ring is probably on the larger side of the 4- to 6-carat range because 5-foot-10 Davis has large hands, which would dwarf a ring.

Jeter and DavisSplash News

Wearing a black jacket, form-fitting jeans and boots and shielding her face with sunglasses, the 25-year-old beauty walked arm-in-arm with mom Deborah as she clutched a coffee cup.

Meanwhile, the retired Yankee ventured out separately to head to a meeting in Midtown.

Jeter popped the question late last month and was said to have been planning the proposal for some time. The pair has been dating on and off since 2012.

“It was for their [three-year] anniversary,” a source confirmed to Page Six.

The source added Jeter had even asked Davis’ parents “for permission” for her hand in marriage “a few months ago.”

But the baseball great canceled a scheduled appearance last week just as news broke he’d popped the question, bailing on a party for DuJour magazine’s inaugural “Gamechangers” issue along with Katie Couric and Brian Chesky.

On Tuesday, Jeter referred to Davis as his fiancée in a post on The Players’ Tribune in which he wrote about his life as a dog owner.

“I had no idea what I was in for as a new dog owner,” he wrote. ‘[The dog] was a Christmas gift last year from my fiancée, whose family had Mastiffs growing up. I’ve never owned a pet in my life.”

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