In order to investigate the impact of disturbance of the steel sleeve on adjacent subway during the construction of the pile foundation, the finite element software MIDAS GTS was used to simulate the press-in process of steel sleeve. The influence of construction sequence and the interface parameter of steel sleeve and soil on the deformation of the subway was analyzed. The results show that, the deformation of the adjacent subway caused by the press-in of steel sleeve is permitted and accepted, the full-sleeve caisson pile is a suitable pile foundation near subway. The impact of construction disturbance on adjacent subway can be decreased, when the steel sleeve is constructed symmetrical on the both side of the tunnel. The displacement of the subway structure is sensitive to the friction angle and cohesion of the interface unit of steel sleeve and soil. The deformation of the subway tunnel increases significantly with the increase of those parameters. The adverse effect of steel sleeve construction on tunnel can be reduced, when the interface parameter of steel sleeve and soil was improved.