Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $660,000

· Closed January 12, 2023

3 HANOVER Square #12G
Closed For Sale Co-op

$660,000

$600 per sq ft

3 HANOVER Square #12G

Financial District, Manhattan

3 HANOVER SQUARE

MLS® #RLS10822080

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

1,100

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,100 sq ft
Year Built 1926
Ownership Co-op
Maintenance $2,089/mo
Neighborhood Financial District
Floor 12 of 23

Property Highlights

  • Exposure: East,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1926)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 12 of 23
Exposure East,South
Pets Yes
Cross Street STONE STREET and HANOVER STREET
Year Built 1926
Living Area 1,100 sq ft
Architectural Style Prewar
Parcel # 0028-0001-00003-000-000012G

Listing History

Event Date Price Change
Listed Jan 20, 2022 $775,000 -
Price Reduced Jan 14, 2023 $699,000 -9.8%
Currently May 6, 2026 $660,000 -5.6%

Description

The largest 1-BEDROOM, 1-BATH layout at 3 Hanover Square is now available in original condition. This sprawling, approximately 1100SF layout features a separate dining room, a large living room and dining room with great closet space, and open, SE facing views that allows for great natural light as well as direct views of the East River. The ceiling height is currently 8-FT but can be raised to approximately 10.5-11FT (with board approval). The room sizes are enormous and feature ample space for a separate home office, dining and entertaining.
3 Hanover Square is a well-desired, full service prewar COOP which was once the Cotton Exchange. Pre-war construction guarantees a quiet environment. The building has a full time doorman/concierge, live-in super, laundry room on every three floors and shared common storage space (at no additional cost) for every unit. The building is located in a prime FiDi location, adjacent to Stone Street row of restaurants, Delmonicos, Ciprianis and a short distance to ALL subway lines (2, 3, 4, 5, J, W, Z and the Fulton Street Hub), as well as a few minutes away from the new Whole Foods Market (opening soon). City Acres, a new food market, is also right around the corner. Nearby attractions, include the South Street Seaport with lots of retail options, eateries and the amazing Ipic Theater. Also nearby is the Westfield Mall featuring loads of shopping, downtown's Eataly, the Oculus, Freedom Tower, and Brookfield place featuring LeDistrict and many other eateries. Pets are allowed! The lobby was recently fully renovated.

Building Information

Financial Details

Maintenance $2,089/mo
Original Price $775,000
Sale Price $660,000
Previous Price $699,000

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

255

Median Asking Price

$1.30M

Median $/Sqft

$1,255

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/6/26, 5:28 AM EST

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Location

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3 HANOVER Square #12G, Financial District, New York County • Near STONE STREET and HANOVER STREET

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
23
Floors
202
Residential Units
C5-5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $27,187,200
Land Value: $3,672,000
Exemptions: $251,269

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 11,934 SF
Building Area: 239,121 SF
Built FAR: 20.04
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,089 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1926, making it approximately 100 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $660,000 for 1,100 sq ft, the asking price per square foot is approximately $600. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10822080
First Listed: 1/20/2022
Price Changed: 1/14/2023
Closed: 1/12/2023
Contract Date: 1/20/2022

Listing Courtesy of Douglas Elliman Real Estate - Simona Stanica

Listing Contact: (917) 623-8326

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 9:28 AM UTC

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