Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $715,000

· Closed October 21, 2025

3 Hanover Square #21C
Closed For Sale Co-op

$715,000

3 Hanover Square #21C

Financial District, Manhattan

MLS® #RLS11023888

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1926
Ownership Co-op
Maintenance $2,124/mo
Neighborhood Financial District
Floor 21 of 23

Property Highlights

  • Exposure: North,South,West facing
  • Character: Pre-war building (1926)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 21 of 23
Exposure North,South,West
Pets Yes, CatsOk, DogsOk
Year Built 1926
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00028/0001

Listing History

Event Date Price Change
Listed Dec 4, 2024 $895,000 -
Price Reduced Oct 28, 2025 $759,000 -15.2%
Currently May 3, 2026 $715,000 -5.8%

Description

-Laundry Room On The Floor -Custom Lighting Throughout -Newly Renovated, Never Lived In -Open River Views With Southern, Western and Northern Exposures Reject cookie-cutter white box living in this expansive one-bedroom, one-bathroom penthouse level unit featuring exceptional finishes, one-of-a-kind views, generous storage and an outstanding Downtown location in a historic, full-service FiDi cooperative. Inside this approximately 900-square-foot showplace, beamed ceilings rise above dark, wide-plank floors and oversized tilt/turn windows on the northern, southern and western exposures. A gracious foyer flanked by a coat closet ushers you into a massive 30-foot-long great room perfect for relaxing and entertaining. In the living area, you’re surrounded by custom built-ins and glorious atrium views that give the home a garden-apartment ambiance high on the 21st floor. Plan your next dinner party in the bright dining room featuring a designer light fixture and partial East River views. The open designer kitchen elevates every meal with custom cabinetry, a pull-out pantry, quartzite countertops, a large waterfall island/breakfast bar and pendant lighting. Enjoy a suite of upscale Jenn-Air and Liebherr stainless steel appliances, including a gas range, bottom-freezer refrigerator, dishwasher and built-in microwave. Head to the corner bedroom to discover exposed brick, a sunny skylight, roomy closets and a generous king-size layout. The sophisticated spa bathroom boasts a wide vanity, custom mirror, walk-in benched shower and elegant floor-to-ceiling stone tile. Lutron dimmer switches and a dedicated storage unit add wonderful convenience to this fantastic FiDi retreat. Originally built for the New York Cotton Exchange, 3 Hanover Square is a regal limestone building and one of the Financial District’s first residential conversions. Residents of the well-maintained co-op enjoy full-time doorman/concierge service, a live-in superintendent, a bike room, laundry on every third floor, and storage on each level. Pets, pieds-à-terre and subletting are permitted with board approval. Situated in the historic Financial District, just a stone’s throw from Wall Street and the revitalized Seaport District, this home enjoys easy access to fantastic Downtown shopping, dining, nightlife and entertainment. There is a bagel shop, deli and restaurants within the building, and the Oculus/Westfield World Trade Center, Whole Foods, and Stone Street’s great outdoor cafés and bars are just blocks away. Relax in the Queen Elizabeth II Garden pedestrian plaza right outside the building, or head to the river bikeways or The Battery for waterfront outdoor space and recreation. Transportation options are plentiful with J/Z, 2/3, 4/5 and R trains, excellent bus service, CitiBikes and the Pier 11 ferry landing all just minutes away. The maintenance listed features a one-time $6,000 credit at closing, which translates to a $500 monthly discount on maintenance fees for the first year of ownership

Features & Amenities

Interior Features

Breakfast Bar Built In Features High Ceilings Building Multiple Locations Flooring: Hardwood

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 202
Stories 23
Structure HighRise

Financial Details

Maintenance $2,124/mo
Original Price $895,000
Sale Price $715,000
Previous Price $759,000

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

250

Median Asking Price

$1.29M

Median $/Sqft

$1,250

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/3/26, 7:38 AM EST

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Location

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3 Hanover Square #21C, Financial District, New York County

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 $2,124 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

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.

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: RLS11023888
First Listed: 12/4/2024
On Market: 12/4/2024
Price Changed: 10/28/2025
Closed: 10/21/2025
Contract Date: 12/2/2024

Listing Courtesy of Compass - Hoffman Dylan Hildreth

Listing Contact: (646) 431-2260

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 5/3/2026 at 11:38 AM UTC

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