Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,100,000

Listed at $1,150,000 · Sold 4.3% below asking · Closed January 12, 2023

Closed For Sale Co-op

$1,150,000

3 Hanover Square #11C

Financial District, Manhattan

MLS® #RLS10939214

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1923

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Lot Size 11,934 sq ft
Year Built 1923
Ownership Co-op
Maintenance $2,317/mo
Neighborhood Financial District
Floor 11 of 23

Property Highlights

  • Exposure: South,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1923)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 11 of 23
Exposure South,West
Pets Yes
Year Built 1923
Architectural Style Prewar
Structure Type HighRise
Furnished Unfurnished
Lot Size 11,934 sq ft
Parcel # 0028-0001-00003-000-000011C
Block/Lot 00028/0001

Listing History

Event Date Price Change
Listed Sep 6, 2022 $1,150,000 -
Currently May 6, 2026 $1,150,000 -

Description

Residence #11C is a light-filled oversized two-bedroom plus home-office/flex room that offers outstanding value and space in a prime FiDi location just a stone’s throw from the waterfront. The residence features high ceilings, sunny South and West exposures, oversized windows, loft-like prewar architecture and scale, and a gracious flow with separation and privacy between entertaining rooms and sleeping quarters. In addition, there is generous closet space throughout the apartment as well as common storage space on every floor of the building. Buyers can enjoy this lovely residence as-is or conduct a tailored renovation to make it their perfect fit. Please note that the rooms have been virtually furnished and that there is currently a $269/month assessment as well as a 3% building flip tax. 3 Hanover Square is the former home of the Cotton Exchange and one of the Financial District’s pre-eminent prewar cooperatives. The building enjoys a full-time doorman and staff, resident manager, central laundry room every three floors, and recently renovated lobby and hallways. The property occupies an ideal location near the waterway bike, jog, and park green spaces, Michelin rated dining and cocktail venues, the Tin Building by Jean Georges, Casa Cipriani, the beloved iPic theater, City Acres Market Food Hall, the New Wholefoods, and a plethora of transportation lines including the 1/2/3/4/5/6/J/Z/R/W subway lines and Pier 11 ferries.

Features & Amenities

Interior Features

Elevator Storage Common On Floor Common Area Laundry Room

Exterior Features

Building Courtyard Courtyard

Appliances

Dishwasher

Building Information

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

Financial Details

Maintenance $2,317/mo
Sale Price $1,100,000

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

Similar Listings in Financial District

View All

Location

Loading map...

3 Hanover Square #11C, Financial District, New York County

Virtual Tour

View Virtual Tour

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 $2,317 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 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1923, making it approximately 103 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: RLS10939214
First Listed: 9/6/2022
On Market: 9/6/2022
Price Changed: 9/6/2022
Closed: 1/12/2023
Contract Date: 9/6/2022

Listing Courtesy of Sothebys International Realty - Alexander Novack

Listing Contact: (212) 606-7605

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

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton