Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,885,000

Listed at $2,000,000 · Sold 5.8% below asking · Closed December 8, 2020

3 Hanover Square #20-FG
Closed For Sale Co-op

$2,000,000

$1,000 per sq ft

3 Hanover Square #20-FG

Financial District, Manhattan

MLS® #RLS10024129

RLS at REBNY

Listing by R New York

3

Bedrooms

3

Baths

2,000

Sq. Ft.

1923

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,000 sq ft
Year Built 1923
Ownership Co-op
Maintenance $4,358.08/mo
Neighborhood Financial District
Floor 20 of 23

Property Highlights

  • Views: City, River
  • Exposure: East,South facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full
Floor 20 of 23
View City, River
Exposure East,South
Pets Yes
Cross Street William Street/Hanover Street
Year Built 1923
Living Area 2,000 sq ft
Architectural Style Prewar
Block/Lot 28/1

Listing History

Event Date Price Change
Listed Nov 4, 2009 $2,000,000 -
Currently May 10, 2026 $2,000,000 -

Description

Deal fell through. Back on the market. Sprawling sun-flooded 3 bedroom, 3 bath apartment corner apartment with river views truly feels like a house in the sky.

This loft-like home has undergone a thoughtful renovation seamlessly combining 2 adjacent apartments creating the perfect layout. Upon entering this spectacular home is a gracious entry foyer with a huge walk-in-closet. Welcoming you further into the apartment is an incredibly inviting one-of-a-kind cozy dining area thoughtfully designed with custom built-ins, lights and storage. The humongous 34' X 19" great room with soaring ceilings is surrounded by 6 enormous south and east facing windows flooding this home with sun light all day long.

This home features brand-new wide plank maple floors, all new noise abating windows, new HVAC systems, a huge eat-in-kitchen with dedicated home office and walk in pantry, 3 renovated gorgeous bathrooms, all new plumbing and fixtures, two spacious south facing bedrooms AND a sun flooded master suite w/private bath and walk in closet.

3 Hanover Square, formerly the Cotton Exchange, is one of downtown's most desirable pre-war residential building. The British Memorial Garden greets the residents directly in front of the building allowing a natural separation between the building and the rest of the city. The lobby and common areas have been recently renovated making this apartment the perfect place to call home. Excellent value at less than $1000 PSF. This is truly the one that you have been waiting for!

Features & Amenities

Interior Features

Dining Area Entrance Foyer Pantry Common Area New Windows

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $4,358.08/mo
Sale Price $1,885,000

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

257

Median Asking Price

$1.32M

Median $/Sqft

$1,257

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

21

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 5/10/26, 9:42 AM EST

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Location

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3 Hanover Square #20-FG, Financial District, New York County • Near William Street/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 $4,358.08 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $2,000,000 for 2,000 sq ft, the asking price per square foot is approximately $1,000. 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: RLS10024129
First Listed: 11/4/2009
Closed: 12/8/2020
Contract Date: 9/10/2018

Listing Courtesy of R New York - Jennifer Lee

Listing Contact: (212) 941-2642

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 5/10/2026 at 1:42 PM UTC

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