Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed March 6, 2025

3 Hanover Square #14EF
Closed For Sale Co-op

$1,600,000

3 Hanover Square #14EF

Financial District, Manhattan

MLS® #RLS10980960

RLS at REBNY

Listing by Compass

4

Bedrooms

3

Baths

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Year Built 1926
Ownership Co-op
Maintenance $4,376/mo
Neighborhood Financial District
Floor 14 of 23

Property Highlights

  • Views: River
  • Exposure: East,South facing
  • Character: Pre-war building (1926)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 3 Full
Floor 14 of 23
View River
Exposure East,South
Pets Yes, CatsOk, DogsOk
Year Built 1926
Structure Type HighRise
Flooring Laminate
Furnished Unfurnished
Parcel # 0028-0001-00003-000-00014EF
Block/Lot 00028/0001

Listing History

Event Date Price Change
Listed Mar 4, 2024 $1,899,000 -
Price Reduced Mar 6, 2025 $1,699,000 -10.5%
Currently May 5, 2026 $1,600,000 -5.8%

Description

3 Hanover Square is a premier co-op in the Financial District with a full-time doorman. Located in the heart of the neighborhood, this apartment is an opportunity not to be missed. 14EF is 4 bedroom loft with soaring ceilings. The unit has 3 full bathrooms plus a home office. The large living area gets great light through southern exposure and offers plenty of space for both living and dining. The renovated chef's kitchen features top-of-the-line amenities, including a breakfast bar and an open layout, perfect for entertaining. The primary bedroom features multiple closets including a spacious walk-in closet, river views and an en-suite bathroom. Additionally, this unit has abundant storage throughout with 14 closets, including a massive walk-in right by the front entrance. To top it off, the apartment also has an in-unit washer/dryer. 3 Hanover Square was built at the turn of the century as the home to the New York Cotton Exchange. In the late 1970s, 3 Hanover Square became the first major structure in the downtown area to be converted for full residential use. This renaissance prompted a rapid increase for this now-residential community and has become an integral part of transforming this downtown neighborhood. Historically, residents have been attracted to 3 Hanover Square because of its proximity to world financial markets and the generous size and unique shapes of the building's apartments. The building maintains a full-time concierge as well as a resident superintendent. There is a common storage space on each floor and a laundry room on every third floor. The building permits pets (except for tenants) and subletting, but no investors, please. Pied-a-terres are welcome. This elegant structure, located in this exciting neighborhood, is easy walking distance to many of the world's finest skyscrapers in lower Manhattan, the Subway (lines J, M, R, W, 1, 2, 3, 4, & 5), the South Street Seaport, the Westside bicycle path and the Battery Park promenade. Please call or email to schedule an appointment to see this one-of-a-kind, rarely available loft.

Features & Amenities

Interior Features

Breakfast Bar Chandelier Entrance Foyer High Ceilings Kitchen Island Recessed Lighting Walk In Closets Building Multiple Locations Common On Floor In Unit Flooring: Laminate

Appliances

Washer

Building Information

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

Financial Details

Maintenance $4,376/mo
Original Price $1,899,000
Sale Price $1,600,000
Previous Price $1,699,000

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

253

Median Asking Price

$1.30M

Median $/Sqft

$1,250

Avg Days on Market

N/A

New This Week

8

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/5/26, 10:36 AM EST

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Location

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3 Hanover Square #14EF, Financial District, New York County

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 $4,376 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 4 bedrooms and 3 full bathrooms.

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: RLS10980960
First Listed: 3/4/2024
On Market: 3/4/2024
Price Changed: 3/6/2025
Closed: 3/6/2025
Contract Date: 2/29/2024

Listing Courtesy of Compass - Adam Melnick

Listing Contact: (718) 614-4448

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 5/5/2026 at 2:36 PM UTC

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