Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $418,000

Listed at $428,000 · Sold 2.3% below asking · Closed April 18, 2023

3 Hanover Square #19A
Closed For Sale Co-op

$428,000

3 Hanover Square #19A

Financial District, Manhattan

MLS® #RLS10845711

RLS at REBNY

Listing by New York Living Solutions

Studio

1

Bath

N/A

Sq. Ft.

1978

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1978
Ownership Co-op
Maintenance $973/mo
Neighborhood Financial District

Property Highlights

  • Location: Financial District, Manhattan
  • Property Type: Co-op
  • Built: 1978

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Pets Yes
Year Built 1978
Parcel # 0028-0001-00003-000-000019A

Listing History

Event Date Price Change
Listed Nov 17, 2022 $428,000 -
Price Reduced Dec 5, 2022 $448,000 +4.7%

Description

#19A at 3 Hanover Square is your unique opportunity to experience the finest of downtown living at a bargain value! Nestled on a high floor, this renovated alcove studio (convertible one bedroom) provides a great configuration and endless possibilities for live, work and leisure. Upon entering the modest yet gracious foyer, you will encounter the updated bathroom and a generous coat closet. As you continue, the main room opens up into a spacious living area, separate alcove (most commonly used as the bedroom area) and a separate high end kitchen. The living area can comfortably accommodate a variety of furniture including a sectional couch, coffee table, desk and high table and the alcove space is queen-sized. Two northern facing windows with Juliette Balconies provide a steady stream of sunlight. The separate kitchen is a chefs dream, featuring sleek white finishes, high end stainless steel appliances, ample counter space and plenty of storage. Dark-stained hardwood floors abound throughout the unit and new light fixtures have been added to enhance the space. The bathroom embodies a similar aesthetic with a simple yet elegant vanity, dark-stoned floors and a stall shower. The unit features approximately 9 ft ceilings throughout, and many units have expanded their ceilings an additional 1-2 ft. The unit contains three large closets and the building provides additional storage at no additional cost!

Formerly the Cotton Exchange Building, 3 Hanover Square is a premier pre-war co-op with a suite of amenities including full-time doorman/concierge, live-in supervisor, laundry rooms on every three floors and free shared storage space. Located in the burgeoning Financial District home to a multitude of attractions such as The Oculus, Freedom Tower, Brookfield Mall, The Historic Southstreet Seaport District and within close proximity to the lush Battery Park City. Local dining favorites include Eataly, Ciprianis, Delmonicos and Jean-Georges newly opened Tin Building, an acclaimed food hall featuring a variety of delectable cuisines. Whole Foods at 1 Wall street will be a highly anticipated addition to the neighborhood. Transportation options are plentiful with the majority of train lines (A/C/E, 2/3, J/W) converging at Fulton and Wall.

SELLER INCENTIVE!
Seller is offering a $400 monthly maintenance credit for the first year of ownership. Listed maintenance reflects this credit. Please inquire for more info.



Features & Amenities

Interior Features

Common Area

Financial Details

Maintenance $973/mo
Sale Price $418,000
Previous Price $448,000

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, 3:35 AM EST

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Location

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3 Hanover Square #19A, 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 $973 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1978, making it approximately 48 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: RLS10845711
First Listed: 11/17/2022
Price Changed: 12/5/2022
Closed: 4/18/2023
Contract Date: 10/14/2022

Listing Courtesy of New York Living Solutions - Russell Putterman

Listing Contact: (516) 603-2364

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 7:35 AM UTC

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