Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $425,000

· Closed October 29, 2021

3 HANOVER Square #5K
Closed For Sale Co-op

$425,000

3 HANOVER Square #5K

Financial District, Manhattan

3 HANOVER SQUARE

MLS® #RLS10028504

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1926
Ownership Co-op
Maintenance $934/mo
Neighborhood Financial District
Floor 5 of 23

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1926)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 23
Pets Yes
Cross Street STONE STREET and HANOVER STREET
Year Built 1926
Architectural Style Prewar
Parcel # 0028-0001-00003-000-000005K

Listing History

Event Date Price Change
Listed Sep 9, 2021 $412,000 -
Currently May 9, 2026 $425,000 +3.2%

Description

Residence 5K at 3 Hanover Square offers an elegant and strategically designed alcove studio hard to find anywhere else in the Financial District. Located in the heart of historic Hanover Square, this studio comes with French sliding doors that separate the living area from the sleeping area in a mindful yet charming way. Direct views of the East River are straight ahead upon entry.

Bright light floods this space entirely and continues to flow through the transom window above the sliding doors. Illuminating the 11 foot ceilings, hardwood plank oak floors, and detailed crown molding, the abundant lighting defines this open space. The separate kitchen includes limestone floors, a dishwasher, and a perfect amount of cabinet space. Maximizing every possible inch, there is a myriad of storage space in the rest of this unit including 2 large closets adjacent to the bathroom and more alongside the kitchen.

This full-service building includes a 24/7 attended doorman lobby, package room, live-in super, complimentary storage, and laundry on every 3 floors making laundry access from 5K one flight up. 3 Hanover Square is just minutes away from Stone Street, the East River, and several shopping and dining options in The Seaport such as Brookfield Place and The Oculus. You are also centrally located to all major subway lines including the new Fulton Street Hub.
Assessment of $150 for the next 12 months.

Building Information

Financial Details

Maintenance $934/mo
Original Price $412,000
Sale Price $425,000
Previous Price $412,000

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)

22

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 5/9/26, 7:26 PM EST

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Location

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3 HANOVER Square #5K, Financial District, New York County • Near STONE STREET and 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 $934 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 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: RLS10028504
First Listed: 9/9/2021
Price Changed: 10/29/2021
Closed: 10/29/2021
Contract Date: 5/4/2021

Listing Courtesy of Douglas Elliman Real Estate - Danielle Sevier

Listing Contact: (917) 991-5386

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 5/9/2026 at 11:26 PM UTC

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