Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $400,000

· Closed August 1, 2023

3 HANOVER Square #8B
Closed For Sale Co-op

$400,000

3 HANOVER Square #8B

Financial District, Manhattan

3 Hanover Square

MLS® #RLS10873241

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1926
Ownership Co-op
Maintenance $1,049/mo
Neighborhood Financial District
Floor 8 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 8 of 23
Pets Yes
Cross Street STONE STREET and HANOVER STREET
Year Built 1926
Architectural Style Prewar
Parcel # 0028-0001-00003-000-000008B

Listing History

Event Date Price Change
Listed Feb 21, 2023 $440,000 -
Price Reduced Aug 1, 2023 $420,000 -4.5%
Currently May 6, 2026 $400,000 -4.8%

Description

This spacious studio, located in the historic New York Cotton Exchange, greets you with an entry foyer and hallway wide enough to work from your home office. A warm and inviting living room is flooded by natural light during the day. The space is roomy enough for sleeping, seating and and dining areas and features high ceilings. There are large closets and an overhead space offering ample storage, as well as a dressing area. Additional storage is allocated to this unit is located on the same floor, several feet from the entrance to the apartment. The existing Murphy bed and other furnishings can be included with the sale of the apartment.

3 Hanover Square features 24 hour attended lobby, a live-in super and laundry rooms every 3 floors (including one floor above this unit). Located in historic Hanover Square, the building is close to all the landmarks and advantages of the financial district: Wall Street, multiple transportation options, the South Street Seaport, ferries around the city and to beaches in the summer. Also nearby are many restaurants and bars, in particular those on Stone Street. The recently opened Whole Foods and other specialty food stores offer may options for your grocery shopping.

There is a monthly assessment of $59 through 2023.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,049/mo
Original Price $440,000
Sale Price $400,000
Previous Price $420,000

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, 1:12 AM EST

Similar Listings in Financial District

View All

Location

Loading map...

3 HANOVER Square #8B, 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 $1,049 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: RLS10873241
First Listed: 2/21/2023
Price Changed: 8/1/2023
Closed: 8/1/2023
Contract Date: 2/21/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Manuel Fueyo

Listing Contact: (212) 588-5687

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 5:12 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 Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton