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3 Hanover Square

3 Hanover Square, New York, NY 10004
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3 Hanover Square is a Co-op located in Financial District, New York. The building was first built in 1926 and is 98 years old. It was first renovated and altered in 1978. The lot that the building was built on is 116 feet wide and 89 feet long. The official lot area is listed as 11,934 square feet. The building itself is 116 feet wide and 89 feet long. In total, 3 Hanover Square has a total floor area of 239,121 square feet. Of that, 228,121 square feet are used for residential purposes. About 11,000 square feet of the building are used for commercial purposes. There are a total of 211 units. Of those, 202 are residential units. There are nine commercial units. 3 Hanover Square has a total of 23 floors. Thankfully, the building is equipped with elevator service. Residents can access the four elevators in 3 Hanover Square.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 229 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 255 days Meaning, listings tend to sell at a median of $1,073 price per square foot. The transaction that took the longest to complete was unit 7E, listed on Mar 07, 2021 for $750,000. This particular unit ultimately sold 365 days later for $710,000. The most recent transaction was for unit 2H, sold for $1,575,000 on Dec 05, 2023. Fun fact, the oldest transaction we have on record took place on Nov 20, 1973. See the full transaction history for 3 Hanover Square below.

Financial District, where 3 Hanover Square is located, has a median asking price of $1,200,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $782,500. For interested buyers, that means the building's median asking price is around 0.35% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Laundry

Washer / Dryer Allowed

Services

Doorman

Pet Policy

Dogs Allowed / Cats Allowed

Accessibility

Elevators
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220418 Unit 6A
04/18/2022
6A
Studio
1 Bath
-
$515,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1926
  • First Altered Year: 1978
  • Building Count: 1
  • Floor Count: 23
  • Total Unit Count: 211
  • Residential Unit Count: 202
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 11,934
  • Lot Size Depth Feet: 89
  • Lot Size Frontage Feet: 116
  • Building Depth: 89
  • Building Frontage: 116
  • Gross Building Area: 239,121

    Building Floor Area

  • Residential Building Floor Area: 228,121
  • Commercial Building Floor Area: 11,000
  • Retail Building Floor Area: 11,000

    Floor Area Ratio

  • Built Floor Area Ratio: 20
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 15
  • Facilities Floor Area Ratio: 15

Building

  • Building Type: D0
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: Y
  • Extension Code: N

Neighborhood

  • Community District: 101
  • City Council District: 1
  • Police Precinct: 1
  • Fire Company: L015
  • Health Area: 7700
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C5-5
  • Special Purpose District 1: LM

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 28
  • Lot: 1
  • Borough Block Lot: 1000280001

    Address

  • Full Address: 3 Hanover Square
  • Zip Code: 10004

Valuation

    Assessments Valuation

  • Assessed Total Value: $21,519,900
  • Assessed Land Value: $3,672,000

    Exemptions

  • Exempt Total Value: $289,514
  • Exempt Land Value: $0

About Downtown Manhattan



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Frequently Asked Questions

What neighborhood is 3 Hanover Square located in?
The 3 Hanover Square is a Co-op located in the neighborhood of Financial District in Downtown Manhattan, New York.
What is the average sales price for listings in 3 Hanover Square?
The average sales price for units in 3 Hanover Square is $782,500 , or $1,073/sqft. currently.

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