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In Contract

3 Hanover Square, #4A

$435,000 ($757 per ft2) | Studio, 1 bath | Approx. 575 ft2
View Full Building Profile  | 
38 days on Market

Key Details

  • Listed: Mar 22, 2024
    Days on Market: 38
    Building Type: Cooperative
    Neighborhood: Financial District (Manhattan)
Monthly Maintenance: $1,008 ($1.75/ft2)
Est. Monthly Mortgage: $2,402
Total Est. Monthly Carrying Cost: $3,410 ($5.93/ft2)
Note: the above is based on a down payment of 20% ($87,000), which is the minimum amount permitted by the building.

Description

Welcome to this charming, pet-friendly alcove studio apartment, easily convertible into to a one bedroom - located on Hanover Square in the heart of New York City’s Financial District.

The Apartment
This cozy yet spacious home features hardwood floors throughout, creating a warm and inviting atmosphere. The kitchen is a chef’s dream with pristine mica countertops and luxury brand stainless steel appliances such as a general electric conventional oven and whirlpool fridge/freezer. Adjacent to the kitchen is a large dining area, perfect for hosting dinner parties or enjoying a quiet meal at home.

The layout of this home is incredibly versatile with an alcove sleeping area and custom built-in murphy bed, equipped with additional decorative shelving and storage. The bathroom is in perfect condition, complete with a dressing area and deep closet for all your storage needs. Ample storage can be found throughout the apartment including a wall of closets in the living room.

A through-the-wall HVAC unit providing both heat and cold air options, ensures you’ll be comfortable all year-round. This home is truly ideal for a first-time buyer or anyone looking for a convenient pied-a-terre in the City. Possibilities are endless with this layout, offering the option to easily convert into a one bedroom if desired.

The Building
The building is a full-service pre-war Cooperative, offering a full time doorman/concierge, live-in super, laundry room every three floors and a shared common storage space (at no additional cost) for every apartment.

Located in a prime location, adjacent to Stone Street, Wall Street steps away and a quick walk to all subway lines (2, 3, 4, 5, J, W, Z and the Fulton Street Hub). More attractions include the renowned South Street Seaport and Battery Park. Pets are allowed! Subletting allowed with Board Approval as well as co-purchasing.

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Apartment Amenities

  • Northern Exposures
  • River View

Listing Agent (Seller's Representative)

Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 3 Hanover Square

59

3 Hanover Square has received a CityRealty Rating of 59, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
29
Out of 36
+
10
Out of 39
=
59
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1985
  • Concierge
  • Resident Storage
  • Garden
  • Washer/Dryer in building
  • Elevator

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Pros
  • Elegant pre-war former office tower
  • Close to the South Street Seaport
  • Doorman
  • Not far from subways
  • Exciting neighborhood
  • Close to waterfront
Cons
  • Considerable traffic
  • Many apartments
  • No balconies
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Subways

  1. J
  2. Z
at Nassau and Cedar 0.13 miles
  1. 2
  2. 3
at William and Cedar 0.13 miles
  1. 4
  2. 5
at Broadway and Rector 0.21 miles
  1. 1
  2. R
Whitehall Street 0.22 miles
  1. A
  2. C
at William 0.34 miles

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