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3 Hanover Square, #7H

$650,000 | 1 bed, 1 bath
View Full Building Profile  | 
42 days on Market

Key Details

  • Listed: Mar 18, 2024
    Days on Market: 42
    Building Type: Cooperative
    Neighborhood: Financial District (Manhattan)
Monthly Maintenance: $1,831
Est. Monthly Mortgage: $3,590
Total Est. Monthly Carrying Cost: $5,421
Note: the above is based on a down payment of 20% ($130,000), which is the minimum amount permitted by the building.

Description

An opportunity to design and renovate your own 1-Bedroom, 1-Bath at 3 Hanover Square! FiDi’s best deal! This apartment is one of the very few original condition units still existing in the building. Unit 7H offers approximately 950SF of space and features a large living space, large bedroom, a dining area adjacent to the kitchen and abundant closets throughout.

The ceilings can be raised to approximately 10.5-11FT, the kitchen can be fully opened and a separate home office can be created (all with board approval). The exposure is mainly southwest (SW) and there is a great view of quaint Stone Street from the bedroom window. This exposure offers views of architecturally rich neighboring buildings as well as great natural sunlight.

3 Hanover Square is a well-desired, full service prewar COOP which was once the Cotton Exchange.

Pre-war construction offers a quiet environment. The building has a full time doorman/concierge, live-in super, laundry room on every three floors and shared common storage space (at no additional cost) for every unit. The building is located in a prime FiDi location, adjacent to Stone Street row of restaurants and a five minute walk from the newly opened FiDi Whole Foods!

Short distance to ALL subway lines (2, 3, 4, 5, J, W, Z and the Fulton Street Hub) Nearby attractions, include the South Street Seaport with lots of retail options, eateries, Ipic Theater. Also nearby is the Westfield Mall featuring loads of shopping, downtown’s Eataly, the Oculus, Freedom Tower, and Brookfield place. Pets are allowed! The lobby and hallways have been fully renovated.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

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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