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A blog from CityRealty (Links below will take you to the 6sqft site)

3 Hanover Square

Between William Street & Hanover Street

Key Details

  • Year Built 1921
    Converted Year 1985
    Building Type Cooperative
    Neighborhood Financial District
  • Total Apartments 205
    Total Floors 23
    Pets Allowed
Avg. Price / ft2
N/A
Avg. Price / ft2
Avg. Price / ft2

Description

3 Hanover Square was constructed as an office building in 1926 and converted to a 205-unit cooperative in 1985. There are laundry rooms on every third floor, and the building is staffed by a full-time doorman/concierge and live-in superintendent. Every unit has access to shared common storage space. Pets are allowed.

3 Hanover Square is located in a prime Lower Manhattan location adjacent to Stone Street row of restaurants, Delmonico's, Cipriani's and a short distance to all subway lines (2, 3, 4, 5, J, W, Z and the Fulton Street Hub), as well as a few minutes away from the new Whole Foods Market. City Acres, a new food market, is also right around the corner. Nearby attractions include the South Street Seaport, Oculus, and Brookfield Place.

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Building Amenities

  • Concierge
  • Resident Storage
  • Garden
  • Washer/Dryer in building
  • Elevator

Apartments for Sale at 3 Hanover Square (4)

4
Available Apts
$665K - $1.3M
Price Range
$854
Avg. Price / ft2
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Apartments for Rent at 3 Hanover Square (2)

2
Available Apts
$1,995
Prices Start At
N/A
Avg. Price / ft2
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Rating

20
Out of 44

Architecture Rating: 20 / 44

+
29
Out of 36

Location Rating: 29 / 36

+
10
Out of 39

Features Rating: 10 / 39

=
59

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #4 Rated co-op - FIDI - BPC
  • #4 Rated co-op - Financial District
 

Carter Horsley's Review

Carter Horsley's Building Review
"This elegant, 24-story building was erected in 1926 as an office building and was converted in 1985 to a cooperative apartment house with 205 units.

Hanover Square originally was the city's first "printing house square," but the great 1835 fire wiped much of it out and many of the major newspapers moved their headquarters north later to Park Row facing City Hall." Read Carter's Full Review
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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More Neighborhood Info

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
at null and null 0.22 miles
  1. A
  2. C
at William 0.34 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$816,917
Avg. Price
Based on 6 Sales
 

Closing History - Last 10 sales

10
Units Sold
$485K - $1.4M
Price Range
$887
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 363 Available for Sale
  • $1,361 Avg. Price / Ft2
  • $1,737,158 Avg. Price
  • $1,190,000 Median Price
  1. Most Expensive 25 Park Row Apt 44A | $12,950,000
    Price / ft2 $3,617
  2. Least Expensive 56 Pine Street Apt 10C | $450,000
    Price / ft2 $1,039
Not enough data available to generate chart.
  • 345 Available for Rent
  • $55 Avg. Price / Ft2
  • $4,377 Avg. Price
  • $3,300 Median Price
  1. Most Expensive 50 West Apt 60B | $30,000
    Price / ft2 $100
  2. Least Expensive Cocoa Exchange Apt 1006 | $1,645
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 178 Total Sales
  • $1,281 Avg. Price / Ft2
  • $1,471,578 Avg. Price
  • $1,162,500 Median Price
  1. Most Expensive The Beekman Residences Apt PH 51 | $10,400,000
    Price / ft2 $2,926
  2. Least Expensive Downtown Club Apt 35F | $406,614
    Price / ft2 $1,064

Alternate Address

  • 3 Honover Square

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