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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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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Year
Avg Price / Ft2 (Est)
Median Price / Ft2 (Est)
Avg. Actual Price
Med. Actual Price
Transactions
2025
-
$1,027,500
-
$1,027,500
2
2024
$851
$609,167
$882
$575,000
6
2023
$879
$819,136
$901
$775,000
11
2022
$912
$707,500
$932
$710,000
9
2021
$872
$744,167
$802
$710,000
9
2020
$938
$969,500
$924
$785,000
7
2019
$887
$838,758
$930
$767,500
9
2018
$1,046
$889,236
$1,000
$665,000
4
2017
$929
$668,500
$946
$590,000
14
2016
$1,000
$805,500
$982
$794,500
10
2015
$848
$845,556
$840
$775,000
9
2014
$708
$606,533
$773
$450,000
15
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Year
Avg Price / Ft2 (Est)
Median Price / Ft2 (Est)
Avg. Actual Price
Med. Actual Price
Transactions
2013
$769
$677,767
$763
$605,000
15
2012
$584
$439,577
$567
$350,000
13
2011
$563
$513,500
$562
$522,000
7
2010
$609
$511,650
$619
$440,250
16
2009
$578
$415,714
$615
$360,000
7
2008
$738
$581,875
$741
$584,500
8
2007
$755
$723,308
$730
$614,000
13
2006
$725
$581,355
$730
$585,000
16
2005
$597
$537,176
$586
$365,000
17
2004
$448
$466,150
$458
$407,500
20
2003
$390
$336,313
$412
$357,500
12
Please note that price/ft2 calculations is from only 72% of total transactions during the period
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