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3 Hanover Square, #9G

$620,000 ($954 per ft2) | Studio, 1 bath | Approx. 650 ft2
Building Profile  | 
30 days on Market

Key Details

  • Listed: Oct 6, 2024
    Days on Market: 30
    Building Type: Cooperative
    Neighborhood: Financial District (Manhattan)
Monthly Maintenance: $1,195 ($1.84/ft2)
Est. Monthly Mortgage: $3,287
Total Est. Monthly Carrying Cost: $4,482 ($6.90/ft2)
Note: the above is based on a down payment of 20% ($124,000), which is the minimum amount permitted by the building.

Description

Located in the historic New York Cotton Exchange, Apartment 9G at 3 Hanover Square presents a unique opportunity to own a spacious and recently renovated studio in the Financial District. This sun-drenched, loft-like home is marked by soaring 11’ 3 ceilings and large windows which allow for natural light to stream throughout. Upon entry, the expansive hallway is outfitted with carefully hidden storage.

The sleek and functional kitchen features marble countertops, a glass backsplash, and an abundance of storage. Kitchen appliances include a Summit refrigerator, Miele dishwasher, and GE monogram range with cooktop. The renovated bathroom features a generous walk-in shower and elegant floor-to-ceiling Italian glass tiles.

Additional luxuries include four closets designed by Elfa, custom shades. Best of all, laundry & storage on the very same floor! Building amenities include a full-service doorman and a live-in super.

In the 1980s,

3 Hanover Square was first major building in the Financial District to be converted into an elegant cooperative building, joining the National Register of Historic Places. Located in the serene British Memorial Garden and moments away from the waterfront, restaurants, bars, shops, including New York City iconic stops such as Stone Street, Harry’s and more. Conveniently located near many transportation options including numerous subway lines, M-15 bus, Citi Bike, and ferry routes.

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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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