Apartment hunting can be stressful and tiresome, especially when you need a New York City apartment. There are numerous neighborhoods to explore and live in between the five boroughs. Each offers unique characteristics, influenced by local businesses, public areas, and the attitudes of locals. At the bottom of Manhattan, renters can find the Financial District. Those looking to move to this area can consider leasing an apartment at 10 Hanover Square, a stylish high-rise building with modern units.
Living in the Financial District
The Financial District is a popular neighborhood for tourists and locals. Those visiting the city associate this downtown area with Wall Street, the 9/11 Memorial and Museum, and the ferry to the Statue of Liberty. However, this neighborhood boasts many opportunities for city residents. Plenty of businesses own offices in this area, offering a short commute for employees across industries like business, finance, and consulting.
Quiet Nights
Numerous people commute to the Financial District during the workday to head to their offices. On a warm summer day, walking around the streets can be difficult due to crowding from tourists and employees on their lunch breaks. However, the neighborhood transforms at night into a quiet and sleepy area. The neighborhood does not host a rampant nightlife scene, and those who wish to go out will need to traverse to other neighborhoods across Manhattan and Brooklyn or even parts of Queens.
This lack of nighttime activity can be a turnoff for some renters, especially younger people who enjoy spending their free time at bars, clubs, and trendy restaurants. However, it’s worth noting that many people across the city travel for their nightlife festivities, and the Financial District has plenty of public transportation options, making it easy to travel.
Ease of Travel
If you’re working in the Financial District, you’ll have a quick and easy commute to the office, likely by foot. For those who work in other parts of the city or those who need to visit other neighborhoods in general, there are tons of public transportation options available. The Fulton Street subway station hosts numerous subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains. However, this station is a bit difficult to navigate, as it spans several blocks and integrates numerous lines, all surrounded by the Fulton Center retail complex.
Average Rent in the Financial District
The average rent in New York City is $4,295 but can reach upwards of $4,500 in the busy summer months. The Financial District average rent usually trends higher than the city, due to a large presence of luxury apartments that offer costly amenities. Currently, Financial District renters should expect to spend $4,401 on an apartment. For a more accurate expectation, they can review the following average rent by room size in the neighborhood:
- Studio: $3,500
- One-bedroom: $4,570
- Two-bedroom: $6,495
While the neighborhood rents trend higher than most areas across the city, renters usually lease amenity-filled buildings that help them save on the cost of other memberships across the city. For example, renters may not require a gym subscription if they rent in a building with a fitness center.
Living at 10 Hanover Square, New York
Those who decide to live in the Financial District have several large buildings to choose from, including 10 Hanover Square. This apartment building spans 21 floors and includes common amenities like a sauna and steam room, a rooftop deck, and a children’s club room. The building usually has several vacant apartments at a time since it includes nearly 500 total apartments, meaning renters have options to lease here year-round. Tenants also benefit from a discounted gym membership to the on-site facility. The building sits near multiple points of public transportation, various restaurants, and Battery Park.
The building offers discounts from time to time and currently offers a free half month of rent on certain apartments. Renters can inquire with the management company about current offerings when they reach out. The building typically charges higher rents than the average in the neighborhood, so renters will need to ensure they analyze their budgets and allocate funds accordingly.
10 Hanover Square Reviews
Tenants leave mixed reviews for the building, leaving positive comments about the building staff and the people they interact with daily.
10 Hanover Square Apartments for Rent
At the moment, renters can find studio and one-bedroom apartments for rent at 10 Hanover Square. The available units include the following:
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Price: $3,992
Size: Studio, 1 Bath
Studio renters can choose this slick and modern apartment with modern fixtures. The kitchen overlooks the living space and includes stainless steel appliances, white cabinets, and counter space with room for barstool seating. Throughout the living space, renters will find numerous windows that let in natural light. The unit includes various ceiling lights, along with light hardwood floors and central air conditioning. Tenants also can take advantage of the in-unit washer and dryer to enhance their daily convenience.
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Price: $5,370
Size: 1 Bed, 1 Bath
Those who need a bit more space may consider a one-bedroom apartment, which features similar finishes to the studio units. This 867-square-foot apartment includes a long entryway with a coat closet. Renters will turn the corner with a bathroom and laundry closet to then find the bedroom on the right. The bedroom features a wall of floor-to-ceiling windows and a closet. Back in the main area, tenants will appreciate plenty of natural light since this corner unit includes windows on both walls.
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Conclusion
The Financial District is a popular neighborhood for New York City tenants and includes numerous high-rise buildings with modern amenities. 10 Hanover Square includes nearly 500 units that span several room sizes, making it an appropriate option for many kinds of renters. The units offer sleek interiors, and the building has numerous amenities surrounding fitness, leisure, and children’s interests. Those looking to move to the building can inquire about a listing on RentHop to connect with the landlord. From there, they can find an available unit that best fits their needs.
