3 Hanover Square, New York, NY 10004

Financial District, Downtown Manhattan, Manhattan
Building in Financial District
23 Stories
202 Units
Built in 1926
3 Hanover Sq - Photo 1
3 Hanover Sq, Apt 7K
Financial District, Downtown Manhattan, Manhattan
$3,295
|
Studio
|
1 Bath
By Simona Stanica
No Fee
Welcome to 3 Hanover Square, a building located in Financial District, Downtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1926. This is a relatively tall building with a total of 23 floors. From what we gather, there are a total 202 residential units. Finally, 3 Hanover Square was most recently sold on Dec 8, 2020 for $1,885,000. The market value for the land that the building sits on has been listed at $8,160,000. In addition, improvements upon the building have an added value of $48,878,000. In total, the total market value of the property as a whole is $57,038,000. According to local assessors, the total value of the building is currently valued at $21,519,900. Specifically, the value of the land that the property sits on has been assessed at $3,672,000. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1926
Effective Year Built
1978
First Altered Year
1978
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
23
Total Unit Count
211
Living Units
211
Residential Unit Count
202
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Location Influence Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
228,121
Commercial Building Floor Area
11,000
Retail Building Floor Area
11,000
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Residential
Lot Type
3
Land Acres
0.274
Land Use
03
Standard Land Use Code
Cooperative unit (residential)
County Land Use Code
unknown
Irregular Lot Code
Y
Extension Code
N
Sanborn Map Number
101S006
Ownership
Current Owner's Name
3 HANOVER SQUARE OWNERS CORP
Neighborhood
Census Block
1023
Community District
101
City Council District
1
Police Precinct
1
Fire Company
L015
Health Area
7700
Sanitation District Borough
1
Sanitation Subsection
1B
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
000700
Census Block Code
6002
Census Group
6
Census Year
2020
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610007006002
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0007
Census Tract Code
000700
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
C5-5
Special Purpose District 1
LM
Zoning Map Number
12b
Geography
Account Number
1-00028-0001
District
01
Section
101
Parcel
00028-0001
Borough Name
MN
Borough Code
1
Block
28
Lot
1
Lot Code
unknown
Borough Block Lot
1000280001
Latitude
40.705
Longitude
-74.0096
FIPS
36061
Mailing Carrier Code
C021
Mailing Full Street Address
3 HANOVER SQ
Mailing House Number
3
Mailing Street Mode
SQ
Mailing Street
HANOVER
Mailing 4-Digit Zip Code
2615
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
981582
Y Coordinates
196128
Valuation
Timestamp
2024-02-08 19:35:29
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 239,121 square feet. To break it down, the depth of the building was measured at 89 square feet and the front is listed as 116 square feet. In comparison, the lot area is listed as 11,934 square feet. The depth of the property lot was measured at 89 square feet and the front at 116 square feet. The building itself has 239,121 square footage of total floor area. Out of that, 228,121 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 3 Hanover Square is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Financial District area have a median price of $4,295. Those in the 25th percentile, have a price around $3,531. While those in the 75th percentile, have a price around $5,450. Typically, the buildings in this area have a median sqft of 679. That means that the median price per sqft is around $7. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $8. As a breakdown, we've included the following stats:

  • There are currently a total of 579 studio listings. The median price for these types of listings is $3,450. That's $7.20 price per sqft.

  • There are currently a total of 527 one bedroom listings. The median price for these types of listings is $4,500. That's $6.77 price per sqft.

  • There are currently a total of 244 two bedroom listings. The median price for these types of listings is $6,350. That's $6.37 price per sqft.

  • There are currently a total of 73 three bedroom listings. The median price for these types of listings is $7,280. That's $5.66 price per sqft.

  • There are currently a total of 40 four bedroom listings. The median price for these types of listings is $7,398. That's $5.81 price per sqft.
About The Area
3 Hanover Square is located in New York County, New York. There are 1,634,989 people living here. There are 753,385 households. Most of these households have an average family size of 3.09 people. According to the census, 77% are currently renting while 23% own their homes. The median age of this population is around 36.7 years old. On average, most folks in the county are unmarried. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 62.9%. Speaking of employment, the median income is $75,513. Most folks will commute by public transportation for around 31.4 minutes. Finally, we know that 13% of residents in the area have graduated with their high school degree. Additionally, 32% and 29% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$3,450
Studio Median Rent
$4,500
1BR Median Rent
$6,350
2BR Median Rent
$7,280
3BR Median Rent
PUBLIC TRANSIT
J
Z
Broad St (720 ft - 3 min walk)
MTA New York City Transit
2
3
Wall St (720 ft - 3 min walk)
MTA New York City Transit
N
R
W
Whitehall St-South Ferry (0.22 mi - 5 min walk)
MTA New York City Transit
4
5
Wall St (0.22 mi - 5 min walk)
MTA New York City Transit
4
5
Bowling Green (0.24 mi - 5 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PECK SLIP SCHOOL (THE)  •  0.47 mi
1 Peck Slip, New York, NY 10038
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
JHS 104 SIMON BARUCH  •  2.63 mi
330 E 21st St, New York, NY 10010
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
CLINTON SCHOOL (THE)  •  2.35 mi
10 E 15th St, New York, NY 10003
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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