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Welcome to an exceptional residence at 3 Hanover Square, where classic charm meets modern convenience. This stunning highrise co-op offers a spacious layout featuring 2-Bedrooms and 2-Bathrooms across four well-designed rooms. Bathed in natural light, thanks to its east, south and west exposures, this home boasts oversized windows that frame captivating city and river views. The F line is a high floor, spacious, airy and super bright 2-Bedroom, 2-Bathroom layout at 3 Hanover Square which features a renovated kitchen with stainless steel appliances, new counters, floors and backsplash. The bathrooms are in original condition. The primary suite features an en-suite bath as well as three oversized windows and a double exposure (southeast views). There are new hardwood floors throughout, new baseboards, and lots of closets throughout. Ceilings can be raised with board approval and proper procedures as per the alteration guidelines. Some photos are virtually staged with furniture. 3 Hanover Square is a well-desired, full service, prewar COOP which was once the Cotton Exchange. Pre-war construction guarantees a quiet environment. The building has a full time doorman/concierge, live-in super, laundry room on every three floors. The building is located in a prime FiDi location, adjacent to Stone Street row of restaurants, Delmonico’s, Cipriani 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. Nearby attractions, include the South Street Seaport with lots of retail options, eateries and the amazing Ipic Theater. Also nearby is the Westfield Mall featuring loads of shopping, downtown’s Eataly, the Oculus, Freedom Tower, and Brookfield place featuring LeDistrict and many other eateries. The lobby and hallways have been renovated. Pets Allowed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,428 | $6,121 | $8,132 |
Total Monthly Payment | $5,553 | $6,246 | $8,257 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.