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Manhattan / Financial District-Battery Park City / 10005

10 HANOVER SQUARE

Boro1
Block31
Lot1
BBL1000310001
Class D6
Residential units
493
Units in total
498
Storeys
21
Year built
1972
Last alteration on file
2005
Recorded transfers
1 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
1 Apr 2011$104,953,000-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

LOT 24,400 SQ FT21
Drawn from PLUTO: 21 storeys, 487,404 sq ft of building on 24,400 sq ft of lot, an average floor plate covering 95% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
24,400 sq ft
Building area
487,404 sq ft
Residential area
467,404 sq ft
Commercial area
20,000 sq ft
Office area
-
Retail area
20,000 sq ft
Buildings on the lot
1
Built floor area ratio
19.98
Residential FAR permitted
10
Zoning district
C5-5
03

Assessment

Assessed land value
$11,070,000
Assessed total value
$63,762,300
Exempt value
$0
Assessed per residential unit
$129,335

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Financial District-Battery Park City
ZIP code
10005
Community district
Manhattan 1
Council district
1
Coordinates
40.704569, -74.008858
05

Other buildings in Financial District-Battery Park City

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 SOUTH END AVENUED61,71219830-
80 GOLD STREETD41,6411971567$710k
130 WATER STREETRM1,41819610-
115 BROAD STREETD51,32019690-
8 SPRUCE STREETRM89920072-
222 BROADWAYD478819611-
20 EXCHANGE PLACERM76219310-
2 GOLD STREETD865020030-
66 PINE STREETRM61219320-
160 WATER STREETD558819720-
127 JOHN STREETD857619733-
180 WATER STREETD657319710-

Every building on file in Financial District-Battery Park City