New York City » 10004 » Hanover Sq » 5 Hanover Sq

5 Hanover Square #2, New York, NY 10004 - Property report

Also known as: 5 Hanover Sq #2

Property image for 5 Hanover Square #2, New York, NY 10004

Property type

Miscellaneous Commercial (R5)

Year built

1962

Lot sq. ft.

12,919

Sale price

$17,000,000

General information

Address

Primary address

5 Hanover Square #2

ZIP code

10004

Neighborhood

Financial District

Borough

Manhattan

Block & lot

00028-1202

Building

Property type

Miscellaneous Commercial (R5)

Unit sq. ft.

49,183

Buildings on lot

Stories

Year built

1962

Last altered

1984

Building material

Sales

Sale date

07/02/2025

Sale price

$17,000,000 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot sq. ft.

12,919

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 5 Hanover Square #2, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5 Hanover Square #2, New York, NY 10004

Sale date	Sale price	Buyer name	Seller name
07/02/2025	$17,000,000	X XXXXXXX XXXXXX XXX	X XXXXXXX XXXXXX (XX) XXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/10/2025 - R	Initial UCC1 (2025070900783003)	X XXXXXXX XXXXXX XXX	XXX XXXXXXXXXXX XX XXXXXXX
07/10/2025 - R 07/02/2025 - D	Mortgage (2025070900783002)	X XXXXXXX XXXXXX XXX	XXX XXXXXXXXXXX XX XXXXXXX
07/10/2025 - R 07/02/2025 - D	Deed (2025070900783001)	X XXXXXXX XXXXXX (XX) XXXXX XXX	X XXXXXXX XXXXXX XXX
09/22/2025 - R 01/29/2025 - D	Declaration of Condo in Condo (2025072300877001)	XXX XXXXX XXXXXX XX XXXXXXXXX
05/13/2025 - R 01/28/2025 - D	Agreement (2025051300410001)	X XXXXXXX XXXXXX (XX) XXXXX XXX	XXX XXXXX XXXXXX XX XXXXXXXXX
09/22/2025 - R 06/21/2024 - D	Maps (2025072300877002)	X XXXXXXX XXXXXX XXXX X XXXXXXXXX XXXXXXXXXXX
06/27/2024 - R 06/21/2024 - D	Maps (2024062600645004)	X XXXXXXX XXXXXX XXXX X XXXXXXXXX XXXXXXXXXXX
06/27/2024 - R 06/21/2024 - D	Maps (2024062600645002)	X XXXXXXX XXXXXX XXXXXXXXXXX
06/27/2024 - R 01/29/2024 - D	Condo Declaration (2024062600645003)	XXX XXXXX XXXXXX XX XXXXXXXXX
06/27/2024 - R 01/09/2024 - D	Amended Condo Declaration (2024062600645001)	X XXXXXXX XXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5 Hanover Square #2, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This property currently has a zero assessment. No calculation of property tax can therefore be made.

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$10,853,524	$4,884,086	$4,517,160	10.848%	$490,022	$490,022	+0.03%
2024/25	$10,115,160	$4,551,822	$4,551,822	10.762%	$489,867	$489,867	n/a

Permits

Permit information for 5 Hanover Square #2, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Frequently asked questions

What is the year built for 5 Hanover Square #2, New York, NY 10004?

The development at 5 Hanover Square #2, New York, NY 10004 was built in 1962.

What is the total square footage of 5 Hanover Square #2, New York, NY 10004?

5 Hanover Square #2, New York, NY 10004 has a total of 49,183 square feet.

When was 5 Hanover Square #2, New York, NY 10004 last sold and what was the sale price?

5 Hanover Square #2, New York, NY 10004 was last sold on 07/02/2025 for $17,000,000.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.