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    5 Hanover Sq New York, NY 10004

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    For Lease
    Contact for pricing

    Modern office space with excellent light and convenient transit access.

    Property size:
    6,260 SF
    Lot size:
    0.31 Acres

    Property Features for 5 Hanover Sq

    General Information

    Size
    6,260 SF
    Lot size
    0.31 Acres

    Source: Cresa | New York City Agent Thomas P. Sullivan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space Near Transit

    This office space, totaling 6,260 square feet, features direct elevator lobby access. The layout includes eight windowed offices, one large windowed conference room, and three interior offices. There are also seven large cubicles and fourteen bench-style seats. A wet pantry is included. The space benefits from good light and views. Furniture can be included. Nightly cleaning is provided. The building, constructed in 1961 and extensively renovated in 2012, features a large, sleek marble lobby attended 24/7/365 and new elevator cabs. Tenants have access to a conference center and lounge on the 2nd floor. The property is located steps from Hanover Square Park and offers convenient access to the PATH, Ferry, 1, 2, 3, 4, 5, J & Z trains. LaGuardia, Kennedy, and Newark airports are less than a 30-minute drive away. A messenger center is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Regal USA Concrete ... General Contractor E.G. Bowman Insurance Agency Marulli, Lindenbaum & Tomaszewski, ... Attorney Jones Jones LLC Insurance Attorney American Spray-On Corp Contractor

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0091307
    Latitude
    40.7049521

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    FAQs

    What type of property is this?
    Office space - Modern office space with excellent light and convenient transit access.
    Where is this office space located?
    The property is located at 5 Hanover Sq New York, NY.
    What are key features of this property?
    This property features: - Prime Location: Steps from Hanover Square Park and multiple transportation options.; - Move-in Ready: Includes furniture and a wet pantry, with nightly cleaning.; - Modern, Renovated Space: Extensively renovated in 2012, with good light and views.
    (914) 374-6098
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Hanover Sq New York, NY 10004
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