5 Hanover Square
Class: B + 10004 Buildings Financial District
Direct Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 3,000 | Negotiable |
| $ 34 | 3,000 | $ 8,531 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 4,600 | Negotiable |
| $ 34 | 4,400 | $ 12,512 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 5,100 | Negotiable |
| $ 34 | 7,500 | $ 21,328 |
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Hanover Sq & Beaver Street and Pearl Street | $ 35 | 1,600 | $ 4,666 |
| Water St & Coenties Slip | $ 55 | 1,100 | $ 4,999 |
| Stone St & Between Broad Street | $ 48 | 1,500 | $ 6,000 |
| Broadway & Exchange Place | $ 38 | 1,500 | $ 4,793 |
| Whitehall St & Between Bridge Street | $ 37 | 2,200 | $ 6,801 |
| Broadway & Beaver Street and Exchange Place | $ 37 | 2,000 | $ 6,166 |
| Greenwich St & Carlisle Street | $ 50 | 2,300 | $ 9,583 |
| Front St & Between Beekman Street | $ 50 | 2,800 | $ 11,687 |
| Address | $ / SF | SF | Monthly Rent |
|---|
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 2,900 | Negotiable |
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 6,300 | Negotiable |
Nearby Sublease Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,500/mo | $ 1,500/mo | $ 1,000/mo |
| Interior office/person | $ 1,500/mo | $ 1,000/mo | $ 700/mo |
5 Hanover Square Retail Spaces for Rent
Retail Spaces for Rent
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5 Hanover Square
5 Hanover Square, located in Manhattan's Financial District, is an office building that offers 338,049 square feet of office space available for rent. This Class B-rated building was built in 1961 and has fiber providers like Verizon New York. The current tenants include Paradysz Matera and The Ideal School of Manhattan. Although coworking options are not currently offered, Optimal Spaces can assist in finding the best rental deals. Rent prices per square foot have followed market trends, with an average of $55.0 in 2022 and $53.52 in 2020. The building provides flexible options for small, medium, and large office spaces.
In the vicinity, there are various transit options within a six-minute walking distance, including train lines such as 2, 3, J, M, Z, 4, 5, N, and R. In addition to traditional lease options, sublease options may also be available for 5 Hanover Square.
In the vicinity, there are various transit options within a six-minute walking distance, including train lines such as 2, 3, J, M, Z, 4, 5, N, and R. In addition to traditional lease options, sublease options may also be available for 5 Hanover Square.
5 Hanover Square Property Overview
| Bulding Address: | 5 Hanover Sq |
| Building Alternate address(es): | 5 Hanover sq |
| Zip Code: | 10004 |
| Neighborhood: | Financial District |
| Borough: | Manhattan |
| Stories: | 25 |
| Year Built: | 1961 |
| Building Class: | B |
| Block & lot: | 00028-0005 |
Map Location
Internet Providers at 5 Hanover Square
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Verizon New York | Fiber | 1 Gb/s | 25 Mb/s |
Office Tenants Rented / Leased 5 Hanover Square
- MetroLoft Management leased 9,625 SF
- Tompkins & Davidson LLP leased 5,600 SF
- Rockwell Global Capital leased 6,260 SF
- Community Housing Improvement Program leased 1,730 SF
- Capital Legal Solutions leased 2,510 SF
- Sweet Construction Group leased 9,955 SF
- Gallery System Inc leased 7,115 SF
Nearby Retail Tenants Leased
- Indochino leased 2,819 SF at 25 Broad Street
- AT&T; leased 1,565 SF at 82 Wall St
- Leo?s Bagels leased 950 SF at 3 Hanover Square
- Starbucks leased 886 SF at 60 Wall St
- La Colombe leased 700 SF at 67 Wall Street
Office Rent 5 Hanover Square Average
| Year | $ / SF |
|---|---|
| 2018 | 48.5 |
| 2019 | 50.0 |
| 2020 | 53.52 |
| 2022 | 55.0 |
| Year | $ / SF |
|---|---|
| 2018 | 45.45 |
| 2019 | 42.0 |
| 2020 | 40.0 |
