5 Hanover Square

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 34 3,000 $ 8,531
$ / SF SF Monthly Rent
$ 34 4,300 $ 12,228
$ / SF SF Monthly Rent
Negotiable 9,000 Negotiable
$ 34 7,500 $ 21,328

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 6,300 Negotiable
$ / SF SF Monthly Rent
$ / 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

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
Water St & Between Hanover Square $ 40 1,300 $ 4,346
Address $ / SF SF Monthly Rent
Hanover Sq & Beaver Street and Pearl Street $ 41 3,800 $ 12,983
Exchange Pl & Broad Street $ 46 4,600 $ 17,633
Pearl St & Pine Street $ 36 4,000 $ 12,000
Address $ / SF SF Monthly Rent
Pearl St & Pearl Street $ 50 37,100 $ 155,665
Wall St & Between Pearl Street $ 53 31,300 $ 137,524
Water St & Old Slip $ 55 9,500 $ 43,541
Wall St & William Street $ 51 10,200 $ 43,350
Water St & Broad Street $ 60 64,900 $ 321,795

5 Hanover Square Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 1,900 Negotiable
$ / SF SF >Monthly Rent
Negotiable 3,600 Negotiable
$ / SF SF >Monthly 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.

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

Public Transportation

Time and Distance from 5 Hanover Square New York, NY 10004
Transit / Subway Distance Walk
Wall Street (2,3 Line) Transit Stop 0.1 mi 3 min
Broad Street Transit Stop (J, M, Z) 0.2 mi 4 min
Wall Street (4,5 Line) Transit Stop 0.3 mi 6 min
Whitehall Street-South Ferry Transit Stop (N, R) 0.3 mi 6 min
Rector Street (N,R Line) Transit Stop 0.3 mi 7 min

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
  • IBA Consultants leased 1,553 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
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