3 Hanover Sq, Manhattan, NY 10004

2 bd · 2 ba · 1,250 sqft · built 1926 · Manhattan · COOP·source listing ↗

$1,265,000

$1,895,000 first listed

seller intel

Price cut

−33.3%

from $1,895,000

Motivation score

50/100

OnePercent model (vv1)$7,541/mo

p10–p90 confidence band

HUD Fair Market Rent · 10004 · 2BR$3,590/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

New York

Flood risk indexRelatively Moderate FEMA NRI

Median household income$250,001

Median area rent$3,501/mo

Median home value$1,477,700

the verdict

0.60%vs 0.7% target

financing: 20% down · — (FRED, live) · 30yr

$1,265,000

0.60% · rent $7,541

Intrinsic value · income approach

$1,890,158

33% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.