Buying in park-laden East Hills
Agents often comment on how robust the real estate market is in East Hills village. Year over year, the number of sales has increased 43 percent while the median price increased 3.86 percent, according to Multiple Listing Service of Long Island data. (See sales information below.)
"East Hills is on fire," says Joyce Styne of Laffey Fine Homes. The driving force is the village's new park, completed in 2006. "One of the first things a customer will ask is, 'Is this the community with the park?' " Styne adds.
The Park at East Hills opened on the former site of the Roslyn Air National Guard Station. On 50 acres, the park has a pool with a 110-foot slide, athletic fields, courts, a fitness center, senior center, a theater, dog park, walking trails, playgrounds and a sledding hill, says resident Richard Orent of Daniel Gale Sotheby's International Realty.
Should another storm take out power, residents can take refuge in the park: Its facilities are equipped with a generator. But every rose has a thorn. For this village, it's airplane noise generated by commercial flights coming in for landings at Kennedy Airport, a problem that recently made headlines. Still, inventory is low, says Orent. Maria Babaev of Douglas Elliman Real Estate says she has received multiple offers above asking price on a listing here.
Set 350 feet above sea level, East Hills is the largest village in greater Roslyn. Neighborhoods include Country Estates, Nob Hill, Fairfield Park, Norgate, Strathmore and Westwood, with prices ranging from $600,000 to $2.9 million. "We just adopted the budget and froze taxes for the fourth year," says Mayor Michael Koblenz.
SALES PRICES: From March 1, 2013, to April 9, 2014, there were 96 sales with a median price of $901,000, according to MLSLI. The low price was $500,000, and the high was $2,800,000. From March 1, 2012, to April 9, 2013, there were 67 sales. The median price was $867,500 with a low of $320,000 and a high of $2,100,000.
ATTRACTIONS: Sid Jacobson Community Center on Forest Drive; shops, restaurants
MORE EAST HILLS STATS
Town: North Hempstead and Oyster Bay
Area: 2.3 square miles
ZIP code: 11577
Median age: 43.6
Median household income: $190,671
Median home value: $992,500*
LIRR time: From Roslyn to NYC 47 minutes to 54 minutes at peak
Monthly ticket: $276
School district: Most students attend Roslyn; others go to East Williston
Sources: 2010 Census; mlsli.com; LIRR
*Based on sales in the past six months, according to MLSLI