New Hyde Park boasts diversity, accessibility, employers
Restaurants and stores along Hillside Avenue in New Hyde Park reflect its diversity. Credit: Newsday/Steve Pfost
THE SCOOP
New Hyde Park is a vibrant, diverse community that straddles two townships in two counties, and includes an incorporated village, an unincorporated area and multiple school districts.
Ridder's Pond Park in New Hyde Park Credit: Newsday/Steve Pfost
It is easily accessible, close to several modes of transportation. "Being 26 minutes from Kennedy Airport and 35 minutes from LaGuardia is a huge benefit. And on the LIRR, three stops and 28 minutes later you’re at Penn Station," says Art Savarese, a real estate agent with First Flag Realty and a New Hyde Park Village trustee.
Homes priced between $550,000 and to $850,000 are selling fastest, he says, with Colonials the most popular.
Homes on Birch Lane near Elm Drive in New Hyde Park Credit: Newsday/Steve Pfost
The area’s largest employers — Long Island Jewish Medical Center, Cohen Children’s Medical Center, Pro Health, Dealer Track Technologies, and Parker Institute for Health — collectively employ 25,400 people, according to Data Axle Reference Solutions.
The village is proud of its diversity, says Mayor Christopher Devane. A multicultural night showcasing a variety of ethnic food is planned in July and a Diwali celebration is scheduled in November. "We may be of different color and cultures, but we all want the same things in our community: safety, vibrancy and a bright future for our children," Devane says.
CONDOS AND CO-OPS
There are four co-ops on the market priced between $319,000 and $350,000.
SALE PRICES
Between April 30, 2020, and May 31, 2021, there were 319 home sales with a median sale price of $690,000, according to OneKey MLS. The low price for that period was $383,000 and the high was $1,282,000. During that period a year earlier there were 269 home sales with a median sale price of $673,000. The price range was $410,000 to $1,280,000.
OTHER STATS
Towns North Hempstead and Hempstead
ZIP code 11040
Area Village 1 square mile, North New Hyde Park 2 square miles
Population Village 9,841, North New Hyde Park 15,080
Median age Village 40.1, North New Hyde Park 45
Median household income Village $136,500, North New Hyde Park $128,142
Median home value $701,000*
Monthly LIRR ticket from New Hyde Park $270
School districts New Hyde Park-Garden City Park (K-6), Great Neck, Herricks, Garden City, Elmont and Sewanhaka
Graduation rates Great Neck 93%, Herricks 97%, Garden City 98%, Elmont 96% and Sewanhaka 95% (NYS average 85%)
Parks Clinton G. Martin Park, Michael J. Tully Park, Memorial Park
Library Hillside Public Library
Hospitals Long Island Jewish Medical Center, Cohen Children’s Medical Center
Transit Nassau Inter-county Express bus routes 25 and 26
SOURCES: 2019 American Community Survey 5-Year Estimates; OneKey MLS; LIRR, nicebus.org, data.nysed.gov
*Based on 184 sales in the past six months, according to OneKey MLS.
NOW ON THE MARKET
Priced at $1,447,000, this five-bedroom, five-bathroom Colonial on Primrose Drive in New Hyde Park comes with radiant heat flooring on the main level, a gas fireplace, and a custom kitchen with high-end appliances. Credit: Phil Schonfeld
$1,447,000
Built in 2018, this five-bedroom, five-bathroom Colonial is full of architectural details and features radiant heat flooring on the main floor, a high-end kitchen, a gas fireplace, and a surveillance system. The basement is finished, has a walkout level entry and a home theater. Taxes are $18,134. Tarantej Arora, Fourth Avenue Real Estate, 718-343-4445.
this five-bedroom, two-bathroom high ranch at 401 Brooklyn Ave. in New Hyde Park, is more than 2,000 square feet. It is listed at $899,000. Credit: CFD Images/Carlo Dacanay
$899,000
With over 2,000 square feet, this five-bedroom, two-bathroom high ranch is ideal for multigenerational living, according Bob Mathai, real estate agent. Flooring is tile and hardwood. The eat-in kitchen and bathroom on the second floor have been updated. Taxes are $12,140. Bob Mathai, Right Bob Realty, 516-500-2872.
Priced at $629,000 and located at 7 Celler Avenue in New Hyde Park, this three-bedroom, one-bathroom Cape is on a 65-by-111-foot lot. Credit: Steve Booke
$629,000
Sitting on a 65-by-111-foot lot, this three-bedroom, one-bathroom brick Cape has an eat-in kitchen, hardwood floors under carpet, a partially finished full basement and an attached garage. Taxes $10,769. Orlando Frade, Douglas Elliman Real Estate, 516-354-6500.
RECENTLY SOLD
$ 810,000
Address Stewart Ave.
Style Cape
Bedrooms 4
Bathrooms 2
Built 1946
Lot size 0.11 acre
Taxes $10,383
+/- list price +$11,000
Days on market 88
$720,000
Address N. 2nd Street
Style Tudor
Bedrooms 3
Bathrooms 1
Built 1928
Lot size 0.09 acre
Taxes $9,418
+/- list price +$20,112
Days on market 98
$497,000
Address Sperry Boulevard
Style Cape
Bedrooms 3
Bathrooms 1
Built 1943
Lot size 0.12 acre
Taxes $8,704
+/- list price -$109,000
Days on market 168
ON ONEKEY MLS
Number of listings 96
Price range $319,000 to $1,799,000
Tax range $9,715 to $23,000
