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.
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.
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.
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.
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
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.
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.
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.
Address Stewart Ave.
Lot size 0.11 acre
+/- list price +$11,000
Days on market 88
Address N. 2nd Street
Lot size 0.09 acre
+/- list price +$20,112
Days on market 98
Address Sperry Boulevard
Lot size 0.12 acre
+/- 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