New Hyde Park is ‘respite’ for NYC commuters

THE SCOOP New Hyde Park, situated on the border of Nassau County and Queens, offers a “respite for those who work in the city to come home and relax in a suburban environment,” says New Hyde Park Village Mayor Lawrence Montreuil.

The area, which includes the village and North New Hyde Park, is near Manhattan, which is one of its greatest draws, he says, noting the 34-minute train ride from Penn Station. With the Long Island Rail Road constructing a third track in the area, Montreuil says the village is “contemplating a downtown revitalization that would complement the work that the LIRR is doing along the trackside, which is currently an industrial strip.”

That, with potential rezoning, could include transit-oriented housing or mixed-use development, he says.

“It could revitalize the area and create a very attractive and walkable center of our community,” he says. “I think it will also bring a lot of economic benefit. I envision some cafes, shops, bistros, along with some residential units.”

New Hyde Park features predominantly single-family homes, and the most common housing style is the Cape, says 20-year resident Kenny Muralee of Re/Max Central Properties. New construction in the area, he adds, has led to an increase in Colonials in New Hyde Park. Prices typically range from $575,000 to $950,000, he says.

With the area’s shopping, recreation, business district and quick commute to the city, New Hyde Park is “a perfect town for those who do not want to spend their extra time traveling every day,” Muralee says.

New Hyde Park earned national Tree City designation last summer, after an effort to plant more trees in the village. A $21 million renovation of the Clinton G. Martin Park pool facility was approved in May. In addition to village parks, the area is also home to Michael J. Tully Park in North New Hyde Park.

Montreuil says that Umberto’s on Jericho Turnpike is a “very popular place to get the best pizza in the world, arguably.”

CONDOS There are none on the market.

SALES PRICE Between Jan. 1, 2017, and Jan. 25, 2018, there were 285 home sales, with a median sale price of $630,000, according to the Multiple Listing Service of Long Island. The low price for that period was $394,000 and the high was $1.55 million. During that period a year earlier, there were 305 home sales with a median sale price of $580,000. The price range was $290,000 to $985,000.

OTHER STATS

Town North Hempstead and Hempstead

Area New Hyde Park Village, about one square mile; North New Hyde Park, two square miles

ZIP code 11040

Population Village: 9,712; North Park: 14,899

Median age Village: 42.3; North: 44.3

Median household income Village: $108,313; North: $111,176

Median home value $635,000*

LIRR to NYC 30 to 38 minutes at peak

Monthly ticket $261

School district New Hyde Park-Garden City Park, Great Neck, Herricks, Garden City, Elmont and Sewanhaka

SOURCES: 2010 Census; mlsli.com; LIRR;

*Based on sales in the past six months, according to MLSLI

RECENTLY SOLD

$895,000

WILLOW ROAD After 165 days on the market, this six-bedroom, two-bathroom Colonial sold for $4,999 less than its asking price. Built in 1941, the house includes formal living and dining rooms and a kitchen with cherry cabinetry. Five of the six bedrooms are on the upper level, along with a bathroom that includes a double vanity. A full, finished basement features a family room and a laundry room. The 60-by-100-foot property, with taxes of $14,346, has an attached one-car garage.

$652,500

SOUTH 10th STREET This three-bedroom Colonial sold for $27,500 less than its asking price after 208 days on the market. The 1947 house includes two full bathrooms. On the main level is a living room, an eat-in kitchen and a formal dining room with sliding glass doors to the yard. All three bedrooms and a full bath are on the upper level. The finished basement features a laundry room and a bathroom. Taxes on the 40-by-100-foot property are $13,371.

$580,000

WILTON STREET Originally listed for $633,000, this three-bedroom, one-bathroom Cape sold in October after 219 days on the market. The house, which was built in 1943, has an eat-in kitchen with granite countertops, a center island and bamboo flooring. The living room-dining room combination features sliding glass doors to a back deck. The house also includes a family room and a finished basement. The 40-by-100-foot property, with taxes of $7,626, has a detached 1 1⁄2-car garage.

NOW ON THE MARKET

Starter

$580,000 This three-bedroom Cape includes a living room and renovated granite kitchen. The 40-by-100-foot property includes a finished basement and a detached one-car garage. Taxes: $9,726. Hemant Shah, Laffey Real Estate, 516-263-9624.

Trade-Up

$725,000 This three-bedroom, two-bathroom Colonial includes a family room, a dining room, a master with a walk-in closet and an updated granite kitchen with maple cabinets and stainless steel appliances. The 50-by-100-foot property has a partially finished basement and a detached one-car garage. Taxes: $14,004. Kathleen Coughlan, Little Bay Realty, 516-318-1706.

High-End

$988,000 This newly constructed four-bedroom Colonial, with 2 1⁄2 bathrooms, offers a living room with coffered ceilings and a family room with a fireplace and sliders. The 40-by-105-foot property, with taxes of $8,071, has a basement and a detached one-car garage. Kenny Muralee, Re/Max Central Properties, 917-562-2717.

On Multiple Listings

Number of houses 61

Price range $549,000-$1.475 million

Tax range $5,637-$19,995