New Hyde Park: Easy LIRR commute, shopping, taxes draw buyers
New Hyde Park offers a quick ride to Manhattan via the LIRR. Credit: Jeff Bachner
THE SCOOP This 1-square-mile village, which touts itself as one of the nation's oldest settlements, is in renewal mode as it creates new recreational options and celebrations of cultural diversity.
New Hyde Park Village has been busy with about $15 million in projects for new amenities, upgrades and repairs, much of it paid by grants, said Mayor Christopher Devane. A community center with meeting rooms and computers is being constructed next to village hall, where work has exposed the 1905 building's original tin ceilings and vaulted archways.
At Memorial Park, the dog playground and bocce ball courts are among popular upgrades, the mayor said, while plans are being made for a new park to liven up the area by the train station.
"We're trying to build a community," said Devane, who's lived in New Hyde Park for 25 years. "We're trying to build pride. What we want to see is the next generation stick around in the village."
Jericho Turnpike is lined with longtime staples like Umberto's of New Hyde Park, left, and Yesterday's Diner. Credit: Jeff Bachner
Touting the proximity to Manhattan, he added, "It's a great village, especially if you work in the city. You can just jump on the railroad and get into the city in a half hour."
As part of its mission, village officials made a "conscious decision" to embrace the growing diversity in their midst by holding concerts and fetes with free food and entertainment — celebrating Diwali, the Indian festival of lights, Chinese New Year, Latin holidays and St. Patrick's Day for starters, Devane said. Many of the businesses and residents have been generous, providing food and other supplies for free, the mayor said.
New Hyde Park is home to one of the most unique McDonald's buildings. Formerly known as the Denton House, it was built in 1795. Credit: Jeff Bachner
It was the English and Dutch who settled in the area in the early 1600s. Some of the settlers' original records are among the oldest local government documents in the nation, according to the village website, and they are preserved in the North Hempstead town clerk's office.
For buyers, New Hyde Park stands out on cost and location, said Shri Singh, an associate broker at Berkshire Hathaway.
While listings topping $1 million have appeared in the past few years, housing prices and taxes are lower than in surrounding villages, Singh said. Many buyers are young parents who like the school districts, he added, and being close to Roosevelt Field mall is another plus.
"It's a very convenient location to go to the city and shopping," Singh said. "People don't want to go too far east, and taxes are really affordable."
Homes along Jasmine Avenue, top, and Eighth Avenue in New Hyde Park. Credit: Jeff Bachner
CONDOS AND CO-OPS There are no condos or co-ops currently on the market.
SALE PRICES Between June 26, 2023, and June 25, 2024, there were 253 home sales with a median sale price of $800,000, according to OneKey MLS. During that period a year earlier, there were 313 home sales with a median sale price of $750,000.
OTHER STATS
Population 10,235
Median age 41.7
Median home value $805,000
Monthly LIRR ticket from New Hyde Park $253
School district, graduation rate Sewanhaka (95.3%)
Libraries Hillside, Elmont
Transit NICE Bus Route 25
Sources: 2022 American Community Survey; OneKey MLS via InfoSparks by ShowingTime; LIRR, data.nysed.gov
ON THE MARKET
$1.2 million
This $1.2 million New Hyde Park home contains five bedrooms. Credit: Coldwell Banker American Homes
This rebuild of a 1940 Colonial has five bedrooms, 3½ baths and a two-zone heating and cooling system. The open-concept first floor features a new kitchen with quartz countertops and backsplash. There's also a finished, full basement with outside access, a two-car garage in the rear yard and a granite front stoop. Taxes are $14,445. Sajid Ali Saadi 631-455-4780 Coldwell Banker American Homes
$889,888
This $889,888 New Hyde Park home was built in 1898. Credit: Daniel Gale Sotheby’s International Realty
Built in 1898 but entirely renovated last year, this four-bedroom, 3½-bath Colonial has an open floor plan, a finished attic for additional living space and a finished, full basement with walkout access. There's an eat-in kitchen with Energy Star qualified appliances, a bedroom on the first floor and a shed in the fenced-in back yard. Taxes are $11,800. Saffet Ogeturk, 516-754-3162, Daniel Gale Sotheby's International Realty
$695,000
This $695,000 New Hyde Park home is 1,100 square feet. Credit: ERA/Caputo Realty
This 1,100-square-foot Cape has three bedrooms, one bath and an eat-in kitchen. Built in 1938, the home features a full basement and one-car garage in the back yard. Taxes are $9,656. Marc P. Caputo, ERA/Caputo Realty 516-551-5385
RECENTLY SOLD
$979,000
Ingraham Lane
Style Hi ranch
Bedrooms 4
Bathrooms 2
Built 1971
Lot size 0.09 acre
Taxes $13,319
+/- List price Sold for asking
Days on market 65
$780,000
Baer Place
Style Colonial
Bedrooms 4
Bathrooms 2
Built 1922
Lot size 0.07 acre
Taxes $9,868
+/- List price -$19,500
Days on market 96
$627,000
N. First Street
Style Cape
Bedrooms 5
Bathrooms 2
Built 1946
Lot size 0.09 acre
Taxes $12,040
+/- List price -$12,000
Days on market 71
ON ONEKEY MLS
Number of listings 18
Price range $695,000 to $1.548 million
Tax range $9,655.61 to $17,478
