54 Rose Lane, New Hyde Park, NY 11040

$999,000 · 4 bed · 2 bath · 1,414 sq ft · built 1943 · MLS# 1055995 · Active

Oversized Corner Lot | Great Neck School District | Lower Property Taxes Set on an oversized 5,500 SF corner lot in North New Hyde Park, this charming brick Cape offers 4 bedrooms and 1.5 bathrooms with a functional and inviting layout. The corner setting provides abundant natural light, a generous yard, and a more open feel, complemented by a private driveway and detached 2-car garage. The home features a first-floor bedroom and full bath, along with a full finished basement offering valuable flexible space for a home office, gym, recreation,…

Single-family homes in the Great Neck Union Free School District sold for a median of $1,650,000 (typically $1,225,000–$2,300,000) across 243 recorded sales between Oct 6, 2025 and Oct 3, 2026, down 0.6% on the 12 months before. This home's $999,000 list price sits in the entry single-family tier for the Great Neck Union Free School District.

ZIP 11040 has about 2.9 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $13,273 a year, this home's property tax runs roughly 37% below the $21,000 typical for Great Neck Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax