1517 Falmouth Avenue, New Hyde Park, NY 11040

1517 Falmouth Avenue, New Hyde Park, NY 11040

$888,000 · 4 bed · 2 bath · 1,237 sq ft · built 1948 · MLS# 1061141 · Active

Welcome to this charming home with renovations & updates throughout. The property is located on a quiet residential street in the heart of New Hyde Park. This property offers classic character and modern comfort. This home features 4 spacious bedrooms and 2 full bathrooms. Sun-filled interiors create a warm and welcoming atmosphere. Enjoy outdoor living with a cozy porch in the front and a newly built deck in the backyard, perfect for relaxing, entertaining, or enjoying your morning coffee. The property also includes a private driveway, a recently finished 1-car…

Single-family homes in the New Hyde Park-Garden City Park Union Free School District sold for a median of $875,000 (typically $805,000–$1,035,000) across 128 recorded sales between Oct 6, 2025 and Oct 2, 2026, up 0.6% on the 12 months before. This home's $888,000 list price sits in the mid-market single-family tier for the New Hyde Park-Garden City Park 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 $13,392 a year, this home's property tax is in line with the roughly $13,000 typical for New Hyde Park-Garden City Park 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

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 4:30 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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New Hyde Park Market Trend

The past 2 years in New Hyde Park has been defined by stability: median sale prices have ranged only from $735K to $1.26M, holding near $965K without a single direction winning out. Recently, homes have been selling in about 32 days.

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