2 Oak Drive, New Hyde Park, NY 11040

2 Oak Drive, New Hyde Park, NY 11040

$1,175,000 · 4 bed · 2 bath · 1,260 sq ft · built 1941 · MLS# 1062603 · Active

Welcome to this beautifully updated 4-bedroom, 2-bathroom Cape situated on a desirable corner property in New Hyde Park! This charming home features a recently renovated kitchen, updated bathrooms, and beautifully updated flooring throughout. Enjoy additional living space in the finished basement, perfect for entertaining, recreation, or a home office. The property also features an attached garage, a fully fenced-in yard offering privacy and outdoor enjoyment, and a recently upgraded tankless gas hot water heater for added efficiency and convenience. Conveniently located near schools, shopping, parks, restaurants, and major highways. Don't…

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 $1,175,000 list price sits in the upper single-family tier for the New Hyde Park-Garden City Park Union Free School District.

ZIP 11040 has about 3.1 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 $14,788 a year, this home's property tax runs roughly 14% above the $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 14, 2026 8:15 pm. 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 median sale price in New Hyde Park has held broadly steady — about $988K in July through September 2026, against $970K in July through September 2025. Across the past 2 years, the monthly median has ranged between $735K and $1.26M. Homes also sold faster: about 32 days on market, against 49 a year earlier.

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