48 Nassau Drive, New Hyde Park, NY 11040

$1,995,000 · 5 bed · 4 bath · 2,757 sq ft · built 1952 · MLS# 1069945 · Active

Welcome to 48 Nassau Drive, New Hyde Park! This impressive, beautifully updated contemporary residence offers 2,757 square feet of versatile living space on a 6,000-square-foot property. Featuring 5 bedrooms, 3.5 bathrooms featuring a steam room shower in the premier bathroom, and a thoughtfully designed multi-level layout, this spacious home offers a blend of comfort, functionality, and modern living. The inviting interior features a gracious living room highlighted by two oversized bay windows and a fireplace, a comfortable family room, and a finished lower level complete with a media room and…

Single-family homes in the Herricks Union Free School District sold for a median of $1,230,000 (typically $995,000–$1,500,000) across 152 recorded sales between Nov 5, 2025 and Oct 27, 2026, up 2.5% on the 12 months before. This home's $1,995,000 list price sits in the luxury single-family tier for the Herricks Union Free School District.

ZIP 11040 has about 2.8 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 $14,223 a year, this home's property tax runs roughly 11% below the $16,000 typical for Herricks 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