NOT LISTED FOR SALE

554 8th Ave New Hyde Park, NY 11040

Estimated Value: $765,000 - $877,000

4 Beds
2 Baths
1,550 Sq Ft
$525/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2025

Last sale price $745,000 $481 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,410 / mo

24 Days on Market

Highlights

  • Colonial Architecture
  • Skylights
  • Baseboard Heating
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of May 2025

Welcome to this captivating 4-bedroom, 2-bathroom colonial home in the Village of New Hyde Park. Brimming with possibilities for the right handyman or DIY enthusiast. Nestled in New Hyde Park, this property offers a unique opportunity to transform a diamond in the rough into a stunning family haven. Features Gas heating and cooking, 200 AMP Service, In Ground Sprinklers, Stainless Steel Appliances. The full basement provides ample storage, Laundry and the potential for additional living space, while the detached garage and generous driveway offer convenient parking and storage solutions.

Last Agent to Sell the Property

Asad Naqvi

Blackstone Realty Brokerage Phone: 516-802-3939 License #10401274689 Listed on: 01/25/2025

Last Buyer's Agent

Asad Naqvi

Blackstone Realty Brokerage Phone: 516-802-3939 License #10401274689 Listed on: 01/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,127

Year Built

  • Built in 1951

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 50x80

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Contact Agent Elementary School
  • Sewanhaka High Middle School
  • Sewanhaka High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Humidifier
  • Legal Lot and Block 75 / 103
  • Assessor Parcel Number 2041-32-103-00-0075-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,127

Year Built

Built in 1951

Lot Details

4,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Humidifier
  • Year Built: 1951
  • Attribution Contact: 516-802-3939
  • Carport Y N: No
  • CurrentPrice: 745000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 480.64516
  • ListPrice_By_LivingArea: 483.22581
  • ListPrice_By_OriginalListPrice: 1.00000
  • LivingAreaSearchSqFt: 1550.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Fireplaces: 1
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 1550
  • Window Features: Skylight(s)
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, Garage

Utilities

  • Cooling: None
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Sewanhaka High School

Lot Info

  • Lot Dimensions: 50x80
  • Lot Size Sq Ft: 4000
  • Parcel Number: 2041-32-103-00-0075-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 15126.64
  • Tax Block: 103
  • Tax Lot: 75
  • Tax Year: 2025

MLS Schools

  • Elementary School: Contact Agent
  • High School: Sewanhaka High School
  • Middle School District: Sewanhaka Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
May 30, 2025
Sold by
Diamond Development Properties Corp
Bought by
Bhuiyan Zayeem R
Seller's Agent
Asad Naqvi
Blackstone Realty
Buyer's Agent
Asad Naqvi
Blackstone Realty
List Price
$749,000
Sold Price
$745,000
Premium/Discount to List
-$4,000
-0.53%
Views
175
Current Estimated Value
$813,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,993
Avg. Annual Appreciation
10.59%
Original Mortgage
$596,000
Outstanding Balance
$593,460
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$220,533

Purchase Details

Closed on
Mar 6, 2023
Sold by
Picciano Robert M and Picciano Jennifer
Bought by
Diamond Development Properties Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,700
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2017
Sold by
Reely B Inc
Bought by
Aarc Inc

Purchase Details

Closed on
Mar 5, 2013
Sold by
Picciano Robert M and Picciano Jennifer M

Purchase Details

Closed on
Sep 5, 2007
Sold by
Picciano Robert
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bhuiyan Zayeem R $745,000 Abstracts Incorporated
Diamond Development Properties Corp $543,000 First American Title Ins Co
Diamond Development Properties Corp $543,000 First American Title Ins Co
Diamond Development Properties Corp $543,000 First American Title Ins Co
Diamond Development Properties Corp $543,000 First American Title Ins Co
Diamond Development Properties Corp $543,000 First American Title Ins Co
Aarc Inc -- --
Aarc Inc -- --
Aarc Inc -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhuiyan Zayeem R $596,000
Previous Owner Diamond Development Properties Corp $488,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $745,000 -0.5% $481 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $749,000 -- $483 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,126 $594 $258 $336
2024 $2,872 $594 $258 $336
2023 $12,380 $594 $258 $336
2022 $12,380 $594 $258 $336
2021 $17,140 $567 $246 $321
2020 $11,993 $825 $625 $200
2019 $2,493 $825 $625 $200
2017 $7,940 $825 $625 $200
2016 $10,215 $825 $625 $200
2015 $2,184 $825 $625 $200
2014 $2,184 $825 $625 $200
2013 $2,384 $825 $625 $200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 815619

OneKey® MLS

APN: 32-103-00-0075

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