$1,030,000
 $5,529 est/mo Sourced by Back At You

7603 271st Street,New Hyde Park, NY 11040

New Hyde Park, NY 11040

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Description

Excellent investment opportunity to own a desirable corner property in a prime New Hyde Park location! This Cape-style home offers 3 bedrooms, 2 full bathrooms, a flexible layout and a fully finished basement providing additional recreational and storage space. Situated on an approximately 5,125 sq. ft. corner lot with generous off-street parking. Currently tenant-occupied and generating $8,000 per month in rental income, with a strong rental payment history, offering an attractive opportunity for investors seeking an established income-producing property. Location is a major highlight-conveniently situated near Long Island Jewish Medical Center, Cohen Children's Medical Center and the Northwell Health medical campus, with easy access to shopping, public transportation and major roadways. A great opportunity to acquire a well-located, income-producing property with existing rental income. Don't miss it!

Details

MLS #1051582
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1950
Days On Site36
Listing Provided ByPrestige R E Holdings LLC | Erfan Nagi

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,195
Garage1
BasementY
Acreage0.12

Interior

CoolingCentral Air
HeatingNatural Gas
Interior FeaturesFirst Floor Bedroom, First Floor Full Bath, Open Kitchen
AppliancesOven, Refrigerator

Exterior

Construction MaterialsFrame, Vinyl Siding

Parking

Garage Yes / NoYes
Parking FeaturesCommon, Garage, On Street

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value52260
Tax Annual Amount8544.84

Area Information

StateNY
CountyQueens
CityNew Hyde Park
Zip Code11040
School DistrictMartin Van Buren High School
Elementary SchoolJames J Ambrose School
High SchoolMartin Van Buren High School
Listing VS Median (in 11040)
Price:
$1,030,000
low | high
Med:
$949,000
57.864077669903% of Average
sqft:
1,195
low | high
Med:
1,943
12.594142259414% of Average
$ / sqft:
$862
low | high
Med:
$488
93.333799699194% of Average
On site:
36
low | high
Med:
27
100% of Average
Sourced by Back At You

Market Activity 11040

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Learn More About This Property

StateNY
CountyQueens
CityNew Hyde Park
Zip Code11040
School DistrictMartin Van Buren High School
Elementary SchoolJames J Ambrose School
High SchoolMartin Van Buren High School
Listing VS Median (in 11040)
Price:
$1,030,000
low | high
Med:
$949,000
57.864077669903% of Average
sqft:
1,195
low | high
Med:
1,943
12.594142259414% of Average
$ / sqft:
$862
low | high
Med:
$488
93.333799699194% of Average
On site:
36
low | high
Med:
27
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:22:14 PM PDT
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