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    Property profile & analytics

    1219-1221 2nd Ave New Hyde Park, NY 11040

    • Apartment buildings
    • 3,010 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-1988941
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1219-1221 2nd Ave

    Year built
    1927
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    3,010 SF
    Property type
    Apartment buildings
    APN
    33-109-00-0036
    APU
    33109000036

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hyde Park
    County
    Nassau
    State
    New York
    Longitude
    -73.6821
    Latitude
    40.7308
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,744
    $3,308
    $5,528
    $8,836
    -
    $0.00
    $0.00
    $883,600

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      400-402 Jericho Tpke

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    • Value Estimation
      $660,000
      1,800 SF

      608 Jericho Tpke

      APARTMENT HOUSE (5+ UNITS) • 1,800 SF
      608 Jericho Tpke, New Hyde Park, NY 11040-4512
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    • Value Estimation by Request
      360 SF

      102 Jericho Tpke

      APARTMENT HOUSE (5+ UNITS) • 360 SF
      102 Jericho Tpke, New Hyde Park, NY 11040-4507
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    • Value Estimation by Request
      3,500 SF

      410 Jericho Tpke

      APARTMENT HOUSE (5+ UNITS) • 3,500 SF
      410 Jericho Tpke, New Hyde Park, NY 11040-4523
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    • Value Estimation by Request
      5,432 SF

      560 Lakeville Rd

      APARTMENT HOUSE (5+ UNITS) • 5,432 SF
      560 Lakeville Rd, New Hyde Park, NY 11040-3047
      View Details
    • Value Estimation by Request
      601 SF

      1100 Jericho Tpke

      APARTMENT HOUSE (UNDER 5 UNITS) • 601 SF
      1100 Jericho Tpke, New Hyde Park, NY 11040-4606
      View Details

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    Similar Nearby for Lease

    • $2,750 /Mo

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      New Hyde Park Retail/Office

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    • $7,500 /Mo
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      Prime Retail Space in New Hyde Park

      High-visibility retail space in Lakeville Shopping Center, available for lease.
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    • Contact for pricing
      896 SF

      Retail Spaces in High-Traffic Corridor

      Retail spaces available in a high-traffic location.
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    • $18 SF/Yr
      7,000 SF

      New Hyde Park Flex Space

      Flex space available for rent in New Hyde Park.
      200 Fulton Ave, New Hyde Park, NY 11040
      View Details
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    1219-1221 2nd Ave
    New Hyde Park, NY 11040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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