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    Property profile & analytics

    151 Herricks Rd New Hyde Park, NY 11040-5200

    • Office buildings
    • 500 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $4,685,000
    Last Sale
    Aug 26, 2022
    $4,500,000
    Location Intelligence
    Property ID
    US63-6059035
    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

    • FedEx Drop Box / Mailing Service
    • Nassau Alternative Advocacy Program (NAAP) / Rehabilitation Center
    • Atlas Spier Agency Inc / Insurance Agency

    Property Details for 151 Herricks Rd

    Year built
    1900
    Lot size
    0.10 lot acres
    Property size
    500 SF
    Property type
    Office buildings
    APN
    33-172-00-0045
    APU
    33172000045

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,255,000
      6.5%
      $4,665,000
      7%
      $4,800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,585,000
      Geo Method
      $4,780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,090,000
      Retail
      $4,105,000
      Mixed-Use
      $4,825,000
      Hospitality
      $4,660,000
      Educational
      $3,795,000
      Residential Income
      $4,105,000
      Energy
      $3,760,000
      Income-Based Land
      $4,735,000
      Food Service
      $4,025,000

    Location Insight

    • Map
    • Local Demand
    City
    New Hyde Park
    County
    Nassau
    State
    New York
    Longitude
    -73.6552
    Latitude
    40.7412
    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
    $12,056
    $1,523
    $5
    $1,528
    -
    $0.00
    $0.00
    $152,800

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      1110 Jericho Tpke

      OFFICE BUILDING • 1,680 SF
      1110 Jericho Tpke, New Hyde Park, NY 11040-4606
      View Details
    • Value Estimation by Request
      1,504 SF

      400 Marcus Ave

      OFFICE BUILDING • 1,504 SF
      400 Marcus Ave, New Hyde Park, NY 11040-3544
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    • Value Estimation by Request
      2,940 SF

      246 Park Ave

      OFFICE BUILDING • 2,940 SF
      246 Park Ave, Garden City Park, NY 11040-5318
      View Details
    • Value Estimation
      $4,715,000
      7,877 SF

      151 Herricks Rd

      OFFICE BUILDING • 7,877 SF
      151 Herricks Rd, New Hyde Park, NY 11040-5200
      View Details
    • Value Estimation by Request
      1,040 SF

      412-414 Jericho Tpke

      PROFESSIONAL BUILDING (MULTI-STORY) • 1,040 SF
      412-414 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • Value Estimation by Request
      3,619 SF

      191 Herricks Rd

      PROFESSIONAL BUILDING (MULTI-STORY) • 3,619 SF
      191 Herricks Rd, New Hyde Park, NY 11040-5236
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,812 SF

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    • $750,000
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      Hillside Ave Medical Condo

      Modern medical office, prime location
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      Medical Arts Building Condo Suite

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      Pending

      Profitable Hibachi & Sushi Restaurant

      Thriving hibachi and sushi restaurant in Garden City Park.
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    • Contact for pricing

      Prime North New Hyde Park Land

      54,000 SF Commercial Lot, 120 Parking Spaces
      999 Gould St, North New Hyde Park, NY 11040
      View Details
    • $2,800,000
      8,000 SF

      Mixed-Use Investment Property, New Hyde Park

      Mixed-use property with residential, retail, and parking income potential.
      2179-2188 Jericho Tpke Jericho Tpke, New Hyde Park, NY 11040
      View Details

    Similar Nearby for Lease

    • $5,975 /Mo
      2,400 SF

      New Hyde Park Retail/Office

      2400 SF retail/office space with parking in New Hyde Park.
      1631 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • $3,500 /Mo

      Hillside Avenue Office Space Available

      Office space on Hillside Avenue, ideal for professional services.
      390 Hillside Ave, New Hyde Park, NY 11040
      View Details
    • $850 /Mo
      450 SF

      Williston Park Office Space Available

      Flexible office rooms for rent in Williston Park, NY.
      99 Hillside Ave, Williston Park, NY 11040
      View Details
    • $7,500 /Mo
      1,200 SF

      Prime Retail Space in New Hyde Park

      High-visibility retail space in Lakeville Shopping Center, available for lease.
      2070 Lakeville Rd, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      896 SF

      Retail Spaces in High-Traffic Corridor

      Retail spaces available in a high-traffic location.
      3328-3340 Hillside Ave, New Hyde Park, NY 11040
      View Details
    • $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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    New Hyde Park, NY 11040-5200
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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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