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    Property profile & analytics

    1596 Un Tpke New Hyde Park, NY 11040-1762

    • Investment properties
    • 14,580 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    $8,875,000
    Last Sale
    Jan 28, 2020
    $7,450,000
    Location Intelligence
    Property ID
    US63-2354260
    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

    • Karako Suits of New Hyde Park / Men'S Clothing Store
    • Peak Roof solutions / Roofing Contractor
    • Citibank ATM / Atm
    • Starbucks / Espresso Bar / Internet Cafe
    • Verizon / Electronics Store / Internet Service Provider

    Property Details for 1596 Un Tpke

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.96 lot acres
    Property size
    14,580 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    08-117-01-0001
    APU
    8117010001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,865,000
      6.5%
      $7,255,000
      7%
      $8,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,160,000
      Geo Method
      $7,750,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,110,000
      Retail
      $7,555,000
      Mixed-Use
      $8,085,000
      Hospitality
      $8,815,000
      Educational
      $9,040,000
      Residential Income
      $7,220,000
      Energy
      $8,565,000
      Income-Based Land
      $8,830,000
      Food Service
      $8,330,000

    Location Insight

    • Map
    • Local Demand
    City
    New Hyde Park
    County
    Nassau
    State
    New York
    Longitude
    -73.6881
    Latitude
    40.7542
    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
    $106,383
    $13,230
    $2,012
    $15,242
    -
    $0.00
    $0.00
    $1,524,200

    Comparable in this City

    • Value Estimation by Request
      3,219 SF

      1001-1003 Jericho Tpke

      STORE/OFFICE (MIXED USE) • 3,219 SF
      1001-1003 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • Value Estimation by Request
      1,800 SF

      2231 Jericho Tpke

      STORE/OFFICE (MIXED USE) • 1,800 SF
      2231 Jericho Tpke, New Hyde Park, NY 11040-4707
      View Details
    • Value Estimation by Request
      2,989 SF

      1012 Jericho Tpke, Unit 1014

      STORE/OFFICE (MIXED USE) • 2,989 SF
      1012 Jericho Tpke, New Hyde Park, NY 11040-4605
      View Details
    • Value Estimation by Request
      2,664 SF

      159 Atlantic Ave

      STORE/OFFICE (MIXED USE) • 2,664 SF
      159 Atlantic Ave, Garden City Park, NY 11040-5045
      View Details
    • Value Estimation by Request
      750 SF

      195 Herricks Rd

      STORE/OFFICE (MIXED USE) • 750 SF
      195 Herricks Rd, New Hyde Park, NY 11040-5236
      View Details
    • Value Estimation by Request
      1,951 SF

      2090 Hillside Ave

      STORE/OFFICE (MIXED USE) • 1,951 SF
      2090 Hillside Ave, New Hyde Park, NY 11040-2613
      View Details

    Similar Nearby for Sale

    • $1,880,000
      Pending

      New Hyde Park Investment Opportunity

      Freestanding commercial building with stable tenants and strong cash flow.
      2374 Jericho Tpke, New Hyde Park, NY 11040
      View Details
    • Contact for pricing
      11,812 SF

      Jericho Turnpike Auto Shop Investment

      11,812 SF Auto Shop, NNN Lease, 3.86% Cap Rate
      2070 Jericho Tpke, 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
    • Contact for pricing
      10,684 SF

      Multi-Story Industrial Building with Apartment

      10,684 Sq. Ft. industrial building with residential apartment.
      36 Lakeville Rd, New Hyde Park, NY 11040
      View Details
    • $169,000

      Medical Arts Building Condo Suite

      Unfinished medical condo suite with high traffic location.
      1575 Hillside Ave, New Hyde Park, NY 11040
      View Details
    • $1,288,000

      Commercial Land on Jericho Turnpike

      Commercial land available on Jericho Turnpike in New Hyde Park.
      231 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
    • $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
    • Contact for pricing
      20,000 SF

      Retail Space in New Hyde Park

      20,000 SF retail space with ample parking.
      3350 Hillside Ave, 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
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    1596 Un Tpke
    New Hyde Park, NY 11040-1762
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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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