Opportunity Knocks: 5-Bedroom, 2-Bath Home With Huge Investment Potential
Welcome to a rare opportunity in a sought-after location—this 5-bedroom, 2-bathroom home is ready for its next chapter. Whether you're a builder, investor, or ambitious homeowner with a vision, this property is brimming with potential and waiting for someone to unlock it.
Situated on a generous lot, the home offers a solid structure and a spacious layout that’s ideal for a creative transformation. From the outside, it may not look like much at first glance, but inside lies a space filled with possibilities. The five well-sized bedrooms offer flexibility for larger families or rental setups, and the two full bathrooms provide the foundation for a comfortable living arrangement. With the right updates and improvements, this home could be transformed into a modern, functional living space or reimagined into something entirely new.
While the property does need work, that’s exactly what makes it such a valuable opportunity. It’s not every day that a home with this much square footage, in this kind of location, becomes available at a price point that allows room for renovation and profit. This is a perfect canvas for builders looking to flip, developers seeking a long-term investment, or seasoned investors ready to renovate and rent out. Whether you're planning a full gut renovation or selective updates, the potential return on investment here is significant.
If you’ve been waiting for the right fixer-upper with solid upside potential, this is your chance. Bring your contractor, your architect, or just your ideas—and get ready to turn this hidden gem into something truly special sold as is.
Listed by Amit K. Sharma
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Property Professionals Realty
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516-605-2700
Last updated September 06, 2025
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Source: OneKey #896792
Listing Facts
TypeSingle-family
NeighborhoodFranklin Square
Bedrooms5
Bathrooms2
Days on Prevu37
Taxes$9,121.35/year
Size1,333 sqft
Price per sqft$506
Amenities
Dishwasher
Location
Mortgage Calculator
Listing History
08/02/2025
Listed by Property Professionals Realty
$675,000
Property Details for 78 New Hyde Park Road
Exterior
Construction
Year Built: 1908
Architectural Style: Other
Construction Materials: Other
Measurements
Building Area Total: 3,998
Building Area Units: Square Feet
Lot Size Acres: 0.09
Lot Size Square Feet: 4,000
Financial
Taxes
Parcel Number: 2089-33-397-00-0011-0
Tax Annual Amount: $9,121.35
Tax Assessed Value: $476.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
Interior Features: First Floor Bedroom
Measurements
Living Area: 1,333
Living Area Source: Public Records
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Half: 1
Bathrooms Total Integer: 2
Bedrooms Total: 5
Rooms Total: 5
Parking
Parking
Garage Spaces: 1
Garage: Yes
Schools
Elementary School
Elementary School: New Hyde Park Road School
Elementary School District: New Hyde Park-Garden City Park
High School
High School: H Frank Carey High School
High School District: Sewanhaka Central
Middle or Junior School
Middle Or Junior School: Sewanhaka High School
Middle Or Junior School District: Sewanhaka Central
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Sewer Available
Water Source: Public
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