Advantages of buying property in New Hyde Park, New York:
- Excellent transportation connectivity with access to major highways, Long Island Rail Road, and bus routes.
- A diverse and stable economy with competitive job opportunities in healthcare, education, retail and service sectors.
- A developed and safe residential neighborhood with access to high-quality public schools and recreational facilities.
- Reasonable property values with favourable price appreciation potential in the long term.
- Proximity to New York City, which means access to a wide variety of cultural amenities and entertainment options.

Disadvantages of buying property in New Hyde Park, New York:
- High population-density and an expensive cost of living.
- Traffic congestion during peak hours due to high volume of commuters.
- High property taxes and insurance costs, which may affect affordability of owning a property.
- Limited availability of new residential development resulting in higher competition among buyers.
- Inclement weather during winters may cause issues with driving and transportation.

It's important to consider all the advantages and disadvantages before making the decision to buy a property in any location, as individual preferences and priorities play a crucial role in determining the right choice.