The 92-year-old man was struck at the intersection of 40th Street and 1st Avenue just before 11:30 p.m. Thursday.
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When officers arrived at the scene, they discovered the victim with head and body trauma.
He was pronounced dead at NYC Health & Hospitals Bellevue.
The NYPD Highway District's Collision Investigation Squad found that the victim was attempting to cross East 40th Street, walking eastbound, when he was hit by a dark-colored vehicle.
The vehicle was traveling northbound on 1st Avenue and did not stop.
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So far, there are no arrests.
The identity of the victim has not yet been released.
MORE NEWS: Young woman killed in Queens hit and run
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