The events occurred around 1 a.m. in the night, a police source told AFP. The victim was initially transported to hospital with a life-threatening prognosis, but he later died, this source added.
The accident took place in the Cité de l'Ill district, the prefecture told AFP.
This is a sensitive district in the north of Strasbourg.
The driver of the vehicle fled, said another police source.
New Year's Eve was placed under high surveillance in France, particularly in Strasbourg where incidents were recorded in several sensitive neighborhoods on the nights preceding New Year's Eve.
Nearly 700 police officers were engaged, during the night from Tuesday to Wednesday, in Strasbourg and its agglomeration as well as 500 gendarmes in the rest of Bas-Rhin, indicated the prefect of this department, Jacques Witkowski, during a press point Tuesday.
1,100 firefighters were also mobilized, including more than 300 in the Eurometropolis, and a national gendarmerie helicopter available, as well as drones, he listed.
During the previous nights, “around forty arrests” took place in Strasbourg following vehicle damage, trash fires but also urban violence, the prefect recalled.