Luxury Austin Condominium
65-18 Austin Street, Queens, NY 11374
Overview
- Units
- 60 residential · 28 parking · 3 commercial
- Subway
- 8 min walk to 63 Dr-Rego Park M R67 Av M R, 10 min
- Developers
- Hua Xing Construction Corp., USA Real Estate Holding LLC
- Principals
- Sophia Shanfen Zhang, James Lu, Jiansong Huang, Puzhong Zheng, Wangjian Zhou, Xuemei Hong, Yi Fei Fang
- Offering price
- $46.1 million total $38.2 million when first offered
- Floor plans
- Page 43 of the plan
The sponsor of record is Luxury Austin LLC, represented by Bill Zou & Associates Pllc. The offering plan runs 360 pages. The sponsor has filed 3 amendments, the latest in December 2023. The nearest other condo plan on file is Austin Tower Condominium, next door.
Plan CD210086 · New · accepted Oct 22, 2021 · AG record ↗
Compare
| Figure | This building1 | Queens Garden291 units · 1.9 miaccepted 2021 | Rego Tower 64th Road335 units · 0.3 miaccepted 2020 |
|---|---|---|---|
| Average Offering PricePer Apartment | $636,160In line | $553,703 | $739,588 |
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Unit mix, closings, budgets, finishes and the team, against Queens Garden and Rego Tower 64th Road, cited to the offering plans. No credit card required.
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- Comps: the closest Queens plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Closings Pro
| Homes closed83% of the homes in the plan | 50 of 60 |
| Closingsfirst and latest recorded | Aug 15, 2023 – Aug 18, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.
All 50 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3G | Aug 15, 2023 | $485,000 | — | — |
| 2F | Aug 16, 2023 | $743,323 | — | — |
| 6F | Aug 31, 2023 | $771,834 | — | — |
| 3J | Sep 8, 2023 | $531,527 | — | — |
| 5D | Sep 14, 2023 | $767,761one deed, 2 homes | — | — |
| 6G | Sep 14, 2023 | $519,308 | — | — |
| 4G | Sep 15, 2023 | $486,720 | — | — |
| 5J | Sep 18, 2023 | $552,910 | — | — |
| 5F | Sep 22, 2023 | $824,783one deed, 2 homes | — | — |
| 5C | Sep 28, 2023 | $560,038one deed, 2 homes | — | — |
| 3F | Oct 10, 2023 | $712,775 | — | — |
| 7G | Oct 13, 2023 | $524,399 | — | — |
| 5G | Nov 27, 2023 | $496,860 | — | — |
| 7J | Dec 4, 2023 | $560,038 | — | — |
| 4D | Dec 21, 2023 | $699,538 | — | — |
| 4C | Dec 22, 2023 | $471,510 | — | — |
| 5H | Jan 16, 2024 | $600,768 | — | — |
| 2J | Jan 18, 2024 | $527,454 | — | — |
| 6C | Jan 30, 2024 | $496,860 | — | — |
| 2G | Feb 2, 2024 | $491,790 | — | — |
| 6J | Feb 6, 2024 | $614,005one deed, 2 homes | — | — |
| 8J | Feb 8, 2024 | $582,439 | — | — |
| 4J | Feb 15, 2024 | $534,581 | — | — |
| 7F | Feb 20, 2024 | $841,584one deed, 2 homes | — | — |
| 7D | Feb 29, 2024 | $739,250 | — | — |
| 4F | Mar 15, 2024 | $733,140 | — | — |
| 3D | Mar 26, 2024 | $680,191 | — | — |
| 4H | Apr 4, 2024 | $580,403 | — | — |
| 3A | Jun 5, 2024 | $738,231 | — | — |
| 2D | Jun 7, 2024 | $661,863 | — | — |
| 3H | Jun 13, 2024 | $451,230 | — | — |
| 8G | Jun 14, 2024 | $543,746 | — | — |
| 3B | Jul 2, 2024 | $692,410 | — | — |
| 6A | Aug 7, 2024 | $787,616one deed, 2 homes | — | — |
| 7C | Aug 9, 2024 | $519,308 | — | — |
| 3C | Aug 12, 2024 | $471,510 | — | — |
| 8F | Aug 16, 2024 | $824,783one deed, 2 homes | — | — |
| 5B | Nov 12, 2024 | $712,775 | — | — |
| 6B | Nov 22, 2024 | $700,556 | — | — |
| 5A | Jan 14, 2025 | $807,472one deed, 2 homes | — | — |
| 2H | Feb 18, 2025 | $478,000 | — | — |
| 6D | Feb 28, 2025 | $685,000 | — | — |
| 2A | May 27, 2025 | $600,000 | — | — |
| 2E | Jul 2, 2025 | $661,863 | — | — |
| 4E | Sep 24, 2025 | $715,000 | — | — |
| 6E | Nov 5, 2025 | $570,220 | — | — |
| 3E | Nov 26, 2025 | $663,000 | — | — |
| 5E | Feb 4, 2026 | $659,000 | — | — |
| 2C | Mar 10, 2026 | $560,000 | — | — |
| 7H | Aug 18, 2026 | $578,000 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- Luxury Austin LLC
- Developers
- Hua Xing Construction Corp., USA Real Estate Holding LLC
- Principals
- Sophia Shanfen Zhang, James Lu, Jiansong Huang, Puzhong Zheng, Wangjian Zhou, Xuemei Hong, Yi Fei Fang
- Counsel
- Bill Zou & Associates Pllc
- Tax estimate
- Xiao Feng PanPrepared the first-year real estate tax projection
- Construction lender
- Cathay Bank$16 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Austin Tower Condominiumnext door · 66 units · 53 parking · 2017
- Garden Hill Plaza Condominiumnext door · 23 units · 6 parking · 2014
- Rego Garden Condominiumnext door · 23 units · 7 parking · 2017
- Major Plaza Condominiumnext door · 14 units · 5 parking · 2015
- Apollo Austin Tower Condominiumnext door · 16 units · 7 parking · 2013
- Wetherole Plaza Condominiumnext door · 146 units · 2012