Austin Condominium
78-29 Austin Street, Queens, NY 11375
Overview
The Austin Condominium is a new six-story, 98-unit building at 78-29 Austin Street near the Kew Gardens-Union Turnpike station. Its offering plan lists homes from about $814,000 to $3.9 million, a rooftop pool and cellar amenities, 99 parking units, and a first-year budget of about $1.13 million that includes buying an apartment for the super.
- What it is: a new building on vacant land, six stories plus a basement, cellar and sub-cellar. The main entrance is on Austin Street, with a service entrance on Kew Forest Lane. The plan expected the first closing by July 1, 2025.
- Size: 98 apartments (including the super's unit), 99 parking units and 50 storage bin licenses. No commercial units.
- Layouts: 16 townhouse-style "TH" homes on the lower floors, most of them three-bedroom duplexes or triplexes. The 300, 400 and 500 lines have 20 homes each, mostly one- and two-bedrooms. The fifth floor has 17 "PH2" homes, and the sixth floor three "PH1" penthouses.
- Outdoor space: the plan lists 72 private terraces and 4 private roof terraces. The largest are on PH2B (547 sq ft) and PH1B (678 sq ft roof terrace).
- Offering prices: in the original price list, homes for sale ran from $814,000 for a one-bedroom to $3,881,150 for penthouse PH1A. These are asking prices, not sales. Five amendments have been filed since, so check them for current prices.
- Common charges: about $471 to $2,240 a month under the sponsor's first-year projection.
Compare
| Figure | This building1 | Blvd Condominiums (F/K/A The Denary Condominiums)274 units · 0.8 miaccepted 2021 | Luxury Austin360 units · 1.6 miaccepted 2021 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.69MHighest | $1.17M | $636,160 |
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Unit mix, closings, budgets, finishes and the team, against Blvd Condominiums (F/K/A The Denary Condominiums) and Luxury Austin, cited to the offering plans. No credit card required.
Create a free accountHow We Got This
- 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 98 of 98 |
| Closingsfirst and latest recorded | Aug 25, 2025 – Aug 25, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 115 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 311 | Aug 25, 2025 | $1,914,000one deed, 2 homes | — | — |
| PU37 | Aug 25, 2025 | $1,914,000one deed, 2 homes | — | — |
| 312 | Aug 26, 2025 | $890,000one deed, 2 homes | — | — |
| PU20 | Aug 26, 2025 | $890,000one deed, 2 homes | — | — |
| 305 | Aug 29, 2025 | $1,285,000one deed, 2 homes | — | — |
| PU22 | Aug 29, 2025 | $1,285,000one deed, 2 homes | — | — |
| 307 | Sep 5, 2025 | $1,346,700one deed, 2 homes | — | — |
| PU64 | Sep 5, 2025 | $1,346,700one deed, 2 homes | — | — |
| 309 | Sep 8, 2025 | $1,324,000one deed, 2 homes | — | — |
| PU14 | Sep 8, 2025 | $1,324,000one deed, 2 homes | — | — |
| 507 | Sep 10, 2025 | $1,450,000one deed, 2 homes | — | — |
| PU25 | Sep 10, 2025 | $1,450,000one deed, 2 homes | — | — |
| 515 | Sep 11, 2025 | $866,400 | — | — |
| PH2E | Sep 11, 2025 | $1,973,956one deed, 3 homes | — | — |
| PH2F | Sep 11, 2025 | $1,486,283one deed, 2 homes | — | — |
| PU40 | Sep 11, 2025 | $1,486,283one deed, 2 homes | — | — |
| PU49 | Sep 11, 2025 | $1,973,956one deed, 3 homes | — | — |
| PU51 | Sep 11, 2025 | $1,973,956one deed, 3 homes | — | — |
| PH2B | Sep 12, 2025 | $2,337,238one deed, 2 homes | — | — |
| PU26 | Sep 12, 2025 | $2,337,238one deed, 2 homes | — | — |
| 310 | Sep 16, 2025 | $1,552,971one deed, 2 homes | — | — |
| 407 | Sep 16, 2025 | $1,471,563one deed, 3 homes | — | — |
| PU23 | Sep 16, 2025 | $1,552,971one deed, 2 homes | — | — |
| PU50 | Sep 16, 2025 | $1,471,563one deed, 3 homes | — | — |
| PU52 | Sep 16, 2025 | $1,471,563one deed, 3 homes | — | — |
| 409 | Sep 19, 2025 | $1,373,000one deed, 2 homes | — | — |
| PU86 | Sep 19, 2025 | $1,373,000one deed, 2 homes | — | — |
| 417 | Sep 24, 2025 | $1,268,000one deed, 2 homes | — | — |
| PU28 | Sep 24, 2025 | $1,268,000one deed, 2 homes | — | — |
| 303 | Sep 25, 2025 | $1,220,000one deed, 2 homes | — | — |
| 317 | Sep 25, 2025 | $1,190,175one deed, 2 homes | — | — |
| 511 | Sep 25, 2025 | $2,200,000one deed, 2 homes | — | — |
| PU12 | Sep 25, 2025 | $1,220,000one deed, 2 homes | — | — |
| PU60 | Sep 25, 2025 | $1,190,175one deed, 2 homes | — | — |
| PU87 | Sep 25, 2025 | $2,200,000one deed, 2 homes | — | — |
| 302 | Sep 30, 2025 | $1,675,000one deed, 2 homes | — | — |
| PU61 | Sep 30, 2025 | $1,675,000one deed, 2 homes | — | — |
| 516 | Oct 1, 2025 | $888,000 | — | — |
| PH2D | Oct 1, 2025 | $1,984,756one deed, 2 homes | — | — |
| PU62 | Oct 1, 2025 | $1,984,756one deed, 2 homes | — | — |
| PH1B | Oct 3, 2025 | $2,970,000one deed, 2 homes | — | — |
| PU80 | Oct 3, 2025 | $2,970,000one deed, 2 homes | — | — |
| 415 | Oct 10, 2025 | $815,000 | — | — |
| 306 | Oct 17, 2025 | $1,353,000one deed, 2 homes | — | — |
| 315 | Oct 17, 2025 | $794,200 | — | — |
| PU9 | Oct 17, 2025 | $1,353,000one deed, 2 homes | — | — |
| 416 | Oct 21, 2025 | $814,600 | — | — |
| 509 | Oct 21, 2025 | $1,413,888one deed, 2 homes | — | — |
| PU17 | Oct 21, 2025 | $1,413,888one deed, 2 homes | — | — |
| 402 | Oct 22, 2025 | $1,691,638 | — | — |
| 410 | Oct 23, 2025 | $1,645,000one deed, 2 homes | — | — |
| PU16 | Oct 23, 2025 | $1,645,000one deed, 2 homes | — | — |
| PH1A | Oct 27, 2025 | $3,250,000one deed, 3 homes | — | — |
| PU83 | Oct 27, 2025 | $3,250,000one deed, 3 homes | — | — |
| PU89 | Oct 27, 2025 | $3,250,000one deed, 3 homes | — | — |
| 505 | Oct 28, 2025 | $1,434,405one deed, 2 homes | — | — |
| PU92 | Oct 28, 2025 | $1,434,405one deed, 2 homes | — | — |
| 308 | Oct 29, 2025 | $1,410,000one deed, 2 homes | — | — |
| PU35 | Oct 29, 2025 | $1,410,000one deed, 2 homes | — | — |
| 419 | Oct 30, 2025 | $1,248,137one deed, 2 homes | — | — |
| PU85 | Oct 30, 2025 | $1,248,137one deed, 2 homes | — | — |
| 314 | Oct 31, 2025 | $780,000 | — | — |
| 512 | Oct 31, 2025 | $939,230 | — | — |
| PH2L | Nov 6, 2025 | $900,000 | — | — |
| 408 | Nov 12, 2025 | $1,427,125one deed, 2 homes | — | — |
| PU84 | Nov 12, 2025 | $1,427,125one deed, 2 homes | — | — |
| 319 | Nov 13, 2025 | $1,268,000one deed, 2 homes | — | — |
| PU99 | Nov 13, 2025 | $1,268,000one deed, 2 homes | — | — |
| 508 | Nov 18, 2025 | $1,515,000one deed, 2 homes | — | — |
| PU21 | Nov 18, 2025 | $1,515,000one deed, 2 homes | — | — |
| 304 | Nov 24, 2025 | $1,285,000one deed, 2 homes | — | — |
| PU15 | Nov 24, 2025 | $1,285,000one deed, 2 homes | — | — |
| 411 | Nov 25, 2025 | $2,100,000one deed, 2 homes | — | — |
| PU27 | Nov 25, 2025 | $2,100,000one deed, 2 homes | — | — |
| 412 | Nov 26, 2025 | $950,000 | — | — |
| PH2J | Jan 9, 2026 | $980,000 | — | — |
| PU88 | Jan 9, 2026 | $30,000 | — | — |
| 313 | Jan 13, 2026 | $906,243one deed, 2 homes | — | — |
| PU48 | Jan 13, 2026 | $906,243one deed, 2 homes | — | — |
| 501 | Jan 14, 2026 | $1,399,000one deed, 2 homes | — | — |
| PU18 | Jan 14, 2026 | $1,399,000one deed, 2 homes | — | — |
| PH2I | Feb 26, 2026 | $985,000 | — | — |
| PU19 | Feb 26, 2026 | $50,000 | — | — |
| PU90 | Mar 2, 2026 | $2,316,519one deed, 2 homes | — | — |
| TH-8 | Mar 2, 2026 | $2,316,519one deed, 2 homes | — | — |
| 513 | Mar 10, 2026 | $967,338one deed, 2 homes | — | — |
| PU13 | Mar 10, 2026 | $967,338one deed, 2 homes | — | — |
| PU79 | Mar 18, 2026 | $2,367,431one deed, 3 homes | — | — |
| PU91 | Mar 18, 2026 | $2,367,431one deed, 3 homes | — | — |
| TH-9 | Mar 18, 2026 | $2,367,431one deed, 3 homes | — | — |
| 401 | Mar 25, 2026 | $1,404,167one deed, 2 homes | — | — |
| PU55 | Mar 25, 2026 | $1,404,167one deed, 2 homes | — | — |
| PU10 | Apr 24, 2026 | $2,210,000one deed, 2 homes | — | — |
| TH-12 | Apr 24, 2026 | $2,210,000one deed, 2 homes | — | — |
| 514 | May 6, 2026 | $939,000one deed, 2 homes | — | — |
| PU36 | May 6, 2026 | $939,000one deed, 2 homes | — | — |
| 414 | May 14, 2026 | $860,421 | — | — |
| 413 | May 20, 2026 | $905,000 | — | — |
| 301 | Jun 9, 2026 | $1,299,000 | — | — |
| PU41 | Jun 11, 2026 | $2,270,000one deed, 2 homes | — | — |
| TH-10 | Jun 11, 2026 | $2,270,000one deed, 2 homes | — | — |
| 202 | Jun 22, 2026 | $1,695,000one deed, 2 homes | — | — |
| PU66 | Jun 22, 2026 | $1,695,000one deed, 2 homes | — | — |
| 201 | Jun 23, 2026 | $1,359,364one deed, 2 homes | — | — |
| PU11 | Jun 23, 2026 | $1,359,364one deed, 2 homes | — | — |
| 418 | Jul 6, 2026 | $1,240,000one deed, 2 homes | — | — |
| PU24 | Jul 6, 2026 | $1,240,000one deed, 2 homes | — | — |
| 502 | Aug 7, 2026 | $1,854,000one deed, 2 homes | — | — |
| PU44 | Aug 7, 2026 | $1,854,000one deed, 2 homes | — | — |
| PU73 | Aug 10, 2026 | $2,419,000one deed, 3 homes | — | — |
| PU74 | Aug 10, 2026 | $2,419,000one deed, 3 homes | — | — |
| TH-5 | Aug 10, 2026 | $2,419,000one deed, 3 homes | — | — |
| PU29 | Aug 12, 2026 | $101,825 | — | — |
| PU96 | Aug 25, 2026 | $2,259,000one deed, 2 homes | — | — |
| TH-11 | Aug 25, 2026 | $2,259,000one deed, 2 homes | — | — |
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
What It Costs to Run
The sponsor projects a first-year budget of about $1.13 million (July 2025 to June 2026). Residential owners pay about 98.5% of it. A few lines stand out:
| Budget line | Approx. first-year cost |
|---|---|
| Staff wages, taxes and benefits | $494,000 |
| Super's apartment (loan, charges, taxes, power) | $117,000 |
| Reserve fund | $113,000 |
| Water and sewer | $112,000 |
| Service contracts (incl. pool, landscaping, elevators) | $105,000 |
| Insurance | $65,000 |
| Management fee | $60,000 |
Staff is about 44% of the budget. The super's-unit line assumes the sponsor loan at 8.5%; the plan elsewhere says the rate will be the prime rate when the note is signed, so the real cost could differ.
Projected property taxes run about $553 to $2,632 a month, so a one-bedroom's total carrying cost starts near $1,025 a month and the largest penthouse is about $4,870, before electricity. Read more on common charges and estimating condo property taxes.
Good to know: the reserve fund starts at $0 and builds from common charges, about 10% of the budget a year. The sponsor makes no contribution. At closing you pay a working capital contribution of two months' common charges. See condo reserve funds.
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
The Building
Finishes
Kitchens
Kitchens get laminate or wood-laminate cabinets and quartz counters, with a Crane stainless sink and a Waterworks Studio faucet. Appliances depend on the home:
- Most apartments (floors 1 to 5): a 30-inch GE refrigerator, a 30-inch GE electric range, a GE dishwasher, a GE microwave drawer and a GE hood.
- Townhouses and sixth-floor penthouses: a 36-inch Frigidaire refrigerator, a 36-inch Thor electric range, a GE dishwasher and microwave drawer, a 36-inch GE hood and an 18-inch Danby wine cooler.
There's no gas, so every range is electric. See gas vs. electric stoves in NYC condos.
Bathrooms
Grohe toilets and fittings, Scavolini sinks on laminate vanities, and American Standard tubs and showers. Floors are ceramic tile, and tile runs to the ceiling around tubs and showers.
Floors and Windows
- Floors: pre-finished engineered wood in a herringbone pattern, with a chevron pattern listed for the upper floors, glued to an 8-inch concrete slab.
- Windows: Reynaers aluminum tilt-and-turn windows with insulated, laminated glass. The manufacturer's warranty is three years, against corrosion and defective glass only.
Laundry, Heating and Cooling
- Laundry: every home gets a stacked Samsung electric washer and vented dryer, 24-inch in one-bedrooms and 27-inch in larger homes.
- Heating and cooling: a Mitsubishi VRF heat pump system with a thermostat in each room's zone. The compressor warranty is seven years, parts one year, labor not included.
- Hot water: a 50-gallon A.O. Smith electric water heater inside each apartment.
- Electricity: you pay for your own. The sponsor's estimate runs from about $3,600 a year for a small one-bedroom to about $9,600 for the largest townhouse.
Compare with heating and cooling in NYC condos and in-unit hot water heaters.
Amenities, Staffing & Transportation
For a 98-unit building, the list is long. Sizes and capacities are from the plan:
- Roof: a swimming pool terrace of about 1,800 sq ft with lounge chairs and barbecue areas (up to 50 people).
- Sixth-floor terrace: about 5,079 sq ft with a pickleball court, ping pong table, picnic lawn and seating (up to 72 people).
- Cellar: an indoor basketball room (about 1,190 sq ft), a gym (about 715 sq ft), a business lounge (about 540 sq ft), a kids room with a ball pit and slide (about 449 sq ft), a spa and sauna (about 400 sq ft), a small garden (about 462 sq ft), a piano room with an electric piano, a dog spa and a bike room with 50 racks.
- First floor: the lobby, a package room and a mail room.
Good to know: the plan says all amenities will be open when the condo starts operating, and it doesn't expect common charges to rise in year two because of them. The budget carries $38,000 for pool operations and $36,000 for landscaping. Compare with amenities by building size.
Tip: storage bins are licenses, not deeded units, sold only to apartment owners for $15,000, $30,000 or $45,000 depending on size. There's no monthly fee, but you pay to maintain your bin. See condo storage units.
Staffing and Services
The plan budgets for a small, non-union staff:
- 1 live-in superintendent, weekdays, at $22 an hour
- 4 full-time doormen, meant to cover the door around the clock, at $22 an hour
- 1 porter, weekdays, at $20 an hour
The budget also mentions "virtual doorman fees." Four full-time doormen at 40 hours each come to 160 hours a week, slightly short of the 168 hours in a week, so ask how the gaps are covered. See how super's units work in NYC condos.
Transportation
- Subway: 3 min walk to Kew Gardens-Union Tpke E F; 75 Av E F, 8 min
- Parking: 99 parking units in the plan
Fine Print
What's Specific to It
- Buyers help buy the super's apartment. Unit TH-15 is the super's home. The board buys it for $1,483,500. Buyers pay 40% of that ($597,400) in cash at their closings, split by each unit's share of the building, plus a share of about $77,500 in closing costs. The rest is a loan from the sponsor.
- A school next door, with rights on the property. The Kew-Forest School gets one parking unit with 20 spaces for free. It also has a permanent easement on a strip about 184 feet long and 18 feet deep at grade, used as a playground and walkway. Owners can't use that strip, and the plan warns of extra visitors and noise.
- Parking for sale in the building. 98 parking units in the sub-cellar and cellar sell for $50,000 each, by deed, through a ramp from Austin Street.
- All electric. The building has no gas service. Cooking, heating, cooling and hot water run on electricity you pay for.
- No tax abatement. The plan says no real estate tax abatement is available to the units.
Listing photos of The Austin show you the finishes. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.
Fine Print Worth Knowing
- Parking rules. Cars are limited to 7,000 lbs and 211 by 80 by 78 inches. Eight spaces are tandem and sold in pairs. If you install an EV charger, you pay for your own meter. Parking units pay only a small share of building costs, which the plan says makes residential common charges "substantially higher."
- Lot line windows. Fourteen homes facing Union Turnpike (201, 301, 312, 313, 401, 412, 413, 501, 512, 513, PH2A, PH2I, PH2J and PH1A) have lot line windows that a future neighbor could block. Sealing them would cost the owner about $1,500 per window.
- Roof warranty. No "no dollar limit" roof warranty is provided, and the plan gives the roof an expected life of ten years. It suggests budgeting about $5 per sq ft for membrane repairs.
- Lender limits. The preferred lender, Valley National Bank, requires 15% of homes sold and 51% owner-occupied before it closes a loan. Valley also holds the sponsor's $71 million construction loan.
- Sponsor control. The sponsor controls the board for one year after the first closing or until it owns less than 50%. For up to five years it can veto new staff, improvements and reserve increases.
- Contract terms. You pay the city and state transfer taxes, $2,200 to the sponsor and $3,250 to the sponsor's lawyer. A late closing costs 0.03% of the price per day. You waive a jury trial, and owner disputes go to arbitration.
- No 36-B warranty. The state housing merchant warranty doesn't apply because the building is over five stories. See new construction warranties.
- Plan inconsistencies. The plan's text on parking says "forty nine" units are for owners only but then lists 98. It also names different ADA parking spaces in different places. Ask the sponsor's counsel which is right.
Team
- Sponsor: 78-29 Austin Street Holdings LLC, whose principals are Sergey Rybak and Natalia Sorkin
- Selling agent: the sponsor itself
- Sponsor's architect: Igor Zaslavskiy, R.A.
- Managing agent: FIDY Management Inc., on a one-year agreement at $60,000. The plan says it isn't affiliated with the sponsor, though its listed office (Unit C-404) is next to the sponsor's (Suite C-403) at 227 Sea Breeze Avenue in Brooklyn.
- Sponsor's counsel and escrow agent: Tsyngauz & Associates
- Tax consultant: MGNY Consulting Corp.
The plan doesn't name an interior designer.
- Sponsor
- 78-29 Austin Street Holdings LLC
- Developer
- RYBAK DevelopmentReported by mannpublications.com
- Principals
- Sergey Rybak, Natalia Sorkin
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Valley National Bank$71 million loan stated in the plan
Nearby
- Kew Gardens Tower0.3 mi · 32 units · 10 parking · 2023
- 83-09 Talbot Street0.4 mi · 83 units · 2006
- Classic At Kew Gardens0.4 mi · 52 units · 2008
- Beverly Condominium0.5 mi · 40 units · 13 parking · 2022
- Park Terrace 116 Condominium0.5 mi · 24 units · 2009
- Garden Lane Condominium0.5 mi · 19 units · 2021
FAQ
Does The Austin have a pool?
Yes. The plan describes a swimming pool terrace of about 1,800 sq ft on the roof, open to all residents, with $38,000 a year budgeted for pool operations.
How much is parking at The Austin?
Each parking unit was offered at $50,000 in the original price list, sold by deed. Parking units carry their own small common charges and property taxes, about $77 a month combined.
How much are common charges at The Austin?
Under the sponsor's first-year projection, about $471 to $2,240 a month depending on the home, with property taxes of about $553 to $2,632 a month on top. There's no tax abatement.
Why do buyers pay toward a super's apartment?
The building has a live-in super, and the board buys unit TH-15 for that purpose. Buyers cover 40% of its price in cash at closing, in proportion to their share of the building, and the budget pays off the rest.
Where this comes from: the building's offering plan (CD230253), filed with the New York Attorney General, including its Schedule A price list, Schedule B first-year budget and Schedule B-1 energy estimates. Amendments filed since were not reviewed for this guide. Prices are the sponsor's original offering prices, not sales. Updated October 2026.