--- title: "78-29 Austin Street #411, New York City, NY 11375" description: "78-29 Austin Street #411, New York City, NY 11375 — Forest Hills, New York City, NY. Listing Price $2,123,188. In contract 8/17/2025. 3 bed, 3 bath, 1,813 sqft Illustrative Buyer Commission Share of $31,848 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens/11375/78-29-austin-street-411-ny-11375" source: "Real Estate Rebate Team" status: "Pending" --- # 78-29 Austin Street #411, New York City, NY 11375 Forest Hills, New York City, NY **New Development · Sponsor Residence** Courtesy of Modern Spaces ## At a Glance - **Listing Price**: $2,123,188 - **Status**: In contract 8/17/2025 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 3 - **Total Baths**: 3 - **Sqft**: 1,813 - **Common Charges**: $1,221 / mo - **Monthly Taxes**: $1,434 / mo - **Price per Sqft**: $1,171 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,123,188 - **Illustrative Buyer Commission Share**: -$31,848* - **Illustrative Net Cost**: $2,091,340 *Illustrative Buyer Savings of $31,848 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (1) ![78-29 Austin Street #411, New York City, NY 11375 — photo 1 of 1](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/62ba240a-a211-4fe4-8497-8b064cf15b41.jpg) ## Property Overview Introducing a timelessly elegant masterpiece. Welcome to The Austin, a bespoke new development, where every detail is exquisitely designed from the ground up to an enduring standard of luxury, yet completely contemporary. Nestled within the tranquility of what is a lush urban enclave, The Austin has arrived – inviting you to the future of Forest Hills. The seven-story collection of 98 residences transcends the condominium status quo with outstanding craftsmanship and world class amenities, surrounded by abundant tranquil green spaces. You’ll be immediately drawn to Forest Hill’s quasi-European village surroundings, a charming neighborhood where streets are lined with Tudor homes and tulip trees. Truly an urban masterpiece in Queens, The Austin is surrounded by distinctive architecture, verdant greenery and a thriving commercial district — all within close proximity to Manhattan and surrounding communities. This remarkable LEED Gold/Energy Star certified building, wifi-enabled for complete connectivity, is constructed to deliver a scale that’s truly exceptional. Distinctive design and gracious proportions, with generous tripled-paned windows, create an ambiance in which every residence is fully bathed in abundant light. These oversized windows, constructed of high-performance glass to be remarkably soundproof and energy efficient, are more than portals to the outside world; they’re a luxurious gateway to an elegantly harmonious lifestyle. Convenience also is a top priority. You’ll appreciate the luxury of a parking garage with a dedicated EV charging station for every spot, allowing you to effortlessly power up your electric vehicle right at home. The Austin is committed to providing eco-friendly solutions that align with your modern lifestyle. Enter the grand lobby — by way of the skywalk bridge over the exposed garden below — and immediately feel right at home. Interiors are as exceptional as they are comfortable. Graceful proportions, soaring ceilings and luxurious finishes are the hallmarks of these distinctive residences. The expansive spaces are framed by floor-to-ceiling triple-paned, superbly energy efficient windows that envelop each home with abundant natural light and captivating views of Forest Hills Gardens. Every element is intended to elevate and enrich everyday life. You’ll appreciate the herringbone wood flooring throughout and custom Scavolini-designed kitchens with Viking appliances, including ducted outside venting range hoods and dryers. Spa-inspired bathrooms are designed to fully pamper, outfitted with deep drop-in tubs and Porcelanosa vanities with luxe Grohe faucets. The Wifi-enabled Mitsubishi split system central heating/cooling system, zoned by room, prioritizes comfort and energy efficiency tailored to your needs. Details matter here. Each residence has been thoughtfully designed with a private concierge closet in the vestibule. Deliveries - packages, groceries, etc. - will all efficiently and conveniently arrive at your doorstep. *Rendering images ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Total Baths**: 3 - **Rooms**: 5 - **Sqft**: 1,813 sqft - **Stories**: 7 - **Year Built**: 2024 - **Price per Sqft**: $1,171 - **Common Charges**: $1,221 / Monthly - **Monthly Taxes**: $1,434 / mo - **Listed On**: Feb 5, 2025 - **Days on Market**: 589 Days ### Residence Features - Building Washer Dryer Install Allowed - Building Storage - Building Garden - Building Roof Deck - Private Outdoor Space Under 60 Sqft - Dining Area ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Estimated Monthly Payment **$13,391 / month**, assuming a 20% down payment ($424,638), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $10,736 - **Property Taxes**: $1,434 - **Common Charges**: $1,221 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $2,123,188 - **Median sold price**: $2,036,978 - **Difference**: +$86,210 (+4.2%) - **This home, $/ft²**: $1,171 - **Median $/ft²**: $1,097 - **Comparable sales**: 16 - **Sales from**: November 2024 – June 2026 - **Middle half of those sales**: $1,687,478 – $2,281,630 Based on condo three-bedroom sales in Forest Hills. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Forest Hills instead. ### How these sales were negotiated - **Sale-to-list price**: 98.2% (15 sales) - **Sold below asking**: 67% (15 sales) - **Typical time to close**: 91 days (15 sales) Based on condo three-bedroom sales in Forest Hills with the required listing and closing data. Sample sizes vary by metric. Sales data through June 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. ## Price and Property History for 78-29 Austin Street, Unit 411 Review the recorded listing activity for 78-29 Austin Street, Unit 411, including asking-price changes and prior market dates. - **Entered contract**: August 17, 2025 | Date | Price | Listing event | | --- | --- | --- | | August 17, 2025 | $2,123,188 | Entered contract | | June 10, 2025 | $2,123,188 | Returned to the market | | February 5, 2025 | $2,123,188 | Listed for sale by Modern Spaces | ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## Forest Hills Overview of Forest Hills [Explore Forest Hills](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/forest-hills) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Forest Hills - [Rego Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/rego-park) - [Kew Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/kew-gardens) - [Flushing Meadows Corona Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/flushing-meadows-corona-park) - [Kew Gardens Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/kew-gardens-hills) - [Middle Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/middle-village) - [Corona real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/corona) ## Related Links - [Forest Hills neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/forest-hills) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.