# 78-29 Austin Street, Queens

Condominium · 98 units · built 2023 · Block 3345, Lot 7501.

On Umarelli: https://umarelli.org/nyc/4033457501/78-29-austin-street

More construction in Forest Hills: https://umarelli.org/nyc/queens/forest-hills.md

## Building permits

- New Building — Large Residential, filed Aug 8, 2022, 98 units, 7 stories, described as “New residential 7-story building”
- Alteration, filed Nov 20, 2024, described as “This application is filed for a Temporary Use Permit for a model apartments pursuant to section AC 28-111 and Buildings Bulletin 2010-002.”
- Alteration, filed Nov 3, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 3, 2022, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 27, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $14,057,103
- 2026–27 tax: $1,602,363
- Market value (city estimate): $31,237,993
- Taxable value: $13,462,847
- Assessed land: $1,864,764
- Assessed improvements: $12,192,339
- Condo units with their own tax lots: 197

## Tax breaks

- Co-op and condo abatement, with no end date, a $56,664 credit this tax year.

## Zoning

R6: floor area ratio 5.59 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 25, 2026: $2,259,000, Apt TH-11, sold with other lots
- Aug 12, 2026: $101,825, Apt PU29
- Aug 10, 2026: $2,419,000, Apt TH-5, sold with other lots
- Aug 7, 2026: $1,854,000, Apt 502, sold with other lots
- Jul 6, 2026: $1,240,000, Apt 418, sold with other lots
- Jun 23, 2026: $1,359,364, Apt 201, sold with other lots
- Jun 22, 2026: $1,695,000, Apt 202, sold with other lots
- Jun 11, 2026: $2,270,000, Apt TH-10, sold with other lots
- Jun 9, 2026: $1,299,000, Apt 301
- May 20, 2026: $905,000, Apt 413

The 10 most recent of 64 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[The Austin Nears Completion at 7829 Austin Street in Forest Hills, Queens](https://newyorkyimby.com/2025/05/the-austin-nears-completion-at-7829-austin-street-in-forest-hills-queens.html), New York YIMBY, May 15, 2025.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology