New York City's biggest borough has added another condominium building to its landscape — this time in the family-friendly neighborhood of Forest Hills.
Residents began moving last week into the Austin, a 98-unit building at 7829 Austin St., according to developer Rybak Development.
Rybak said it finished construction last month on the seven-story, 65,527-square-foot building in Queens, the city's largest borough by land mass. It includes one-, two-, three- and four-bedroom units. The Austin also offers 20 penthouse units, nine of which are under contract to be sold, the developer said.
Prices for a one-bedroom range from $814,000 to $1 million, while the two-bedroom units are between $1.22 million and $1.53 million. The three-bedroom units are priced between $1.58 million and $3.88 million, while a unit with four bedrooms will cost roughly $3.2 million.
Residents of the Austin will get access to the building's library, zen garden, children's playroom, music room, basketball court, pet spa, indoor parking facility with electric vehicle charging and other amenities. The building's rooftop has a pickleball court, grilling area and saltwater pool, among other features.
The living spaces include heated floors in the main bathroom, an electric stove in the kitchen and an outdoor terrace. Those amenities were added intentionally, the developer said.
"The Austin is nestled on a picturesque tree-lined street in Forest Hills, creating a rare sense of tranquility within New York City," said Alexander Perreira, sales director of new condominium development for Modern Spaces, the firm tapped with selling units inside the Austin. "It’s this combination of refined finishes, carefully considered layouts and a serene neighborhood setting that makes the Austin unlike any other condominium offering in the city."
The Austin marks the latest condo building to come to Queens this summer. Last month, more than 100 new condo units opened in Long Island City inside a 13-story tower — the Openaire.
The new development arrives at a time when Queens — like the other four New York boroughs — is in desperate need of housing. City data shows that Queens welcomed 22,159 new residents between July 2023 and July 2024, but the latest city housing survey found the borough only created 19,400 new housing units between 2021 and 2023.
To address the housing crunch, Mayor Eric Adams has ordered city officials to look for potential land for new housing developments, particularly on plots the city already owns. The city also approved a series of zoning law changes late last year under its "City of Yes" plan that's slated to add 80,000 housing units over the next 15 years.
Forest Hills is a popular central Queens neighborhood where residents mostly live in large brick prewar housing cooperatives, single-family Tudors or Colonial dwellings. To comic book fans, Forest Hills is the fictitious home of Peter Parker, the brainy, web-crawling teenager also known as Spider-Man.
Rybak chose to build the Austin in Forest Hills because officials felt the neighborhood's aura gave off a suburban feel, even though it's in the largest city in the nation.
"We saw an opportunity to introduce something special, a luxury condominium that brings the amenities and experience of a five-star resort to a new generation of homeowners, from first-time buyers to empty nesters," Perreira told Homes.com.
