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78-29 Austin Street Penthouse 2N Penthouse 2N is a remarkable two-bedroom, two-bathroom residence offering 1, 069 square feet of interior space, along with a 125-square-foot private terrace. With dramatic ceiling heights up to 10 feet tall, Penthouse 2N features interiors expertly designed by Italian firm S20M. White Oak herringbone wood floors and spectacular custom wall paneling run throughout the primary living spaces, while the gracious living room is punctuated with floor-to-ceiling triple glazed windows. The adjacent private terrace allows for true indoor / outdoor living. The custom Scavolini kitchen features a best-in-class integrated suite of Viking appliances, including an induction cooktop with Savalo marble hood, refrigerator, dishwasher, and microwave. Glass upper cabinets with undermount lighting are paired with Italian Calacatta marble countertops. The private primary bedroom suite features an expansive walk-in closet and a tranquil en-suite bath. Anchored by a dual Porcelanosa vanity, the primary bathroom is equipped with Robern medicine cabinets, designer wall sconces, and wall mounted Toto toilet. The separate secondary bedroom is provided with ample closet space and is adjacent to the secondary bathroom. Penthouse 2N is equipped with a vented washer and dryer and a dedicated entry closet, while the private concierge closet provides the ultimate convenience. Nestled in the charming Forest Hills neighborhood, The Austin is a remarkable collection of 98 condominium residences. A transformative new development where every detail is exquisitely designed from the ground up, The Austin transcends the condominium status quo with outstanding craftsmanship and world class amenities, surrounded by abundant tranquil green spaces. Spanning Austin Street to Kew Forest Lane, this offering rivals anything else found in Queens. The Austin offers a refined collection of resort-style amenities designed to enhance everyday living. Residents are welcomed by a full-time doorman and concierge, with inviting spaces including a residents’ lounge with garden views, a residents’ library, and a vibrant children’s playroom and music room. The state-of-the-art fitness center features cardio and strength equipment, a stretching studio, spa, and indoor basketball court. Two fully amenitized rooftop levels include an outdoor saltwater junior Olympic pool, pickleball court, outdoor cinema, and outdoor kitchen and dining areas with panoramic views of Manhattan and Queens. Additional conveniences include a live-in superintendent, pet spa, as well as private parking and private storage available for purchase. The complete offering terms are in the offering plan available from Sponsor, 78-29 Austin Street Holdings LLC, having an address at 227 Sea Breeze Avenue, 4th fl. , Suite C-403, Brooklyn, NY 11224, File No. CD23-0253. All artist’s renderings are for representational purposes only and are subject to variances. Finishes depicted in the artist’s renderings are not necessarily indicative of what will be specified in the offering plan and not all items included in the artist’s renderings are included in unit purchase. Equal Housing Opportunity.
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,143,200 | $1,143,200 | $1,143,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,017 | $1,017 | $1,017 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,313 | $6,854 | $9,493 |
| Total Monthly Payment | $7,454 | $7,995 | $10,634 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.