Austin Towers

Austin Towers is a condo located 87-30 62nd Avenue, in Rego Park, Rego Park. The building was first built in 1989 and is 35 years old. The official lot area is listed as 33,649 square feet. In total, 87-30 62nd Avenue has a total floor area of 45,091 square feet. Of that, 43,427 square feet are used for residential purposes. About 1,664 square feet of the building are used for commercial purposes. There are a total of 78 units. Of those, 78 are residential units. There are no commercial units in this building. 87-30 62nd Avenue has a total of 12 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 214 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 226 days and tend to sell below the original asking price of $459,000 by 11.49%. Meaning, listings tend to sell at a median of $611 price per square foot. The transaction that took the longest to complete was unit 4B, listed on Nov 21, 2019 for $430,000. This particular unit ultimately sold 362 days later for $0. The most recent transaction was for unit 6E, which was first advertised on Aug 08, 2023, sold for $449,000 on Oct 18, 2023. Fun fact, the oldest transaction we have on record took place on Nov 05, 1989. See the full transaction history for Austin Towers below.

Rego Park, where 87-30 62nd Avenue is located, has a median asking price of $749,210 for condo buildings. Meanwhile, the building itself has a median asking price of $459,000. For interested buyers, that means the building's median asking price is around 0.39% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $439,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $415,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $427,000. Active units for sale at 87-30 62nd Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.