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Jerry Atkins Of Gold Hat Realty Acquires Industrial Property In Glendale Queens For $3.4M

Property Image
SOLD
$3,400,000

New York

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Industrial11,250 SF
Sold 08/11/2025
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Property Image
SOLD

Jerry Atkins Of Gold Hat Realty Acquires Industrial Property In Glendale Queens For $3.4M

88 05 76th Avenue

See Similar Deals
Industrial11,250 SF
Sold 08/11/2025
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$302
Total Square Footage:11,250 SF
Transaction Type:Sale

An industrial building located at 88-05 76th Avenue in Glendale, Queens, has been sold for $3,400,000. The property spans 11,250 square feet, resulting in a price per square foot of $302. The building has a bulk square footage of 18,600, equating to a price per bulk square foot of $183.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,400,000
  • Address: 88-05 76th Avenue
  • Market: Glendale, Queens
  • Buyer: Jerry Atkins - Gold Hat Realty
  • Seller: Solomon Landau
  • BSF: 18,600
  • PPBSF: $183
  • SF: 11,250
  • PPSF: $302

The transaction for the industrial building was facilitated by Jerry Atkins, representing Gold Hat Realty. Solomon Landau was the seller in this deal, marking a notable transaction within the Glendale area.

Players

Jerry Atkins
Gold Hat Realty
Jerry Atkins
8 deals$28.6M volume
BUYER
Gold Hat Realty
Gold Hat Realty
BUYER

Details

SOLD
IMAGE: 08/11/2025 ADDRESS: 88-05 76th Avenue MARKET: Glendale, Queens ASSET TYPE: Industrial BUYER: Jerry Atkins - Gold Hat Realty SELLER: Solomon Landau SALE PRICE: $3,400,000 BSF: 18,600 ~ PPBSF: $183 SF: 11,250 ~ PPSF: $302 NOTE: Gold Hat Realty, led by Jerry Atkins, bought an industrial building at 88-05 76th Avenue in Glendale, Queens, for $3.4 million from Solomon Landau.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$181,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
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