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88-19 76th Avenue

Remy Boyg Acquires Industrial Property At 88-19 76th Avenue In Glendale For $3.4M
SOLDIndustrial

Remy Boyg Acquires Industrial Property At 88-19 76th Avenue In Glendale For $3.4M

88-19 76th Avenue

$3,350,000

$257/SF

Building Size

13,000 SF

Asset Type

Industrial

Closing

Mar 26, 2026

AI

The property asset involved in this transaction is an industrial space located at 88-19 76th Avenue in Glendale. The sale occurred for a price of $3,400,000, encompassing a total square footage of 13,000, which translates to a price per square foot of $262.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,400,000
  • Address: 88-19 76th Avenue
  • Market: Glendale
  • Square Footage: 13,000
  • Price Per Square Foot: $262
  • Buyer: Remy Boyg
  • Seller: Albert Hert
  • Broker: Jack Sardar - Tri State Commercial Realty

The key individuals involved in this transaction are Remy Boyg, who acted as the buyer, and Albert Hert, the seller of the property. The broker representing the deal is Jack Sardar from Tri State Commercial Realty, facilitating the transaction between the two parties during this sale.

Players

Jack Sardar

Tri State Commercial Realty

Broker

$57.5M

vol

23 deals

Broker

Glendale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93