Noah Fox And Andrew Leeds Acquire Retail Asset From Joshua Anderson For $2.5 Million In White Plains
10660 Stanhaven Place
$2,500,000
$714/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
Jul 24, 2025
AI
The property asset involved in this transaction is a retail space located at 10660 Stanhaven Place in the White Plains market. The sale concluded at a price of $2,500,000, covering an area of 3,500 square feet, which translates to a price per square foot of $714.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,500,000
- Buyer: Noah Fox & Andrew Leeds
- Seller: Joshua Anderson
- Buyer's Representative: Noah Fox - Vertical Real Estate
- Seller's Representative: Alex Sharrin - JLL
This transaction was facilitated by Noah Fox, who serves as the Principal Agent for Vertical Real Estate, a commercial real estate brokerage based in Miami. Alex Sharrin represented the seller under JLL. The asset is currently leased to a nationally recognized, investment-grade tenant under a long-term, absolute triple net lease, showcasing a strategic investment opportunity.
Players
White Plains Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93