Naber Primiano Purchases Office Property From Glenn Street Associates For $3,500,000 In White Plains
30 Glenn Street
$3,500,000
$74/SF
Building Size
47,325 SF
Asset Type
Office
Closing
Aug 5, 2026
About this deal
AI
The asset involved in this transaction is an office property located at 30 Glenn Street in White Plains. The sale price was $3,500,000, and the property encompasses a total area of 54,782 square feet, resulting in a price per square foot of $64.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,500,000
- Address: 30 Glenn Street
- Market: White Plains
- Square Footage: 54,782
- Price Per Square Foot: $64
- Buyer: Naber Primiano
- Seller: Glenn Street Associates
- Seller's Representative: Michael Rackenberg - Houlihan Lawrence Commercial
This transaction was facilitated by Michael Rackenberg, who represented the seller, Glenn Street Associates, in the deal. The buyer of the property is Naber Primiano, marking a significant acquisition in the White Plains office market.
On the Map
$3,500,000
$74/SF
Office
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White Plains Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93