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30 Glenn Street

Naber Primiano Purchases Office Property From Glenn Street Associates For $3,500,000 In White Plains
SOLDOffice

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

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.

Players

Michael Rackenberg

Houlihan Lawrence Commercial

Broker

$10.3M

vol

3 deals

Broker

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