Aaron Barg Acquires Mixed-Use Property From Ralph Della Cava In Lower East Side For $7.75M
New York
See Similar DealsAaron Barg Acquires Mixed-Use Property From Ralph Della Cava In Lower East Side For $7.75M
259 East Broadway
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This mixed-use property located at 259 East Broadway in the Lower East Side has a sale price of $7,750,000. The asset consists of 12,076 square feet, with a price per square foot of $641. It is 53% free market, and all free-market units have been renovated to a high standard.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,750,000
- Address: 259 East Broadway
- Market: Lower East Side
- Square Footage: 12,076
- Price per Square Foot: $641
- Buyer: Aaron Barg
- Seller: Ralph Della Cava
- Brokers: Joseph Koicim, Logan Markley, Matt Berger - Marcus & Millichap
The brokers involved in this transaction, Joseph Koicim and Logan Markley, alongside Matt Berger, represent Marcus & Millichap. A note from the broker highlights the consistent demand for high-quality properties with established retail tenants and invites potential buyers to reach out for further opportunities or valuations.
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