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Aaron Barg Acquires Mixed-Use Property From Ralph Della Cava In Lower East Side For $7.75M

Property Image
SOLD
$7,750,000

New York

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Mixed-use12,076 SF
Sold 02/09/2026
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Property Image
SOLD

Aaron Barg Acquires Mixed-Use Property From Ralph Della Cava In Lower East Side For $7.75M

259 East Broadway

See Similar Deals
Mixed-use12,076 SF
Sold 02/09/2026
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$641
Total Square Footage:12,076 SF
Transaction Type:Sale

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.

Players

Logan Markley
70 deals$970.7M volume(212) 430-5194
BROKER

Joseph (Joe) Koicim
Marcus & Millichap
172 deals$2.7B volume(212) 430-5147
BROKER

Matt Berger
Marcus & Millichap
21 deals$391.5M volume
BROKER

Details

SOLD
IMAGE: Matt Berger, Joseph Koicim & Logan Markley DATE: 2/9/2026 ADDRESS: 259 East Broadway MARKET: Lower East Side ASSET TYPE: Mixed-use BUYER: Aaron Barg SELLER: Ralph Della Cava BROKERS: Joseph Koicim (@joey1cap), Logan Markley (@LogantMarkley) & Matt Berger (@MattBerger5) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $7,750,000 SF: 12,076 ~ PPSF: $641 NOTE FROM BROKER: This mixed-use property was 53% free market, with all free-market units renovated to the highest possible standard. This sale shows the consistent demand for high-quality product with established retail tenants. Please reach out to Joe Koicim or Logan Markley directly to discuss buyside opportunities or if you would like a valuation on your property today.

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