The property asset involved in this transaction is a retail space located at 217 Main Street in Paterson. The leased area spans 2,000 square feet, with an asking rent of $50 per square foot. This lease is structured as a Modified Gross Lease with a term of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $100,000
• Lease Term: 10 years
• Asking Rent: $50/ft
• Landlord: Michael Hirschorn - Jenel Management
• Tenant: Verizon Wireless
• Broker: Josh Augenbaum - Augenbaum Realty

The key individuals and companies involved in this lease transaction include the landlord, Michael Hirschorn from Jenel Management, and the tenant, Verizon Wireless. The transaction was brokered by Josh Augenbaum from Augenbaum Realty, representing the interests of both the landlord and tenant in this agreement.