The property asset involved in this transaction is a multifamily unit located at 371 Broome Street in the Little Italy neighborhood of Manhattan. The asset has a total square footage of 18,000 and is classified as a multifamily type property. The loan amount secured for its acquisition is $10,804,300.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,804,300
• Address: 371 Broome Street
• Market: Little Italy, Manhattan
• Lender: Prime Finance
• Landlord: Wharton Properties – Joseph Sutton & Cobby Gorjian
• Broker: Daniel Fromm - Newmark

The deal includes significant participants such as Joseph Sutton and Cobby Gorjian representing Wharton Properties as landlords. The brokerage services were provided by Daniel Fromm of Newmark, who facilitated the acquisition process with Prime Finance acting as the lender for the transaction.