Steinberg & Pokoik Lease Office Space To MRG At 1430 Broadway In Manhattan

The property asset involved in this lease transaction is situated at 1430 Broadway, in the Manhattan market. The asset type is office space with a square footage of 10,000. The asking rent for this property is set at $50 per square foot, and it operates under a modified gross lease agreement.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $500,000
• Address: 1430 Broadway
• Market: Manhattan
• Landlord: Steinberg & Pokoik
• Tenant: MRG
• Landlord's Representative: Moshe Akiva & Avi Akiva - Momentum Realty Group
• Tenant's Representative: Raymond Balassiano, Daniel Lolai & Wayne Siegel - LSL Advisors

This deal involved key representatives from both parties, with Moshe Akiva and Avi Akiva representing the landlord, Steinberg & Pokoik, and the tenant, MRG, being represented by Raymond Balassiano, Daniel Lolai, and Wayne Siegel of LSL Advisors. This collaboration highlights the expertise of both agencies in facilitating the transaction.