The property involved in this transaction is an office asset located at 80 5th Avenue in the Union Square market. The lease encompasses units 1403 and 1404, with an asking rent of $79 per square foot for a total area of 2,000 square feet. The lease type is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $158,000
• Address: 80 5th Avenue, Union Square
• Landlord: Ames Associates
• Tenant: Noho Pilates; Kim Davis (LCSW) & Amy Baker (RCST)
• Landlord's Representatives: Jon Kamali, Jeremy Kamali & Justin Kamali - J3K Real Estate; Matthew Jacoby - Vector New York
• Tenant's Representative: Kierstin Kolle - Streetwise NYC
• Lease Type: Modified Gross Lease

The deal was facilitated by multiple representatives, with J3K Real Estate successfully representing the landlord, Ames Associates. Special acknowledgment was given to Kierstin Kolle for introducing the tenants, Kim Davis and Amy Baker, along with Noho Pilates. J3K Real Estate currently has additional suites available ranging from 1,000 to 8,000 square feet.