The asset involved in the transaction is a retail space located at 120 East 42nd Street in Midtown Manhattan. The lease price is $196 per square foot for a total square footage of 1,344. This arrangement is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $196/ft
• Square Footage: 1,344
• Address: 120 East 42nd Street
• Market: Midtown Manhattan
• Sublandlord: Cipriani - Michael Desiderio
• Subtenant: Olivio Bakery & Coffee
• Landlord's Representative: Barry Goodman - Newmark
• Tenant's Representatives: Kyle Fink & Benny Sternberg - Meridian Capital Group

Key individuals involved in the deal include Barry Goodman from Newmark representing the landlord and the team of Kyle Fink and Benny Sternberg from Meridian Capital Group representing the tenant. The sublandlord is Michael Desiderio from Cipriani, and the subtenant is Olivio Bakery & Coffee.