The property asset involved in the transaction is a retail space located at 166 8th Avenue in Chelsea, Manhattan. The asking rent for this space is $120 per square foot with a total area of 2,500 square feet. The lease term agreed upon is ten years, structured as a modified gross lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $120/ft
• Address: 166 8th Avenue
• Market: Chelsea, Manhattan
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Jay Schwimmer
• Tenant: Bar Soleil
• Landlord's Representative: Alan Napack
• Tenant's Representatives: Elie Cohen - Leviathan Leasing, Yaron Cohen, Daniel Cohen - Leviathan Capital

In this transaction, Jay Schwimmer serves as the landlord while Bar Soleil is the tenant. Alan Napack represents the landlord in this lease agreement, whereas the tenant is represented by Elie Cohen from Leviathan Leasing, along with Yaron Cohen and Daniel Cohen from Leviathan Capital.