The asset involved in this transaction is a retail space located at 225-227 West 23rd Street in Chelsea, Manhattan. The premises spans 1,000 square feet and has an asking rent of $170 per square foot. The lease term negotiated is 10 years under a modified gross lease. The property is managed by Akelius Property Management.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $170/ft
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Josh Syska - Akelius Property Management
• Tenant: 225 Cafe O
• Brokers: Ben Biberaj - IPRG Retail Leasing
• Brokers: Desi Avidane - Investment Property Realty Group

Key individuals involved in this transaction include landlord Josh Syska, representing Akelius Property Management, and tenant 225 Cafe O. The deal was facilitated by brokers Ben Biberaj from IPRG Retail Leasing and Desi Avidane from Investment Property Realty Group, playing a crucial role in the negotiation process.