The property asset involved in this transaction is located at 506 East 13th Street in the East Village market. This retail space features an asking rent of $103 per square foot and has a total size of 1,200 square feet, leading to a monthly rent of $10,250. The lease term for this property is established at 10 years, under a modified gross lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,250
• Address: 506 East 13th Street
• Market: East Village
• Tenant: Eloise & Daisy / Sushi W
• Broker: Brandon Efap - Investment Property Realty Group
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Asking Rent: $103/ft
• Square Footage: 1,200

The transaction was effectively managed by Brandon Efap, representing both the tenants and the landlord through Investment Property Realty Group. The deal was completed in one-third of the time allotted for the exclusive, securing optimally priced rents for the parties involved.