The asset is located at 597 Grand Street in Brooklyn, categorized as retail. The lease was signed for a total area of 10,500 square feet with an asking rent of $40 per square foot. The lease term spans 10 years, structured as a modified gross lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $420,000
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Goose Property Management
• Tenant: Bandspaces
• Landlord's Representative: Victor Safenia & Moshe Akiva - Tri State Commercial Realty
• Tenant's Representative: Chandler Slate & Avi Akiva - Tri State Commercial Realty

Victor Safenia and Moshe Akiva represented Goose Property Management, while Chandler Slate and Avi Akiva represented Bandspaces in the transaction, ensuring that both parties' interests were effectively advocated throughout the leasing process.