The property asset involved in this transaction is a retail space located at 1602 Kings Highway in the Midwood market. The sale price for this asset amounts to $12,850,000, with a total square footage of 32,838, resulting in a price per square foot of $391.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,850,000
• Address: 1602 Kings Highway
• Market: Midwood
• Square Footage: 32,838
• Price Per Square Foot: $391
• Buyer: Arthur Vayner
• Brokers: Daniel O'Brien, Maurice Suede, Caroline Hodes - Newmark & Jonathan Lib - Marquis Real Estate

The key individuals involved in the transaction include Arthur Vayner as the buyer, with brokerage representation provided by Daniel O'Brien, Maurice Suede, and Caroline Hodes from Newmark, along with Jonathan Lib from Marquis Real Estate, representing the parties in the deal.