291 Grand Street. Location Highlights. Prime Retail and Commercial Space for Lease in Manhattan s Lower East Side

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1 Prime Retail and Commercial Space for Lease in Manhattan s Lower East Side 291 Grand Street N e w y o r k, n e w y o r k Location Highlights exceptional location on the corner of Grand and Eldridge Streets. Super high visibility location with 110+ feet of linear street frontage. Histroic Lower East Side business district. Easily accesible via Bus, Subway, FDR Drive, and the Manhattan Bridge. For more information, please contact owner: Optimum Properties Ness Cohen (718) Abraham J. Esses (646) Abe@OptimumProperties.com

2 Prime Retail & Commercial Space for Lease 291 Grand Street, corner of Eldridge New York, New York Location Details Location: Corner of Grand & Eldridge Streets in Manhattan s historic Lower East Side Street Address: 291 Grand Street, New York, NY Zoning: C6-2G Commercial Use: Retail & Commercial Total Space: Over 13,800 +/- SF Frontage: Wraparound with over 110 total feet and 36+ feet on Grand Street Subdivisions: Ceiling Height: Ground Fl 2,700 +/- SF plus Basement 3,000 +/- SF 2 nd Fl 2,700 +/- SF 3 rd Fl 2,700 +/- SF 4 th Fl 2,700 +/- SF Ground Fl 14+/- ft Site Summary Utilities: Major Roadways: Mass Transit: All available, including New York City water and sewer; Con Edison gas and electric; high speed Internet, phone and cable. FDR Drive - Grand Street Exit Manhattan Bridge Delancey Street Williamsburg Bridge Holland Tunnel Canal Street B & D Subway lines with a stop at Grand Street (less than 500ft) F Subway line with a stop at Delancy Street (Appox feet) J, M, Z Subway lines with a stop at Essex Street (Appox feet) 4, 6, N, Q Subway lines with a stop at Canal St (Appox feet) M15 bus to South Ferry via Second Ave (Appox. 300 feet) M9 bus to Flatiron and City Hall (Appox feet) M14A crosstown bus (Appox feet) M22 bus to Battery Park City (Appox feet) For more information, please contact Owner: Optimum Properties Ness Cohen (718) Abraham J. Esses (646) Abe@OptimumProperties.com Situated in the heart of one of Brooklyn s busiest retail centers.

3 36 ft Basement Not to scale Floor Plan - First Floor Elevator Approx 2,700 SF 75 ft GranD St Eldridge St For more Information, Please contact Owner: Ness Cohen (718) Abraham J. Esses (646) Abe@optimumproperties.com

4 38.5 ft Ground Floor Not to scale Floor Plan - Basement Elevator Approx 3,022 SF GranD St 78.5 ft Eldridge St For more Information, Please contact Owner: Ness Cohen (718) Abraham J. Esses (646) Abe@optimumproperties.com

5 Not to scale 36 ft Floor Plan - Second Floor Elevator Approx 2,700 SF 75 ft GranD St Eldridge St For more Information, Please contact Owner: Ness Cohen (718) Abraham J. Esses (646) Abe@optimumproperties.com

6 Not to scale 36 ft Floor Plan - Third Floor Elevator Approx 2,700 SF 75 ft GranD St Eldridge St For more Information, Please contact Owner: Ness Cohen (718) Abraham J. Esses (646) Abe@optimumproperties.com

7 Not to scale 36 ft Floor Plan - Fourth Floor Roof Access Elevator Approx 2,700 SF 75 ft GranD St Eldridge St For more Information, Please contact Owner: Ness Cohen (718) Abraham J. Esses (646) Abe@optimumproperties.com

8 Prime Retail & Commercial Space for Lease 291 Grand Street, corner of Eldridge New York, New York View from the north side, showing Roosevelt Park to the right. Aerial Views From the east side, the high traffic rate of the area is apparent. For more information, please contact Owner: Optimum Properties Ness Cohen (718) Abraham J. Esses (646)

9 Prime Retail & Commercial Space for Lease 291 Grand Street, corner of Eldridge New York, New York Neighboring Businesses Street 291 Grand Notable Area Businesses Marc Straus Art Gallery Bank of America Zarin Fabrics & Home HSBC Bank International Electric Hong Kong Furniture Capital One Chase Bank

10 Prime Retail & Commercial Space for Lease 291 Grand Street, corner of Eldridge New York, New York Neighborhood Summary Lower East Side Business District The bustling Lower East Side/Chinatown section of Manhattan is well-known for its cluster of green groceries, discount fashion outlets and textile companies. Besides the more than 200 Chinese restaurants in the area for employment, there are still some factories. The proximity of the fashion industry has kept a substantial amount of garment work in the local area though most of the garment industry has moved to China. The local garment industry now concentrates on quick production in small volumes and piece-work. Demographics Much of the population growth is due to immigration. Unlike most other urban Chinatowns, Manhattan's Chinatown is both a residential area as well as commercial area. Population estimates of the district go as high as 350,000 residents. According to the 2010 U.S. Census, the population in the local area continues to increase at a healthy pace. Architecture Architectural features that mark the neighborhood include the Kam Lau memorial archway, which was erected at Chatham Square in 1962 in memorial of the Chinese-Americans who died in World War II. A statue of Lin Xezu, a Fuzhou-based Chinese official who opposed the opium trade is also located at the square. In the 1980s, banks which opened new branches and others which were renovating started to use Chinese traditional styles for their building facades. Land Use Chinatown is located in Manhattan Community District Number Three, a mixed district, with a total land area of 1,077.1 acres, or 1.7 square miles. Land use in Manhattan Community District Number Three, is comprised predominantly of multi-family residential buildings at approximatley 35%, mixed residential and commercial buildings at 22%, open space/recreation at 16%, institutions at 11%, vacant land at 6%, commercial/office at 5% and transportation utility at 4%. The immediate neighborhood is characterized by four and five-story mixed use and commercial loft buildings. Accessibility The Chinatown area is serviced by many subway lines. The Number 6 line runs along Lafayette Street. The N, R, Q, and W lines run along Broadway, and the B and D subway lines are nearby with a stop at Grand Street, which is very close to the subject property. Buses also serve the area along Broadway and the Avenue of the Americas, and there is a cross-town bus on Canal Street. For more information, please contact Owner: Optimum Properties Ness Cohen (718) Abraham J. Esses (646) Abe@OptimumProperties.com