576 Grand St, Brooklyn, NY 11211

* Corner 3,600 SF brick mixed-use building with a ~1,500 SF basement * The ground floor is currently leased to two restaurants, generating a total of approx. $87,300/yr gross. Vega Restaurant is M-to-M, while Sing Hing lease expires in May 2019 with no renewal option * Second floor hosts two large apartments, both leased M-to-M; together the apartments generate about $54,000/yr gross * The asset carries an additional 3,300 SF of market-rate air rights or up to 5,600 BSF upon purchase of off-site Inclusionary air rights (available from a separate seller) * Located just four (4) blocks from the combined Metropolitan Ave G / Lorimer St L train station * High visibility corner location on one of East Williamsburg's busiest retail corridors; dozens of popular restaurants and bars in the immediate vicinity including Huckleberry Bar, Suzume, Black Flamingo, Okonomi and Modern Love as well as several banks and grocery stores