215 Henry Street

Marcus & Millichap is exclusively marketing 215 Henry Street, a vacant lot located between Clinton and Montgomery Streets on the Lower East Side. Currently used as a private parking lot, the site measures 25 by 85 feet and is zoned R7-2/C1-5 with a maximum FAR of 3.44, providing 7,406 square feet of unused development rights and a curb cut. The property is not landmarked and does not fall within a historic district, offering flexibility for future development.

Ideally positioned three blocks from the East Broadway F-train station and just one block from Gouverneur Hospital—the state’s largest freestanding ambulatory care center serving over 50,000 patients annually—the property benefits from strong connectivity and steady foot traffic. It is also located near major neighborhood anchors, including Essex Crossing, a large-scale mixed-use development, and One Manhattan Square, an 815-unit luxury condominium tower. Together, these projects have drawn thousands of new residents and consumers to the area, fueling ongoing growth and demand in this rapidly evolving section of the Lower East Side.