203 North 11th Street is a prime development site located in the heart of Williamsburg, Brooklyn, offering a substantial 100x100 lot with a maximum Floor Area Ratio (FAR) of 3.6, allowing for approximately 36,000 square feet of buildable space. The property is zoned M1-2/R6A/MX-8, making it suitable for a variety of development options, including hotel, condo, or mixed-use projects. Its strategic location between Driggs Avenue and Roebling Street places it just a stone's throw from McCarren Park, providing potential for stunning views of both Manhattan and Brooklyn.
The site is conveniently situated just blocks from the Bedford L and Nassau G subway lines, enhancing accessibility to the Williamsburg Waterfront and surrounding neighborhoods. This area has seen a significant transformation, becoming a bustling hub for food, tourism, and shopping, with major retailers such as Apple, Equinox, and Starbucks establishing a presence nearby. The ongoing development in the vicinity, including high-profile projects like The William Vale and Wythe Hotel, further underscores the area's appeal and growth potential.
203 North 11th Street is not just a property; it represents a unique opportunity in a market where land is increasingly scarce. The potential for collaboration with the adjoining property at 232-236 N 12th Street could yield a combined total of approximately 60,000 square feet of buildable space, making this an attractive proposition for developers looking to capitalize on the area's rapid evolution. With a vibrant community and a wealth of amenities, this site is poised to be at the forefront of Williamsburg's continued development.