7 New Montrose Avenue

Owner: Twin Group Associates

Acquired: July 20, 2022, $1.6 million

Debt: April 29, 2025, $6.4 million

Built: 2024

SF: 13,920

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 1 to 6 stories (O5)

Floors: 6

Transactions:

• Twin Group Associates borrowed $6.4 million from Grasshopper Bank for 5 New Montrose Avenue, Williamsburg, Brooklyn on April 29, 2025.

• Solomon Schwimmer borrowed $5.1 million from Bank of Princeton for 5 New Montrose Avenue, Williamsburg, Brooklyn on August 10, 2023.

• Mordechai Halberstam sold 5 New Montrose Avenue, Williamsburg, Brooklyn for $1.6 million to company on July 20, 2022.

Development:

• Solomon Shwimmer filed plans for SC in Williamsburg, Brooklyn, on September 10, 2025.

• Steven Weiss filed plans for alteration in Williamsburg, Brooklyn, on September 19, 2023.

• Solomon Schwimmer filed plans for new building for 13,766 sqft in Williamsburg, Brooklyn, on October 27, 2022.

• Menachem Herman filed plans for alteration in Williamsburg, Brooklyn, on March 14, 2018.

• Moshe Neiman filed plans for alteration in Williamsburg, Brooklyn, on June 18, 2018.