17 Monitor Street

Owner: Watermark Capital Group

Acquired: July 22, 2025, $9 million

Debt: July 22, 2025, $31.2 million

Built: 1906

SF: 48,750

Dwelling units: 0

No. of buildings: 1

Class: Parochial Schools, Yeshivas (W2)

Floors: 5

HPD Ownership Registration Information

Last registered: 2025-06-17 (expires 2026-09-01)

Transactions:

• Watermark Capital Group borrowed $31.2 million from QuadReal Property Group for 17 Monitor Street, 211 Richardson Street, 21 Monitor Street, and 215 Richardson Street, Williamsburg, Brooklyn on July 22, 2025.

• St. Cecilia’s Roman Catholic Church and Roman Catholic Church sold 17 Monitor Street, 211 Richardson Street, 21 Monitor Street, and 215 Richardson Street, Williamsburg, Brooklyn for $9 million to Watermark Capital Group on July 22, 2025.

Development:

• Edward Kolfer filed plans for A3 in Williamsburg, Brooklyn, on July 10, 2002.

• Yoel Werzberger filed plans for alteration in Williamsburg, Brooklyn, on April 30, 2013.

• Yoel Werzberger filed plans for major alteration in Williamsburg, Brooklyn, on April 05, 2016.

• Yoel Werzberger filed plans for A3 in Williamsburg, Brooklyn, on May 31, 2013.

• Yoel Werzberger filed plans for A3 in Williamsburg, Brooklyn, on February 22, 2013.

Violations:

According to city public data, the properties have received two housing violations and $50 in OATH penalties in the last year.

Latest Stories:

• Watermark modifies ground lease with St. Cecilia’s in Williamsburg valued at $9M (July 23, 2025)