531 Franklin Avenue
Bedford Stuyvesant, Brooklyn
Parcel ID (BBL): 3020170008
Owner: Kkr & Co.
Debt: October 20, 2021, $70.2 million
Built: 2017
Renovated: 2015
SF: 164,163
Dwelling units: 182
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 8
Transactions:
• KKR & Co. borrowed $70.2 million from Athene Holding for 1134-1152 Fulton Street, Bedford-Stuyvesant, Brooklyn on October 20, 2021.
• Bruman Realty borrowed $53 million from Arbor Realty Trust for 1134 Fulton Street, Bedford-Stuyvesant, Brooklyn on April 26, 2021.
Development:
• James Glassman filed plans for alteration in Bedford Stuyvesant, Brooklyn, on October 24, 2025.
• James Glassman filed plans for alteration in Bedford Stuyvesant, Brooklyn, on October 24, 2025.
• James Glassman filed plans for alteration in Bedford Stuyvesant, Brooklyn, on September 12, 2025.
• Jake Nestola filed plans for alteration in Bedford Stuyvesant, Brooklyn, on December 07, 2023.
• Jake Nestola filed plans for alteration in Bedford Stuyvesant, Brooklyn, on January 20, 2023.
Violations:
According to city public data, the properties have received $1,600 in ECB penalties, eight housing violations, and $6,700 in OATH penalties in the last year.