Kraus Organization
Owner
Family Office
33-01 Vernon Blvd Long Island City, NY 11106
People:
Kraus Organization NYC portfolio
$426.8 million -elevator 93%, walkup 5%; Brooklyn 58%, Bronx 31%, Manhattan 10%*
513th largest portfolio by dollar value
2,685,712 sqft – elevator 97%, walkup 2%; Brooklyn 50%, Bronx 43%, Manhattan 6%
175th largest by SF
59 properties – Brooklyn 55%, Bronx 37%, Manhattan 6%
150th largest
2,825 residential units – Brooklyn 50%, Bronx 43%, Manhattan 5%
108th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $61.5 million
Top Ten Associated Companies:
JPMorgan Chase (2), Capital One (1), Walker & Dunlop (1), Flagstar Bank (1), Kraus Organization (1)
Top Ten Associated People:
Ursula Flores (2), Nancy E. Sexton (1), Stephen R. Kraus (1)
Recent activity as company:
• Kraus Organization borrowed $12.9 million from JPMorgan Chase for 596 Riverside Drive on December 31, 2024.
• Kraus Organization borrowed $48.6 million from JPMorgan Chase for 409 Hewes Street on June 24, 2024.
• Kraus Organization borrowed $32 million from Flagstar Bank for 1011 Aldus Street on September 27, 2023.
• Kraus Organization borrowed $35.6 million from Walker & Dunlop for 269 South 2 Street on July 25, 2023.
• Kraus Organization sold 269 South 2 Street for $9.5 million to Kraus Organization on July 25, 2023.
• Kraus Organization borrowed $14 million from Capital One for 596 Riverside Drive on December 30, 2019.
Latest Stories:
• Kraus Organization signs $48.6M refi for rentals in Williamsburg (July 01, 2024)
• Kraus Organization signs $32M loan for 11 rentals with 426 units in Longwood (October 18, 2023)
• Kraus Organization obtained financing of $48M from New York Community Bank (July 24, 2019)
Properties: