KKR pays $30.6M to Bruman Realty for 57-unit rental in Ocean Hill

Kohlberg Kravis Roberts & Co. through the entity Kre Bklyner 75 Ralph LLC paid Bruman Realty’s 75 Ralph Development LLC $30.6 million for 75 Ralph Avenue in Ocean Hill. The deal closed on October 9, 2020, and was recorded on October 22, 2020. The transaction consists of 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 57 residential units. The property is 43,680 square feet.
The sale price per unit is $536,842.

The contract date was July 21, 2020. The signatory for the buyer was Daniel Rudin, director of real estate at KKR. https://www.kkr.com/our-firm/leadership/daniel-rudin
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 57 residential units on April 13, 2016.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 38,240 square feet. Those plans include a total of 57 residential units. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Daniel Rudin