KKR records fourth group of purchases from Bruman Realty, this for $17M

Kohlberg Kravis Roberts & Co. through the entity KRE Bklyner 1-11 Lexington LLC paid Bruman Realty’s Lex Grand Holdings LLC $17.0 million for 1 Lexington Avenue, 11 Lexington Avenue, 9 Lexington Avenue, 7A Lexington Avenue, 7 Lexington Avenue, and others in Clinton Hill. The deal closed on October 9, 2020, and was recorded on October 29, 2020. The transaction consists of 7 parcels, including the tax class three-family (C0) and containing 21 residential units. The property is 2,857 square feet. The parcel(s) have total development potential of 20,916 square feet.
The sale price per unit is $809,524. The last time the property sold was February 13, 2012, for $6,175,000.

This is the fourth recorded transfer from Bruman Realty to KKR. The prior three totaled $89.8 million and were a total of three buildings.
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 3 residential (or hotel) units on March 30, 2015.

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

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