KKR Acquires Multifamily Property In Clinton Hill, Brooklyn For $46.3M

Located in Clinton Hill, Brooklyn, the multifamily property at 10 Lexington Ave. has been sold in a recent transaction. The property spans a total of 55,197 square feet and was sold for a price of $46,300,000, resulting in a price per square foot of $838. The transaction took place on October 23, 2020.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $46,300,000
• Square Footage: 55,197
• Price Per Square Foot: $838

The buyer in this transaction is KKR, while the seller is Joseph Brunner. The deal was facilitated by the respective representatives of both parties, with Daniel Rudin and Henry Kravis representing the buyer KKR.