FWIW, one my most comfortable bikes to ride just touches my crotch. But I spend more time riding it than I do standing over it. I would take the suggestions offered above to correct the brake lever position before giving up on this frame. You may find with tilting the saddle that you still have issues reaching the brakes and now have another issue with sliding forward and thus having to hold yourself more with your palms.
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"It is the unknown around the corner that turns my wheels." -- Heinz Stücke