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549 Crown Street

Schechter Family Purchases Single Family Residence In Brooklyn From Ann Stephen For $2.3M
SOLDSingle Family Residence

Schechter Family Purchases Single Family Residence In Brooklyn From Ann Stephen For $2.3M

549 Crown Street

$2,300,000

$966/SF

Building Size

2,380 SF

Asset Type

Single Family Residence

Closing

Mar 15, 2026

AI

The property asset involved in this transaction is a single-family residence located at 549 Crown Street in Brooklyn. The property encompasses a total square footage of 2,380 square feet, with a sale price of $2,300,000, resulting in a price per square foot of $966.

Summary of transation details:

  • Property Type: SFR
  • Transaction Amount: $2,300,000
  • Buyer: Schechter Family
  • Seller: Ann Stephen
  • Broker: Margula Roumani - Douglas Elliman
  • Market: Brooklyn

This transaction highlights the key individuals involved, with Margula Roumani representing the seller, Ann Stephen, in the deal. The Schechter Family moves forward as the new owners of the property following this transaction.

Players

Margula Roumani

Douglas Elliman

Broker

$13.9M

vol

7 deals

Broker

Brooklyn Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93