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
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