Schelton Assoumou
Chief Executive officer
Brooklyn, New York
About Schelton Assoumou
Schelton Assoumou is a real estate developer and investor based in New York City. He is the Chief Executive Officer of Brownstone NYC, a real estate investment and development firm focused on residential and small commercial properties in the New York metro area. He is also the founder and CEO of ASK Capital, a strategic advisory firm that works with startups and small businesses.
Assoumou began his career in finance at J.P. Morgan in 1998. Over nearly a decade, he worked in asset-backed securities, structured finance, distressed debt trading, and leveraged finance. He was involved in the execution of over $20 billion in capital markets transactions, including high-yield bond offerings and leveraged loan syndications. He returned to J.P. Morgan after completing his MBA and served in the firm’s Syndicated & Leveraged Finance Group until 2007.
In 2008, Assoumou transitioned to real estate full-time. Since then, he has managed the repositioning of over 120 distressed properties, totaling over $100 million in value. At Brownstone NYC, he focuses on off-market deals and affordable housing projects, including modular construction and developments serving formerly homeless individuals.
Assoumou holds an MBA from Harvard Business School and dual bachelor’s degrees in Business Administration and Economics from Stony Brook University. He is also active in mentoring and nonprofit work, including support for second chance employment initiatives and affordable housing development. He is fluent in English, French, and Spanish, and has lived and studied in Africa, Europe, and the United States.
Areas of Focus
Career Background
Education
Media
Press
An Interview With Schelton Assoumou - Managing Director At Brownstone NYC - SuperbCrew
Read the full article ›Awards & Recognition
- Academic All-American (Men’s Varsity Tennis) – Issued by Stony Brook University, 1994–1998
- Phi Beta Kappa National Honor Society – Inducted in 1996
- Golden Key National Honor Society – Inducted in 1995
- Robert Toigo Foundation Fellowship – Awarded during MBA studies at Harvard Business School, 2003–2005
Charities & Volunteering
- Brooklyn Tabernacle – Volunteer, 2014–Present
- Abyssinian Development Corporation – Collaborator on housing initiatives
- ASK Second Chance – Founder; nonprofit focused on criminal justice reform and reentry support
- Project Live Mentorship Program (Learning through Industry and Volunteer Educators) – Mentor, 1999–2003
- Stony Brook Wall Street Internship Project – Supporter/Mentor, 1998–2002
Boards & Memberships
- Inroads Alumni and Mentor – Mentor, 1996–Present
- Robert Toigo Foundation – Fellow and Mentor, 2003–Present
Frequently Asked Questions
What does Schelton Assoumou do?
Schelton Assoumou is the Chief Executive Officer of Brownstone NYC, a real estate investment and development firm focused on residential and small commercial properties in the New York metro area. He is also the founder and CEO of ASK Capital, a strategic advisory firm that works with startups and small businesses.
What is Schelton Assoumou known for?
He is known for repositioning over 120 distressed properties totaling more than $100 million in value, and for focusing on off-market deals and affordable housing projects, including modular construction and developments serving formerly homeless individuals. He previously worked nearly a decade in finance at J.P. Morgan, involved in over $20 billion in capital markets transactions.
Where is Schelton Assoumou based?
Schelton Assoumou is based in Brooklyn, New York.
Where did Schelton Assoumou study?
He holds an MBA from Harvard Business School and dual bachelor's degrees in Business Administration and Economics from Stony Brook University.
Who does Schelton Assoumou work for?
Schelton Assoumou works for Brownstone NYC, where he serves as Chief Executive Officer.
Last updated February 20, 2026