NBA star Giannis Antetokounmpo has purchased a two-building multifamily rental complex in Brooklyn’s Prospect Lefferts Gardens neighborhood known as the Lawrence for $25.18 million.
Seth Brown and Richard Ludwig were the sellers. Matthew Peters and Jack Sullivan with Marcus & Millichap brokered the deal.
While the 50-unit complex sold as a package deal, Antetokounmpo purchased the 23,234-square-foot 520 Parkside Avenue for $11.08 million and the 26,902-square-foot 111 Clarkson Avenue for $14.1 million, according to Traded.
The complex offers studios to three-bedrooms, and features amenities such as a landscaped roof deck, a fitness center and a pet spa.
Antetokounmpo, currently with the Milwaukee Bucks, is a nine-time NBA All-Star, two-time Most Valuable Player and holder of numerous NBA records, and is no stranger to big investments. He holds stakes in Major League Baseball’s Milwaukee Brewers and Major League Soccer’s Nashville SC, and launched a venture capital fund called Build Your Legacy Ventures in November 2024 with the intent to focus on investments in sports, entertainment and technology, according to ESPN. One of the fund’s early investments was in Unrivaled, a women’s 3-on-3 basketball league.
In November 2025, Milwaukee business news site BizTimes reported that a Milwaukee apartment building known as the Shorewood had been sold by Three Leaf Partners to an affiliate of Ante, the parent company for the business portfolio of Antetokounmpo’s family, for $11.75 million.
Brown, Ludwig and Antetokounmpo could not be reached for comment.
Imagine complaining about your shitty landlord and it’s fucking Giannis
But it’ll be Thanasis doing the maintenance.
It’d be like living in a sitcom.
“Maintenanssis”
imagining him shamgodding his way down the hall on his way to inspect the facilities
Giannis Aintgonnafixshitto
Mr. Bought Apartments
Mr Bought Condos was right there
Mr. Botched Comment
I bet he would make sure shit got fixed asap though
Can’t wait till we track private jets out of Milwaukee this offseason
Oh man. Can't wait for decoy private jets. WHICH ONE IS GIANNIS ON?!?! The entire time he took a submarine.
He’s going to run on foot like the ole days.
Well, he is Greek
Maybe he'll just pay homage to Pheidippides and run all the way to Brooklyn
Based on the way Milwaukee’s seasons have been ending, I don’t expect him to be able to walk when they’re eliminated.
He's greek when he succeeds, he was nigerian when living there growing up
Just like his rookie season when he played against the Knicks. Got his paycheck, sent all of it to his family back in Greece then didn’t have the money for a cab/subway to the arena and started running on foot.
That family who drove him to the stadium as a rookie is going to drive up to him with the Avengers theme playing as he's walking out of Milwaukee.
Ohtani’s influence is everywhere
Giannis's 4th son's name? δόλωμα
Then he rolled up his sleeve and showed a tattoo of μαλάκα. "I'll let you interpret that how you want."
Taking an underground submarine from Milwaukee right to Indiana would be quite the journey
You think this is going to wait till the offseason?
This shit has already started lmao
GIANNIS IS ON A FLIGHT TO TORONTO
I heard there’s a big reservation at a Greek restaurant👀
Robert Herjavec you are a Buck
The last time we tracked planes, that player went to the MLB's version of the Lakers. Let's not do that again 😭
Just make sure it's the right jet and not just some twitter shitters make up huge lies that capture international media
Track every sushi restaurant reservation in Brooklyn
Brooklyn: “You’re saying there’s a chance?”
Listen I'd love to have Giannis, but let's be real, we aren't winning a championship in the time he has left to be effective, and we have so many fuckin picks we want to be dogshit for a few years and try to build from scratch.
Our franchise is really good about having a bright future, and dumping it away to other teams so we can try to cheese a championship, so it's very on theme, but I don't think it's what Giannis wants.
Conversely, y'all have so many picks and rookies that maybe Giannis isn't the only big thing you can land.
I wouldn't necessarily blame the Nets for taking the OKC Thunder slow and steady approach given how it went the last time Brooklyn pushed all of their chips in to go after a handful of superstars in their prime at the start of the decade...
To be fair, they got 2/3 of those stars for basically nothing and got a ton of trade value out of them. KD alone basically returned 10 FRP, 5 SRP, and MPJ.
Okay, people thought those superstars were still good, but they weren’t in their prime.
Edit: I’m an old moron. I was thinking about when the Nets went for KG, Paul Pierce, Joe Johnson, and Deron Williams…
They just had really shit injury luck mixed with Kyries dumb stance on vaccines
Wasn’t just Kyrie, KD, and Harden when the Nets thought to push all their chips in to trade for superstars thought to be past their prime.
Man I'm old. I didn't even think of Kyrie KD and Harden. First thought I had was KG, Deron and Paul Pierce
Or that other time when they pushed all their chips in to go after a couple superstars past their prime
When they were sleepwalking to a title until two of their top three players got injured at the same time, and would have had a serious shot even with one of them down? Probably worth taking that chance again if the opportunity presents itself.
Yeah, I have a lot more respect for franchises like the Nets and Clippers, who go all in and fail than teams that play it safe and just seem happy to hover around the 10 seed every season (sorry Bulls fans).
That nets team was easily a champion though without the nonsense lol. They were smoking people when all 3 played
Ehh, there's a reason that OKC team is such an anomaly though. Their front office is dang near unmatched. We can see what a nets draft pick looks like. They had like 5 shots this year. Besides that, if not for COVID and terrible injury luck I'm not so sure those guys could've have gone all the way.
To be fair 4 of those 5 draft picks were 20th overall and later. 8th overall was their highest pick last year. So far into this season there is only 2 players available by time Nets got to draft (Queen and Coward) that I would take over Egor. Kalkbrenner too but I don’t think any team pegged him as a lottery pick.
For sure. I also don't wanna minimize guys 20 something games into their career. It's more that I'm surprised they actually drafted that many guys rather than trading any of the picks
Plz no. I love $25 nets tickets
agreed it’s so nice to be casual about going to the nets games. spend $25 for two tickets and shoot over idc how bad they are
This is a hilarious comment coming from a Celtics fan.
Love how other team fanbases are like “thanks but no thanks” to Giannis lmao. Even they know he’s not worth gutting their team and future with the current CBA restrictions and second apron
Nets don’t own their 2027 pick so there’s no incentive to bottom out next year and I don’t expect them to tank long term in a NYC market.
Doesn’t have to be Giannis but I wouldn’t entirely rule out if we made a big move this offseason to pair next to MPJ if he keeps playing like an all-star.
Yeah, no thanks. I love Giannis and if we were about two years further into our current rebuild and he was the same age I would be a lot more interested, but we're pretty far off from being competitive and adding Giannis right now doesn't change that.
I mean if KD’s foot wasn’t on the line, I think yall win that season. Just unfortunate.
No offense but you guys had a hard ceiling with DLo was your best young talent. That iteration was never going to make it.
He also took over properties owned by fmr teammates in Milwaukee. I think he’s just moving more of his portfolio into luxury rental property.
Idk, I think rent prices will rise but long term investment wise I wouldn’t expect this to be sound 10 years from now. The economy is “weird” right now with recession conditions and indicators rising up honestly but no market crash. As soon as the crash happens, places like this will be empty and bleeding property tax.
MPJ playing really good when healthy, him and giannis would be an interesting duo.
Not taking this bait
MPJ > Shai
I don’t see how they get Giannis while keeping MPJ
Bruh stop
No one is scared of MPJ lol
Not true. All of Brooklyn gets scared of MPJ when he sits in front of a mic in a podcast.
That was MPJ burner account for sure
Lakers fans are scared of him.
We don't want him
My main takeaway from this is that Pat “Gentrification Sensation” Connaughton’s efforts to own every single building in the city of Milwaukee have had an influence on Giannis’ investment decisions. Don’t think there is much else to take from it.
maybe haha, It's also a very immigrant investment especially with African parents, as in many countries real estate is seen by many as the best way to park money because it's tangible. I recall when Giannis started with the Buck' he was opening a bunch of bank accounts because he was putting only enough money in to reach the insured limit, and a bucks owner or exec led him to investing
It’s also just sound investing with inflation doing what it’s been doing.
I don’t think luxury property, especially rental property, is really a sound the investment right now. Social trends and technology advancements coupled with inflation reducing the purchasing power of people who would live here is going to be the death of these 2010 developments and redevelopments.
The consumer spending and purchasing power of luxury apartment/condo renters in thr top 10% has not been hurt by inflation
However, the massive amounts of credit being poured into the housing industry, either by speculative investors, construction companies who expect to hot potato the loans to a middleman w/o consumer demands, or airbnb types, has totally decoupled housing values from income just like it did pre-2008.
This is a problem.
greek building owner is as nyc as it gets lol
Does Pat actually own a bunch of buildings in Mke?
Yeah, I don’t know what or how much he actually owns but he was a full on real estate bro for a while, he fucking loves talking about investing in housing. He’s obviously rich but he’s not “real estate tycoon” rich so I’m not sure how far he got but he was definitely heavily involved with it in Milwaukee. And he was real close with Giannis while he was here, I have no doubt they had many conversations about it too.
The things I've read said he owns 500 million of real estate which I think qualifies as tycoon rich.
Definitely has financial backers and is part of a consortium that owns that much. There's no way he's put 500m in real estate.
Context - he's made about 40m gross to this point. And half of that is the last two seasons
I’m sure it would be heavily financed by the bank, but yea you prolly need 100m to get a portfolio that size
The big investment bank,
LehmanAntetokounmpo Brothers.Easy to invest in housing when you have NBA money to buy it all in cash up front lol
You can buy REITs
The Three Leaf Partners referenced in this story in Pat's
I dont know what he owns, but he is a developer of real estate. My brother has been the architect on some of his projects.
This is James Cameron making movies to justify oceanography levels of surprising path to a dream.
He’s building a little post-career empire
Cj mccollum was literally just on Teagues podcast and said he does and him and Pat actually went half and half on some properties. Not just in MKE btw.
His dad already did, Pat just added to that portfolio and gentrified SFH neighborhoods for “luxury apartments”
Yea I live in the area and this is a rapidly gentrifying and developing neighborhood. This is just a smart investment. I guarantee if he was playing in Brooklyn this would not be the neighbhorhood he’d be living in lol
This is just a real estate investment lol.
Nah man giannis is gonna be a live in super in flatbush
J. Brunson (Questionable - knee soreness)
G. Antetokounmpo (OUT - Fixing the air conditioning in apartment 2B)
Giannis "Slumlord" Antetokounmpo
yeah right like a super would choose to fix something instead of doing literally anything else
Let knicks fans cook
it's in Brooklyn, the only thing that would actually tell you he's going to the Knicks is if he got an apartment in Hell's Kitchen or a house in Scarsdale
Giannis moving into DMX's old crib in Bedford
Giannis in Hell’s Kitchen? The gay bros will go crazy for him over there
Seems like exactly the wrong place to play for the Knicks though? Their practice facility is in Terrytown up past Yonkers west of White Plains. The place he bought is like almost an hour and a half away, and it’s even 45 minutes from Madison Square Garden. This just has to be an investment property.
This is dumb, this is like saying well he invested in Nashville SC so he's clearly going to Memphis.
Players invest in real estate all the time...
At the bottom of the article it says he also invested in Milwaukee Real Estate, so this is double meaningless.
Giannis “the rent-extractor” Antetokounmpo
"Late on rent again? You know what that means; post up in the paint, you're taking this charge."
Rentetokounmpo
Exactly
Clearly he's going to play for the Bucks, Nets and Knicks at the same time
The headline makes it sound like he bought it to move his family there and you read the article and it says he bought 50 apartment units lol
Just what every superstar dreams of - a nice rental apartment.
Maybe he's planning on having 50 kids. In before Anthony Edwards jokes.
Imagine Giannis was your landlord
He wouldn't expose himself to social media complaints and lawsuits like that. You just make an LLC and let a third party company handle the tenants.
That analogy would be the equivalent of him playing for the Wizards because Nashville and Memphis are about as far apart as DC and NYC.
I work in finance, not geography bud. /s you're right
Also, this was already known and posted about several days ago. Shameless click/karma farming.
This is the first I’ve seen it to be fully honest
probably because it is so minimally associated with the NBA, this thread is lucky to even stay up.
Exactly
He is not going to live there even if is traded to NYC.
A family member might live there.
Pretty sure Loul Deng has made more money from his Property Investments than he has in the NBA
I am just glad he is investing him money into real estate instead of having 50 diff bank accounts with 250K each like he did his first couple years in the league.
What why did he do that
He knew nothing about banking when he came here.
he knew about the FDIC limit so to protect his money he opened a new acct for every 250K he had.
Our owner who sold his portion to Haslam found out and taught him how to handle his money in a way that makes sense.
FDIC insurance limit is $250,000 per account at banks (if things were to crash and the bank goes under).
Lmao here come the posts
nothing freakier than an NYC landlord that’s for sure. giannis is next leveling his freakometer
"oh Giannis, I am sorry I cannot make the rent this month! What else can I do to pay you?"
Brooklyn fans will be heckling Giannis by asking him to fix the laundry machines or water heaters.
Just because he's further gentrifying NYC doesn't mean he's getting traded to the Knicks
Obviously. He's going to Brooklyn
Gentrification is when a black guy buys real estate
I thought that was white flight.
He aint living in lefferts gardens lol. This is an investment property
Becoming a real estate investor was definitely not on my Giannis 2025 bingo card
Every rich teammate of Pat Connaughton's gets into real estate.
Buying property in NYC is just a smart move in his behalf. Plus it’s closer to Greece than Milwaukee. He probably wants places to live across the country.
Headline next week:
--------------
Giannis Antetokounmpo Stops by Lou Malnati’s in Chicago, Grabs Two Boxes of Deep Dish — Says It’s “Thicker Than My Defensive Rotation” 🍕🏀
Giannis was spotted Tuesday afternoon at Lou Malnati’s on North Wells Street, buying two steaming boxes of deep-dish pizza — one sausage, one spinach and mushroom. Sources say he asked for extra cheese “because Milwaukee deserved better.” The pies were described as gooey, cheesy mountains atop a buttery, flaky crust that “looked like it could bench press a small forward.” Giannis reportedly declared the flavor “a Greek god-level experience,” before driving off with a satisfied smile and two full boxes in the passenger seat.
Thicker than a bowl of trahana
He just like me fr. If i work for the next 366 years without getting taxed or paying any other living expenses, I too will be able to affoed this home.
It’s not even a home, it’s two entire apartment buildings lol
Some people just don’t want to work (for 366 years without food or shelter) anymore
Very old news
Haha I used to live right next to those two
edit: These aren't fancy apartments at all btw
These r pretty nice, the rooftop is awesome during the summer and there’s an interior parking lot
Giannis Landlordokounmpo
By A Greek slumlord in nyc? Doesn’t the city have enough of these
Landlordokounmpo
That's called an investment property
Damn Giannis going to the Clippers. He bought Lawrence Frank
So from reading the article it sounds like Giannis just is buying a shit ton of investment properties
That’s a nice area that’s continuing to develop so this is purely just an investment
old news
Quick let’s all jump to conclusions
goddamn how many kids is he planning on having?
Clearly just investment
Brooklyns team doesn’t look like Gianni’s would fit at all
This has nothing to do with the Nets or the Knicks as trade destinations, and this happened a while ago. Bait.
maybe he wants to spend his off szn in NY
Imagine having Giannis as a landlord
honestly who actually cares about this shit. I don't care what loser nba agent brokered a trade and I realllly dont give a shit about the names of some nobody real estate brokers. The news is relevant, the names of the agents are not.
We need to stop giving these chuds free publicity.
Not sure what the neighbourhood is like, or the age/condition of the building, but $503k/unit or $502/sqft seems like a pretty decent price for NYC.
it's an investment property guys, he didnt buy an entire apartment building to live in it by himself 🤦♂️
Btw, Giannis and Pat Connaughton are business partners doing real estate investments in Milwaukee.
He also does investments in real estate in Greece, so naturally that means he is signing with Olympiacos BC.
Landlordokounmpo
Greek getting too Freaky
Now has a case of Hegonerrhea
First using the elf word, now this?
How the mighty have fallen.
fuck, this means I have to automatically hate Giannis because I automatically hate all landlords
How many brothers does he have?
Buy some mn real estate pls
Welp, he’s signing with the Jets isn’t he?
this is an investment and was reported before. knicks4clicks
I heard it’s because he’s gonna be a drummer in James dolans band
This happened a while ago. Plus it’s an investment property. He’s not living there
Ew
Imagine getting to say that Giannis is your landlord.
So each unit is about 500k.. wonder what the rent will be.
That’s a cool ass neighborhood
Hmm why would someone want to live where there's two international airports within 30 minutes-1 hour depending on traffic?
Brooklyn Nets super team pt 2
Can't wait for Giannis' inevitable villain arc as Slumlord Antetokounmpo
Gannis about to turn into a brooklyn slum lord
Aside from the trade talk, any corporation purchasing family rental buildings as a means to generate profit is a huge red flag.
Knicks might actually win the whole thing this year
Someone has to pick up rent.
….Thansis!
How many brothers is he going to force the Knicks to sign?
This is just engagement bait. This has been floating around for at least a week. Also doesn't mean anything. He does a lot of investment.
“I coulda bought a place in Dumbo before it was Dumbo. For like $2M”
Pretty sure this was already known, it looked like a normal investment property.
It’s all in code. The Lawrence = Lawrence frank. Three Leaf Partners = tree = Aspiration. Wake up sheeple he’s going to the clippers
Just for kicks they should trade him to Portland.
He's a landlord now?
Giannis is gonna make bank on these investments. Good for him.
Well it’s a smart business move if nothing else lol
Put me down for "who cares?".
Is Flatbush about to get gentrified? I lived like 3 blocks from there from 2015-2020, don't remember any buildings with landscaped roof decks, fitness centers and pet spas that's for sure
A man who has made more than half a billion dollars is not living in a new construction condo in deep deep brooklyn an hour's car ride from any sports arena in the city. This is merely some sort of random investment. If we wants to live outside of the center city he could be into 100s of very high income suburbs in new jersey or connecticut or new york.
It’s an investment property unless he’s moving his entire extended family into one giant building
He also just bought a multifamily building in Milwaukee. The dude is just deploying his wealth into cash flowing real estate.
Good real estate investment
This is an investment not for personal use, you absolute morons. Who tf upvoted this
He gone!!! Welcome to New York City lol
We're tracking investment properties now?
Gonna be a tuff commute from Milwaukee
i think this is actually smart move by Giannis, and it says a lot about how seriously he’s thinking long-term. Multifamily in a stable Brooklyn neighborhood isn’t flashy like a tech startup, but it’s consistent cash flow, inflation-resistant, and historically resilient even when markets wobble. Buying it as two assets also gives flexibility down the line (refi, sell one, hold the other).
to me, what stands out is how diversified his portfolio already is, a mix of sports franchises, VC, and now income-producing real estate. That’s basically the blueprint most financial advisors preach, but very few athletes execute this early and this cleanly. If this trend continues, we’re going to see Giannis talked about not just as an all-time great on the court, but as one of the smartest post-career investors in sports.