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Giannis Antetokounmpo Is Building A Brooklyn Footprint Off The Court

by Matthew Foster
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Giannis Antetokounmpo just made one of his most notable off-court moves yet, and it didn’t come in the form of a sneaker deal or a splashy equity headline.

The Milwaukee Bucks star has purchased a two-building multifamily rental complex in Brooklyn’s Prospect Lefferts Gardens known as The Lawrence for $25.18 million, according to multiple reports.

The purchase covers 520 Parkside Avenue and 111 Clarkson Avenue, and the property is described as a 50-unit package with apartments ranging from studios to three-bedrooms, plus amenities that include a landscaped roof deck, fitness center, and pet spa.

The transaction broke down as $11.08 million for 520 Parkside Avenue and $14.1 million for 111 Clarkson Avenue.

While Antetokounmpo has largely kept this purchase out of the spotlight, it fits a pattern that has become clearer over the last two years: he’s expanding his portfolio with the same intentionality he applies to his career. In 2024, when he announced the launch of Build Your Legacy Ventures, Antetokounmpo framed his investing posture in plain terms:

“This fund is not just about capital; it’s about forging partnerships and opening my network to accelerate the growth trajectory for companies,” he said, adding, “I want to help other entrepreneurs, especially those who have faced barriers, to grow and succeed.”

No one is claiming a Brooklyn apartment acquisition changes anything about his basketball future. But the purchase does underline something tangible: Antetokounmpo is increasingly operating like a modern superstar who sees his prime as an entry point, not an endpoint, stacking long-term assets and business infrastructure while he’s still one of the league’s defining forces on the floor.

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