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Giannis Antetokounmpo Bought a $14.1 Million Brooklyn Apartment Building in November

Property records show the rent-regulated building closed Nov. 18 as an investment.

Overview

  • The Original Lawrence 111 LLC acquired 111 Clarkson Ave. from developers Seth Brown and Richard Ludwig, with the contract signed in October and the deed recorded this week.
  • The eight-story, 28-unit property in Prospect Lefferts Gardens was built in 2018 and benefits from a 421-a tax abatement.
  • A viral X post implied the purchase was new, but its own screenshot listed the Nov. 18 closing date, fueling speculation that misread the timing.
  • Reports have noted Antetokounmpo’s openness to a trade and a preference for the Knicks, yet no agreement has been reached.
  • He also recently bought an $11.4 million apartment building in the Milwaukee area, reflecting ongoing real-estate investments.