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111 Clarkson Avenue

Giannis Antetokounmpo Purchases Multifamily Property At 111 Clarkson Avenue For $14.1M
SOLDMultiFamily

Giannis Antetokounmpo Purchases Multifamily Property At 111 Clarkson Avenue For $14.1M

111 Clarkson Avenue

$14,098,000

$524/SF

Building Size

26,902 SF

Asset Type

MultiFamily

Closing

Nov 18, 2025

AI

Giannis Antetokounmpo acquired a multifamily property at 111 Clarkson Avenue, located in Prospect Lefferts Gardens, Brooklyn. The transaction was completed for $14.1 million, providing a price per square foot of $524 for the 26,902-square-foot asset.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $14,098,000
  • Address: 111 Clarkson Avenue
  • Market: Prospect Lefferts Gardens, Brooklyn
  • Square Footage: 26,902
  • Price Per Square Foot: $524
  • Buyer: Giannis Antetokounmpo
  • Seller: Seth Brown & Richard Ludwig

This transaction involved notable individuals with Giannis Antetokounmpo representing the buyer, while the sellers were Seth Brown and Richard Ludwig, who facilitated the deal's completion.

Players

Giannis Antetokounmpo

Buyer

$46.2M

vol

6 deals

Buyer

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93