That’s Baller: Floyd Mayweather Purchases $402 Million in NYC Apartments, Expanding His Real Estate Empire

Floyd Mayweather’s portfolio of luxury watches, properties, and cars is already impressive, and now he’s adding a 1,000-unit apartment complex in Manhattan to the mix. First reported by The Real Deal, Mayweather’s $402 million purchase secured affordable housing units spread across more than 60 buildings, with a focus on multifamily homes. For the New Jersey native, it’s a full-circle moment.

“This purchase holds deep emotional significance for me and my family,” Mayweather said in a statement.

Raised in a one-bedroom apartment with six relatives in New Brunswick, New Jersey, Mayweather now has the opportunity to create generational wealth for his family while helping families in similar situations. This is how you pay it forward.

In addition to this latest acquisition, Mayweather’s New York portfolio already includes nine skyscrapers, which he purchased in 2022, and he’s involved in the opening of Caesars Palace in Times Square.

According to Sports Bible, Mayweather is the tenth highest-paid athlete in history, having earned $1.48 billion throughout his boxing career. The seller of this deal was Josh Gotlib of Black Spruce Management, a key player in the New York real estate market and a native of Eugene, Oregon.

This is a smart move and a worthy investment as the housing market continues to rise.