*Floyd Mayweather gifted his three-year-old grandchild a building in New York’s Diamond District for Christmas.
“I got you a gift. Guess what I bought you?” Mayweather said in a viral video to his grandson, Kentrell DeSean Gaulden Jr. The child’s mother is Floyd’s daughter Iyanna Mayweather, who shares the boy with rapper YoungBoy Never Broke Again.
“You the first kid that own a building in the Diamond District in New York City,” Mayweather added. “We bought you a building. Papa bought you a building,” he adds, as a woman cheers in the background.
The video comes amid reports that Mayweather is expanding his real estate holdings with a significant purchase in New York City. According to TMZ, the infamous boxing champ is acquiring a building on 6th Avenue and 47th Street for over $20 million. The property, located at 1196 6th Ave., includes offices, a diamond exchange, and a profitable billboard.
“I used to shop in the diamond exchange as a young adult,” Mayweather said in a statement. “I never thought I would end up owning this important property at the entrance of 47th street.”
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Floyd Mayweather gifts NBA Youngboy’s son a million-dollar real estate property in the Diamond District in New York for Christmas ???
pic.twitter.com/gfc3yoc026— Daily Loud (@DailyLoud) December 26, 2024
“Through hard work and dedication anything is possible,” he added.
Back in October, Floyd purchased more than 60 buildings in NYC in a $402 million deal for a collection of over 1,000 units spread across more than 60 buildings, primarily located in Upper Manhattan, Hollywood Unlocked reports. As we reported earlier, the seller of this portfolio is Black Spruce Management, and some of the properties within its portfolio benefit from Article XI, which provides tax exemptions for developments that meet certain affordable housing criteria.
READ MORE FROM EURWEB.COM: Floyd Mayweather Acquires NYC Property for Over $20 Million
