Boxing legend Floyd Mayweather‘s run on buying real estate continued on Tuesday, putting pen to paper to purchase a building in Midtown Manhattan along Sixth Avenue that stretches almost a quarter of a block.

The building on the southeast corner of the intersection at 47th Street contains offices, a few jewelry storefronts, and a large billboard.

Mayweather became interested in the property, which he is paying $20million for, due to his past spending at lavish stores along the block, per TMZ.

The property is in an attractive part of New York City, a few minutes east of Broadway and three blocks south of Radio City Music Hall and Rockefeller Center.

‘I used to shop in the diamond exchange as a young adult,’ Mayweather told the outlet. ‘I never thought I would end up owning this important property at the entrance of 47th street.’

‘Through hard work and dedication anything is possible.’

In October, Floyd’s real estate spre

Last month, he bought the Versace Mansion in Miami.

Mayweather’s net worth is valued at $1.5billion, with his real estate investments not only giving him a path to make more money, but to keep his personal brand front and center.

Mayweather has not fought since a 2017 knockout of Conor McGregor, with him considered arguably the best defensive boxer in history.

Now, it is only a question of how many more pieces of real estate Mayweather wants to acquire.

e began, purchasing 60 buildings in New York City worth more than $400million.

Floyd Mayweather—the real estate mogul. You might not associate the American boxer with strategic investment and a well-thought-out investment amid his popular cash-splashing image. But that’s not the case. The American boxer is becoming one of the biggest names in Manhattan’s real estate world, and he took another step towards it when he made a $20 million investment on Christmas Eve.

The TMZ reported that Mayweather, 47, bought a $20 million-worth corner unit on 6th Avenue (and 47th Street) in Manhattan. Why did he buy it? Two reasons. One, the former world champion, used to visit it during his young adulthood days for lavish shopping and has some fond memories attached to it. Second, the unit comes as a whole package, which includes offices, a diamond exchange, and a large billboard. You can expect him to put it to good use and add more balance to his already heavy bank balance.

‘Money’ declared in a statement, “I used to shop in the diamond exchange as a young adult. I never thought I would end up owning this important property at the entrance of 47th Street.”

You might recall this comes after he invested $402 million in a deal in November that helped him secure over 60 buildings in New York, through which he would provide affordable housing to struggling families. “Growing up, I used to dream about owning just one home by myself. When you work hard, you can achieve anything,” he said while securing the deal.

You might recall this comes after he invested $402 million in a deal in November that helped him secure over 60 buildings in New York, through which he would provide affordable housing to struggling families. “Growing up, I used to dream about owning just one home by myself. When you work hard, you can achieve anything,” he said while securing the deal.

Mayweather even recently became a partner with Go Partners and invested $100 million in equity in partnership with them. The reason? To invest in a $3B portfolio. For that, he founded Vada Properties, his new firm focusing on this high-end deal. It seems he is ready to take the real estate world with his acumen and tactics, just like he did in the squared circle before that.

What do you make of this latest investment by Floyd Mayweather on Christmas Eve? Do you think it’s a worthwhile investment? Let us know in the comments below.