Headquartered in New York, NY Fiscal year ends December NYSE: ESRT esrtreit.com
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and operates office, retail and multifamily assets in Manhattan and Brooklyn.
Its flagship is the Empire State Building, which also houses the Observatory, a ticketed tourism attraction. LinkedIn is the building's largest tenant.
As of September 30, 2026, the commercial portfolio was approximately 7.3 million rentable square feet, excluding 1359 Broadway, which was sold after quarter-end. Office properties include:
- The Empire State Building
- One Grand Central Place
- 501 Seventh Avenue
- The Broadway Campus: 1400 Broadway, 111 West 33rd Street, 1350 Broadway and 1333 Broadway
- 130 Mercer Street
Retail holdings include the North 6th Street Collection in Williamsburg, 10 Union Square East, 112 West 34th Street and other Manhattan street retail.
The company also owns three multifamily properties with 743 units.
Revenue comes from:
- Rental income: base rent and tenant expense reimbursements
- Observatory ticket sales
- Third-party management fees
Recent portfolio activity:
- Acquisitions: retail on North 6th Street in Williamsburg, 130 Mercer Street in SoHo, and the land beneath 111 West 33rd Street and 1400 Broadway
- Dispositions: Metro Center, 250 West 57th Street and 1359 Broadway
The operating partnership units trade on NYSE Arca under the tickers ESBA, FISK and OGCP. Updated
Monday's top analyst upgrades and downgrades included Apple, Broadcom, Costco Wholesale, C3.ai, Deere, First Solar, Hormel Foods, Kroger, Lowe's Companies, Marvell Technology, Procter & Gamble, Range Resources and Zscaler.
Thursday's top analyst upgrades and downgrades included AbbVie, AutoZone, Boeing, Coupang, First Solar, Fortinet, Goldman Sachs, Johnson & Johnson, Marqeta, Monster Beverage, Rivian Automotive, Spirit AeroSystems, Workday and XP.
Monday’s additional top analyst upgrades and downgrades were on Accolade, Bath & Body Works, CarMax, Empire State Realty Trust, KeyCorp, TAL Education, Weyerhaeuser and more.
Tuesay's top analyst upgrades and downgrades included AngloGold Ashanti, Ares Capital, Bank of America, Beyond Meat, Bluebird Bio, Coinbase Global, ConocoPhillips, Dell Technologies, Empire State Realty Trust, HollyFrontier, MicroVision, Next Era Energy,…
Monday's top analyst upgrades and downgrades included Best Buy, Brinker International, Chevron, Exxon Mobil, Ingersoll Rand, Invesco, Philip Morris International and Rocket Companies.
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and operates office, retail and multifamily assets in Manhattan and Brooklyn. Its flagship is the Empire State Building, which also houses the Observatory, a ticketed tourism attraction.
The Wall Street consensus 12-month price target for ESRT is $5.20.
