Empire State Realty Trust acquires Brooklyn retail property for $46 million

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Empire State Realty Trust Announces Acquisition and Financing Transactions Within Its NYC Retail Portfolio

April 6, 2026 4:05 PM EDT

NEW YORK--(BUSINESS WIRE)-- Empire State Realty Trust, Inc. (NYSE: ESRT) (the Company) acquired a newly constructed, prime retail asset located at 41-55 North 6th Street in Williamsburg, Brooklyn for $46 million at the end of the first quarter. The approximately 22,000 square foot property, currently vacant, is located between Kent and Wythe Avenues and in close proximity to the Companys existing 102,000 square foot portfolio of prime retail assets along North 6th Street.

This acquisition, together with the Companys purchase of 86-90 North 6th Street in mid-2025, completed the redeployment of investment capacity from... More