ESRT sells 250 West 57th Street for $275 million

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to ESRT sells 250 West 57th Street for $275 million

Empire State Realty Trust Announces Disposition of 250 West 57th Street and Strengthens Ownership of Broadway Campus Assets

June 2, 2026 6:20 AM EDT

NEW YORK--(BUSINESS WIRE)-- Empire State Realty Trust, Inc. (NYSE: ESRT) (the Company) today announced the completion of the disposition of 250 West 57th Street for $275 million, which included the buyers assumption of $180 million of mortgage debt. The transaction represents a recycling of capital into the Company's December 2025 acquisition of 130 Mercer Street, without recognition of a taxable gain. The sale is consistent with ESRTs strategy to recycle capital into high-quality assets with long-term cash flow growth... More