---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-106044"
form_type: "8-K"
ticker: "ESRT"
cik: "0001541401"
company_name: "Empire State Realty Trust, Inc."
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:29:06.995005+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# ESRT acquires two Williamsburg Brooklyn properties for $26.4M via 1031 exchange

## Summary
- Aggregate purchase price of $26.4M for 11,000 sq ft at 157-159 Wythe Ave and 77 N 6 St.
- Properties 100% leased as of Sept 30, 2023; 5,600 sq ft retail with 7.7-yr weighted avg lease term.
- Includes six free-market residential units; funded by 1031 exchange proceeds and balance sheet cash.
- Company has now recycled 100% of proceeds from divestiture of suburban office and Westport retail assets.
- CEO cites Williamsburg as one of NYC's most popular retail markets; North 6th St has seen significant absorption.

## SEC filing metadata
- accession: 0001104659-23-106044
- form_type: 8-K
- ticker: ESRT
- cik: 0001541401
- company_name: Empire State Realty Trust, Inc.
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1541401/000110465923106044/0001104659-23-106044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1541401/000110465923106044/tm2327450d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-106044
- JSON: https://secwatch.observer/filing/0001104659-23-106044.json
- Plain text: https://secwatch.observer/filing/0001104659-23-106044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.