Empire State Realty Trust Inc
NYSE:ESRT

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Empire State Realty Trust Inc
NYSE:ESRT
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Price: 10.115 USD 0.45%
Market Cap: 1.7B USD
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Empire State Realty Trust Inc
Other Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Empire State Realty Trust Inc
Other Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Assets CAGR 3Y CAGR 5Y CAGR 10Y
Empire State Realty Trust Inc
NYSE:ESRT
Other Assets
$491.5m
CAGR 3-Years
0%
CAGR 5-Years
0%
CAGR 10-Years
0%
Broadstone Net Lease Inc
NYSE:BNL
Other Assets
$385.9m
CAGR 3-Years
4%
CAGR 5-Years
83%
CAGR 10-Years
N/A
WP Carey Inc
NYSE:WPC
Other Assets
$2B
CAGR 3-Years
3%
CAGR 5-Years
7%
CAGR 10-Years
7%
Essential Properties Realty Trust Inc
NYSE:EPRT
Other Assets
$17.4m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Global Net Lease Inc
NYSE:GNL
Other Assets
$131.2m
CAGR 3-Years
29%
CAGR 5-Years
22%
CAGR 10-Years
21%
DigitalBridge Group Inc
NYSE:DBRG
Other Assets
$475.9m
CAGR 3-Years
-17%
CAGR 5-Years
-21%
CAGR 10-Years
73%
No Stocks Found

Empire State Realty Trust Inc
Glance View

Market Cap
1.7B USD
Industry
Real Estate

Empire State Realty Trust Inc. operates as a real estate investment trust (REIT) with a storied presence in the iconic skyline of New York City. At its core, the company's crown jewel is the Empire State Building, a historic skyscraper renowned not only for its architectural significance but also as a lucrative asset in terms of tourism and office rentals. The building is a dual-purpose marvel, generating substantial revenue through long-term office leasing agreements, housing a mix of traditional tenants and vibrant newer enterprises within its expansive office spaces. Meanwhile, the observatory decks offer breathtaking views of the city and attract millions of visitors annually, adding a significant stream of tourism-related income and commercial licensing opportunities. Beyond the iconic tower, Empire State Realty Trust manages an extensive portfolio of office and retail properties strategically positioned in bustling urban areas. The company's portfolio is primarily concentrated in Manhattan, with an eye on prime locations that are sought after for both business and leisure. By focusing on high-demand real estate markets, Empire State Realty Trust capitalizes on its leasing operations, continually enhancing the value of its properties through thoughtful renovations and sustainable practices, catering to the evolving needs of modern tenants. Its operational strategy rests on retaining and attracting high-quality tenants, maintaining historically significant yet relevant properties, and leveraging the brand equity tied to such a globally recognizable edifice as the Empire State Building.

ESRT Intrinsic Value
11.951 USD
Undervaluation 15%
Intrinsic Value
Price

See Also

What is Empire State Realty Trust Inc's Other Assets?
Other Assets
491.5m USD

Based on the financial report for Sep 30, 2024, Empire State Realty Trust Inc's Other Assets amounts to 491.5m USD.

What is Empire State Realty Trust Inc's Other Assets growth rate?
Other Assets CAGR 10Y
0%

Over the last year, the Other Assets growth was 0%.

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