Mixed-use · New York
130 Mercer Street (Scholastic Building / 555-557 Broadway)
—, New York
Verified
sourcedmodeled1 of 7 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Empire State Realty OP, L.P..
1 recorded holder · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
Tenants & leasing
Tenant roster & leasing
3 tenants of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Single source — Empire State Realty Trust press release · https://investors.esrtreit.com/news/Press-Releases/news-details/2025/Empire-State-Realty-Trust-Announces-Acquisition-of-the-Scholastic-Building/default.aspx · observed 2025
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Empire State Realty OP, L.P.: Single source — investors.esrtreit.com · https://investors.esrtreit.com/news/Press-Releases/news-details/2025/Empire-State-Realty-Trust-Announces-Acquisition-of-the-Scholastic-Building/default.aspx
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.