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1400 Broadway

Burlington Stores Inc Leases 35,237 Sf Expanding To 206,000 Sf At 1400 Broadway
LEASEDOffice

Burlington Stores Inc Leases 35,237 Sf Expanding To 206,000 Sf At 1400 Broadway

1400 Broadway

Building Size

35,237 SF

Asset Type

Office

Closing

Feb 2, 2026

AI

1400 Broadway is an office asset located in Manhattan, comprising a total of 929,405 square feet. Recently, it has been involved in a lease transaction that added 35,237 square feet to Burlington Stores Inc's footprint, bringing its total leased space in the building to 206,000 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1400 Broadway
  • Market: Manhattan
  • Landlord: Anthony E. Malkin - Empire State Realty Trust
  • Tenant: Burlington Stores Inc

This deal highlights the involvement of Anthony E. Malkin, who represents the landlord in the transaction through Empire State Realty Trust. Burlington Stores Inc is the tenant acquiring additional space within the existing office environment at 1400 Broadway.

Players

Anthony E. Malkin

Empire State Realty Trust

Landlord

$913M

vol

13 deals

Landlord
Empire State Realty Trust
Empire State Realty TrustLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93