Start salivating over syrup and pancakes – IHOP is cooking up a deal to flip into Times Square.

The Post has learned that the California-based, 1,319-location, easy-eating chain once known as the International House of Pancakes is in heated talks with Vornado Realty Trust for the former Bar Code arcade at 1540 Broadway.

The 23,000-square-foot, triple-stacked space has an entrance on Broadway and two levels of dining. IHOP’s “Come Hungry, Leave Happy” menu would be expected to appeal to tourists, office workers, theatergoers and nightclubbers.

“We’re constantly looking for new locations,” said IHOP spokesman Patrick Lenow.