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NYCNew York City REIT Inc

NYSE · Real Estate · Real Estate Services

$6.16

-$0.08 (-1.28%)

New York City REIT Inc (NYC) is a real estate services company listed on NYSE. It is led by Nicholas S. Schorsch Jr., based in 222 Bellevue Avenue, Newport, RI, United States, 02840. American Strategic Investment Co. is an externally managed company that currently owns a portfolio of commercial real estate located within the five boroughs of New York City, primarily Manhattan. The Company's real estate assets consist of office properties and certain real estate assets that accompany office properties, including retail spaces and amenities. As of September 30, 2025, the Company owned six properties consisting of 0.7 million rentable square feet, which excludes one property, 1140 Avenue of Americas, which is in a consensual foreclosure process. Substantially all the Company's business is conducted through the OP and its wholly owned subsidiaries. The Company's advisor, New York City Advisors, LLC, manages the Company's day-to-day business with the assistance of the Company's property manager, New York City Properties, LLC. The Advisor and Property Manager are under common control with AR Global Investments, LLC and these related parties receive compensation and fees for providing services to the Company. The Company also reimburses these entities for certain expenses they incur in providing these services. American Strategic Investment Co. was incorporated in 2013 in Maryland, USA.

Net income was -$14.5M. NYC currently screens at market cap $23.1M.

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About New York City REIT Inc

American Strategic Investment Co. is an externally managed company that currently owns a portfolio of commercial real estate located within the five boroughs of New York City, primarily Manhattan. The Company's real estate assets consist of office properties and certain real estate assets that accompany office properties, including retail spaces and amenities. As of September 30, 2025, the Company owned six properties consisting of 0.7 million rentable square feet, which excludes one property, 1140 Avenue of Americas, which is in a consensual foreclosure process. Substantially all the Company's business is conducted through the OP and its wholly owned subsidiaries. The Company's advisor, New York City Advisors, LLC, manages the Company's day-to-day business with the assistance of the Company's property manager, New York City Properties, LLC. The Advisor and Property Manager are under common control with AR Global Investments, LLC and these related parties receive compensation and fees for providing services to the Company. The Company also reimburses these entities for certain expenses they incur in providing these services. American Strategic Investment Co. was incorporated in 2013 in Maryland, USA.

NYC Key Statistics

Market Cap

$23.07M

Volume

8,020

Previous Close

$6.46

Day Range

$6.25$6.57

0

P/B Ratio

0.40

EPS

-$56.51

Revenue

$0.00

Net Income

-$140.59M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

-100.0%

NYC Financials

Annual income statement in USD. Latest reported periods first.

NYC annual income statement across FY2024, FY2023, FY2022
LineFY2024FY2023FY2022
Revenue$0.00$700.00K$16.20M
Cost of Revenue$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00
Net Income-$140.59M-$105.92M-$45.90M
EPS (Diluted)-$56.51-$47.57-$5.48

Total Assets

$507.07M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$9.78M

Operating Cash Flow

-$4.00M

Free Cash Flow

$0.00

New York City REIT Inc Company Information

Chief Executive Officer
Nicholas S. Schorsch Jr.
Headquarters
222 Bellevue Avenue, Newport, RI, United States, 02840
Phone
212 415 6500
IPO / Founded
2020-08-18
Industry
Real Estate Services
Data Updated:

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