
NYC — New 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
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.
| Line | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| 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
- Sector
- Real Estate
- Industry
- Real Estate Services