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The latest announcement is out from New York City REIT ( (NYC) ).
On November 19, 2025, American Strategic Investment Co. announced its financial results for the third quarter ending September 30, 2025. The company reported a revenue of $12.3 million, a decrease from the previous year, primarily due to the sale of 9 Times Square. However, it achieved a net income of $35.8 million, attributed to a non-cash gain from the disposition of 1140 Avenue of the Americas. The company also highlighted a consensual foreclosure agreement for 1140 Avenue of the Americas, expected to close in the fourth quarter, which would eliminate a $99 million liability. Despite challenges such as geopolitical instability and inflationary pressures, ASIC’s strategic moves, including lease renewals and cost management, are aimed at enhancing shareholder value.
The most recent analyst rating on (NYC) stock is a Sell with a $7.50 price target. To see the full list of analyst forecasts on New York City REIT stock, see the NYC Stock Forecast page.
Spark’s Take on NYC Stock
According to Spark, TipRanks’ AI Analyst, NYC is a Underperform.
The overall stock score is heavily influenced by the company’s poor financial performance, with significant operational and liquidity challenges. Technical indicators suggest bearish momentum, and valuation metrics are unattractive due to ongoing losses. While strategic efforts were noted in the earnings call, they are insufficient to offset the broader financial and operational issues.
To see Spark’s full report on NYC stock, click here.
More about New York City REIT
American Strategic Investment Co. (ASIC) is a company that owns a portfolio of commercial real estate located within the five boroughs of New York City. The company’s portfolio includes properties leased to tenants across various sectors such as financial services, government, retail, and non-profit organizations.
Average Trading Volume: 4,677
Technical Sentiment Signal: Sell
Current Market Cap: $20.77M
For an in-depth examination of NYC stock, go to TipRanks’ Overview page.