New York City REIT (NYC) AI Stock Analysis

• Market Cap: $33.40M
• Dividend Yield: N/A
• Average Volume (3M): 5.08K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.90
• Revenue Growth: -6.36%
• EPS Growth: -26.04%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 55
• Industry: REIT - Office
• EPS (TTM): -3.39
• Shares Outstanding: 2,634,078
• 10 Day Avg. Volume: 10,099
• 30 Day Avg. Volume: 5,081
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.05
• Enterprise Value/Market Cap: 13.90
• Enterprise Value/Revenue: 1.90
• Enterprise Value/Gross Profit: 27.72
• Enterprise Value/Ebitda: -0.90
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: $12.50 ▼(-1.42%Downside)

The stock is weighed down by severe financial challenges, including zero revenue, increasing losses, and negative cash flow. While there is positive technical momentum, valuation concerns and financial distress dominate the outlook. Strategic initiatives aim to stabilize the company, but significant risks remain.

New York City REIT Business Overview & Revenue Model

Company Description

New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.

How the Company Makes Money

New York City REIT (NYC) generates revenue primarily through the leasing of its commercial office properties. The company earns rental income from tenants occupying its office spaces in New York City, providing a consistent cash flow. NYC also benefits from long-term lease agreements and periodic rent escalations outlined in these contracts. Additionally, the company may engage in property sales or acquisitions to optimize its portfolio, contributing to its financial performance. Strategic partnerships with real estate brokers and property management firms aid in maximizing occupancy rates and rental income, further enhancing revenue streams.

New York City REIT Financial Statement Overview

Summary

The company faces significant financial distress with zero revenue in the latest period and increasing net losses, reflecting severe operational challenges. The balance sheet shows some strength with positive stockholders' equity, but cash flow issues raise concerns about liquidity and sustainability.

Income Statement

The income statement reveals a concerning trend with declining revenues and increasing net losses. The company has zero revenue for the latest annual period, indicating severe operational challenges. Margins have been consistently negative, with deteriorating EBIT and EBITDA figures, highlighting unsustainable business operations.

Balance Sheet

The balance sheet shows some strengths, such as positive stockholders' equity and no total debt in the most recent report. However, equity has decreased significantly over time, and asset levels have been shrinking, reflecting a weakening financial position. The company needs to manage its liabilities and assets more effectively.

Cash Flow

The cash flow statement underscores the company's cash management issues, with no operating cash flow and consistently negative free cash flow. The inability to generate positive cash flow from operations in recent years raises concerns about liquidity and financial sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	58.40M	61.57M	62.71M	64.00M	70.22M	62.90M
Gross Profit	16.74M	19.63M	21.23M	23.00M	29.30M	23.04M
EBITDA	-105.96M	-102.69M	-60.53M	1.69M	10.72M	9.93M
Net Income	-141.57M	-140.59M	-105.92M	-64.82M	-39.47M	-60.89M
Balance Sheet
Total Assets	499.38M	507.07M	694.17M	790.46M	823.05M	861.85M
Cash, Cash Equivalents and Short-Term Investments	7.08M	9.78M	5.29M	9.21M	11.67M	31.00M
Total Debt	0.00	403.14M	452.42M	448.88M	452.89M	451.39M
Total Liabilities	422.29M	421.48M	469.38M	468.88M	471.92M	480.28M
Stockholders Equity	77.09M	85.59M	224.79M	301.06M	338.99M	377.56M
Cash Flow
Free Cash Flow	-9.69M	-5.29M	-11.46M	-6.04M	-11.29M	-17.33M
Operating Cash Flow	-8.69M	-4.00M	-7.41M	-486.00K	-7.92M	-13.58M
Investing Cash Flow	60.15M	59.86M	71.00K	-5.55M	-3.38M	-3.75M
Financing Cash Flow	-49.73M	-49.73M	4.03M	-6.27M	-275.00K	-970.00K

New York City REIT Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NYC, the sentiment is Positive. The current price of 12.68 is above the 20-day moving average (MA) of 10.19, above the 50-day MA of 10.70, and above the 200-day MA of 9.83, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 64.92 is Neutral, neither overbought nor oversold. The STOCH value of 90.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NYC.

New York City REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	70 Neutral	¥234.96B	14.48	10.62%	29.30%	17.27%	17.55%
CIO	64 Neutral	$218.74M	―	-2.51%	7.38%	-4.92%	-128.59%
ONL	55 Neutral	$121.94M	―	-10.71%	3.54%	-18.92%	-15.81%
PDM	52 Neutral	$905.69M	―	-3.79%	6.87%	-6.23%	18.07%
FSP	51 Neutral	$176.06M	―	-9.96%	2.35%	-18.97%	-14.57%
NYC	47 Neutral	$33.40M	―	-96.16%	―	-6.36%	-26.04%
OPI	45 Neutral	$14.89M	―	-15.03%	19.05%	-11.91%	-80.43%

New York City REIT Corporate Events

New York City REIT Holds Annual Stockholders Meeting

On May 29, 2025, American Strategic Investment Co. held its annual stockholders meeting with a significant turnout, representing approximately 77.43% of eligible shares. During the meeting, stockholders re-elected Elizabeth K. Tuppeny as a Class II director, ratified PricewaterhouseCoopers LLP as the independent accounting firm for 2025, and approved a non-binding resolution on executive compensation.

American Strategic Investment Co. Highlights Q1 2025 Initiatives

On May 9, 2025, American Strategic Investment Co. prepared an investor presentation highlighting its strategic initiatives and financial performance for the first quarter of 2025. The company completed the sale of 9 Times Square in the fourth quarter of 2024 for $63.5 million, strengthening its cash position and reducing leverage. It continues to market the sale of 123 William Street and 196 Orchard Street, aiming to reinvest proceeds into higher-yielding assets beyond Manhattan. The company’s portfolio management strategy includes active leasing and maintaining a conservative debt profile, with no debt maturities in 2025.

American Strategic Investment Co. Reports Q1 Financial Loss

On May 9, 2025, American Strategic Investment Co. held a conference call to discuss its first-quarter financial results, highlighting a decrease in revenue to $12.3 million and a net loss of $8.6 million compared to the previous year. The company is actively marketing properties for sale to reduce debt and diversify into higher-yielding assets, aiming to enhance long-term shareholder value despite challenges such as geopolitical instability and economic uncertainties.

American Strategic Investment Co. Q1 2025 Financial Results

On May 9, 2025, American Strategic Investment Co. announced its financial results for the first quarter ending March 31, 2025. The company reported a revenue of $12.3 million, a decrease from $15.5 million in the same quarter of 2024, primarily due to the sale of 9 Times Square in the prior year. The net loss attributable to common stockholders was $8.6 million, compared to $7.6 million in the first quarter of 2024. Despite these financial challenges, the company saw an increase in portfolio occupancy to 82.0% and remains focused on leasing available space and diversifying its portfolio by acquiring higher-yielding assets. Nicholas Schorsch, Jr. was appointed as the Chief Executive Officer.

New York City REIT to Announce Q1 2025 Results

On April 24, 2025, American Strategic Investment Co. announced that it will release its financial results for the first quarter ended March 31, 2025, on May 9, 2025, before the New York Stock Exchange opens. The company will also host a webcast and conference call on the same day to discuss the results and provide insights into business performance.