New York City REIT (NYC) AI Stock Analysis

• Market Cap: $26.30M
• Dividend Yield: N/A
• Average Volume (3M): 5.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: -11.84%
• EPS Growth: 52.84%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): -16.39
• Shares Outstanding: 2,629,703
• 10 Day Avg. Volume: 11,641
• 30 Day Avg. Volume: 5,488
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 16.13
• Enterprise Value/Revenue: 7.71
• Enterprise Value/Gross Profit: 125.16
• Enterprise Value/Ebitda: -17.66
• 1Y Price Target: $10.50
• Price Target Upside: 5.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: $10.50 ▲(5.00% Upside)

The overall stock score reflects severe financial distress, with significant operational challenges and a negative valuation outlook. Technical indicators and corporate events further contribute to a cautious outlook, with the potential NYSE delisting being a critical risk factor.

New York City REIT Business Overview & Revenue Model

Company Description

American Strategic Investment Co. is a publicly traded real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, particularly Manhattan. Its portfolio is diversified across eight office and retail condominium assets. The firm's top tenants feature a balance of large investment grade rated corporate tenants and government agencies. The company was founded on December 19, 2013 and is headquartered in Newport, RI.

How the Company Makes Money

New York City REIT generates revenue primarily through leasing its properties to tenants, which provides a steady stream of rental income. The company also earns money through property appreciation as the value of its real estate holdings increases over time. Additionally, NYC may engage in property sales, allowing it to realize capital gains on its investments. Key revenue streams include long-term leases with corporate tenants and retail businesses, as well as potential revenue from ancillary services related to property management. The company may also benefit from partnerships with local businesses and real estate developers to enhance its property offerings and maximize revenue opportunities.

New York City REIT Financial Statement Overview

Summary

New York City REIT is facing significant financial distress. The absence of revenue, increasing losses, and cash flow issues indicate operational and financial challenges. The company must urgently address these issues to stabilize its financial health and improve its long-term viability.

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	55.01M	61.57M	62.71M	64.00M	70.22M	62.90M
Gross Profit	3.39M	19.63M	21.23M	23.00M	29.30M	23.04M
EBITDA	-24.02M	-102.69M	-60.53M	1.71M	3.45M	8.61M
Net Income	-91.38M	-140.59M	-105.92M	-45.90M	-39.47M	-40.96M
Balance Sheet
Total Assets	463.99M	507.07M	694.17M	790.46M	823.05M	861.85M
Cash, Cash Equivalents and Short-Term Investments	5.31M	9.78M	5.29M	10.82M	11.67M	31.00M
Total Debt	403.60M	403.14M	452.42M	451.88M	457.11M	465.40M
Total Liabilities	428.48M	421.48M	469.38M	468.88M	471.92M	480.28M
Stockholders Equity	35.52M	85.59M	224.79M	301.06M	338.99M	377.56M
Cash Flow
Free Cash Flow	-11.56M	-5.29M	-11.46M	-6.04M	-11.29M	-17.33M
Operating Cash Flow	-10.28M	-4.00M	-7.41M	-486.00K	-7.92M	-13.58M
Investing Cash Flow	59.87M	59.86M	71.00K	-5.55M	-3.38M	-3.75M
Financing Cash Flow	-49.88M	-49.73M	4.03M	-6.27M	-275.00K	-970.00K

New York City REIT Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 10.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NYC, the sentiment is Neutral. The current price of 10 is above the 20-day moving average (MA) of 9.96, below the 50-day MA of 11.62, and below the 200-day MA of 10.89, indicating a neutral trend. The MACD of -0.48 indicates Negative momentum. The RSI at 44.76 is Neutral, neither overbought nor oversold. The STOCH value of 62.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NYC.

New York City REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIO	65 Neutral	280.53M	-2.19	-19.58%	5.76%	-3.69%	-777.30%
PDM	57 Neutral	1.09B	-15.92	-4.42%	5.70%	-6.74%	17.44%
ONL	56 Neutral	154.87M	-1.99	-13.48%	8.73%	-15.14%	16.61%
FSP	49 Neutral	169.02M	-3.16	-8.56%	2.45%	-18.12%	24.44%
OPI	48 Neutral	30.65M	-0.08	-27.60%	9.64%	-11.93%	-1877.17%
NYC	41 Neutral	$26.30M	―	-112.61%	―	-11.84%	52.84%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

New York City REIT Corporate Events

New York City REIT Faces NYSE Delisting Notice

On August 26, 2025, American Strategic Investment Co. received a notice from the New York Stock Exchange indicating non-compliance with listing standards due to its market capitalization and stockholders’ equity falling below the required $50 million threshold. The company must submit a business plan within 45 days to demonstrate compliance within 18 months, or face potential delisting. The notice does not immediately affect the trading of the company’s stock or its business operations.

American Strategic Investment Co. Highlights Q2 2025 Strategy

On August 8, 2025, American Strategic Investment Co. prepared an investor presentation highlighting its strategic initiatives and financial performance for the second quarter of 2025. The company emphasized its active portfolio management, including lease renewals and strategic dispositions, such as the ongoing marketing of 123 William Street and 196 Orchard Street. These efforts aim to generate significant proceeds for reinvestment into higher-yielding assets beyond Manhattan, enhancing portfolio diversification. The company also reported a solid tenant base with a high percentage of investment-grade ratings, a conservative debt profile with no maturities in 2025, and a commitment from advisors and affiliates, who own approximately 1.5 million shares.

New York City REIT Reports Q2 2025 Financial Results

On August 8, 2025, American Strategic Investment Co. held a conference call to discuss its financial results for the second quarter of 2025, revealing a revenue of $12.2 million, down from $15.8 million in the same period of 2024, largely due to the sale of 9 Times Square. The company reported a GAAP net loss of $41.7 million, an improvement from the $91.9 million loss in the previous year, and highlighted ongoing efforts to sell properties to reduce debt and reinvest in higher-yielding assets. The company is also addressing foreclosure proceedings on one of its properties and aims to maximize shareholder returns through strategic repositioning.

American Strategic Investment Co. Q2 2025 Financial Results

On August 8, 2025, American Strategic Investment Co. announced its financial results for the second quarter ending June 30, 2025. The company reported a revenue of $12.2 million, a decrease from $15.8 million in the same quarter of 2024, primarily due to the sale of 9 Times Square. Despite a net loss of $41.7 million, this was an improvement from the $91.9 million loss in the previous year. The company is focused on tenant retention and plans to divest certain Manhattan assets to enhance long-term portfolio value. The geopolitical instability and economic conditions pose potential risks to the company’s operations and market position.

New York City REIT to Announce Q2 Results Soon

On July 25, 2025, American Strategic Investment Co. announced it will release its financial results for the second quarter ended June 30, 2025, on August 8, 2025, before the New York Stock Exchange opens. The company will also host a webcast and conference call on the same day to review the results and provide business performance commentary, offering stakeholders insights into its operational status and market positioning.