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New York City REIT
(NYSE:NYC)
New York City REIT (NYC) vs. SPDR S&P 500 ETF (SPY)
New York City REIT Business Overview & Revenue Model
New York City REIT Earnings Call Summary
New York City REIT Financial Statement Overview
| 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
New York City REIT Risk Analysis
New York City REIT Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $279.72M | ― | -17.53% | 5.77% | -3.69% | -777.30% | |
57 Neutral | $1.04B | ― | -4.27% | 5.90% | -6.74% | 17.44% | |
54 Neutral | $167.25M | ― | -10.03% | 8.08% | -15.14% | 16.61% | |
53 Neutral | $1.21B | 2.91 | -5.63% | 5.83% | -2.74% | -80.64% | |
47 Neutral | $172.13M | ― | -8.18% | 2.41% | -18.12% | 24.44% | |
44 Neutral | $16.05M | ― | -24.55% | 18.74% | -11.93% | -1877.17% | |
41 Neutral | $29.87M | ― | -112.61% | ― | -11.84% | 52.84% |
New York City REIT Corporate Events
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.
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.
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.
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.
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.
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.