American Strategic Investment Co (NYC)

NYSE: NYC · IEX Real-Time Price · USD
9.20
0.00 (0.00%)
May 31, 2024, 4:00 PM EDT - Market closed
0.00%
Market Cap 23.72M
Revenue (ttm) 62.66M
Net Income (ttm) -101.77M
Shares Out 2.58M
EPS (ttm) -45.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 872
Open 9.34
Previous Close 9.20
Day's Range 9.20 - 9.34
52-Week Range 5.46 - 9.60
Beta -0.10
Analysts Hold
Price Target 8.00 (-13.04%)
Earnings Date May 10, 2024

About NYC

American Strategic Investment Co. (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City. [Read more]

Sector Real Estate
CEO Michael R. Anderson
Country United States
Stock Exchange NYSE
Ticker Symbol NYC
Full Company Profile

Financial Performance

In 2023, NYC's revenue was $62.71 million, a decrease of -2.02% compared to the previous year's $64.01 million. Losses were -$105.92 million, 130.8% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NYC stock is "Hold" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(-13.04% downside)
Analyst Consensus: Hold
Stock Forecasts

News

BELLEVUE CAPITAL PARTNERS, LLC INCREASES THE PURCHASE PRICE FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.

$10.25 Offer Represents $1.00 Per Share Increase in Offer Price to May 7, 2024 Tender Offer  NEW YORK , May 23, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it...

8 days ago - PRNewsWire

American Strategic Investment Co. Announces Response to Bellevue Capital Partners, LLC Tender Offer

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has filed with the Securities and Exchange Commission (“SEC”) a Solicitation/...

10 days ago - Business Wire

American Strategic Investment Co. Announces First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...

21 days ago - Business Wire

BELLEVUE CAPITAL PARTNERS, LLC LAUNCHES TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.

$9.25 Offer Represents 67% Premium to Recent Closing Price NEW YORK , May 7, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it has launched a tender offer to pur...

24 days ago - PRNewsWire

American Strategic Investment Co. Announces New Leasing, 87.2% Occupancy

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it completed one new license agreement in the first quarter for approximately 8,...

25 days ago - Business Wire

American Strategic Investment Co. to Accelerate Evolution of Business Model

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it intends to accelerate its efforts to evolve and diversify its business. The C...

4 weeks ago - Business Wire

American Strategic Investment Co. Announces Release Date for First Quarter Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results as of, and for the first quarter ended March 31...

5 weeks ago - Business Wire

American Strategic Investment Co. Announces Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...

2 months ago - Business Wire

American Strategic Investment Co. Announces Release Date for Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results as of, and for the fourth quarter and year ende...

2 months ago - Business Wire

American Strategic Investment Co. Announces Changes to Board of Directors

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announces the following changes to its Board of Directors. Board member Abby Wenzel has announced tha...

5 months ago - Business Wire

American Strategic Investment Co. Announces Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...

7 months ago - Business Wire

BELLEVUE CAPITAL PARTNERS, LLC ANNOUNCES FINAL RESULTS OF TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.

NEW YORK , Oct. 27, 2023 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today the final results of its tender offer to purchase for cash up to 350,000 shares of American Strateg...

7 months ago - PRNewsWire

American Strategic Investment Co. Announces Release Date for Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results as of, and for the third quarter ended, Septemb...

8 months ago - Business Wire

American Strategic Investment Co. Completes Disposition of the Hit Factory

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it completed the sale of the property it owns at 421 W. 54th Street (the “Hit Fa...

8 months ago - Business Wire

American Strategic Investment Co. Announces Disposition of the Hit Factory

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has signed a definitive purchase and sale agreement to sell a property it own...

10 months ago - Business Wire

American Strategic Investment Co. Announces Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...

10 months ago - Business Wire

American Strategic Investment Co. Announces Release Date for Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the second quarter ended June 30, 2023 on Fr...

11 months ago - Business Wire

American Strategic Investment Co. Announces First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of high-quality commercial real estate located within the five borou...

1 year ago - Business Wire

American Strategic Investment Co. Announces Release Date for First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the first quarter ended March 31, 2023, on F...

1 year ago - Business Wire

American Strategic Investment Co. Announces Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of high-quality commercial real estate located within the five borou...

1 year ago - Business Wire

American Strategic Investment Co. Announces 9,300 Square Foot Lease

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today the execution of a 9,300 square foot lease at 1140 Avenue of the Americas in New York ...

1 year ago - Business Wire

American Strategic Investment Co. Announces Release Date for Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the fourth quarter and year ended December 3...

1 year ago - Business Wire

American Strategic Investment Co. Announces Final Results of Rights Offering for Common Stock

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today the final results of its non-transferable rights offering (the “Rights Offering), whic...

1 year ago - Business Wire

American Strategic Investment Co. Announces Commencement of Rights Offering for Common Stock

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today that it commenced an offering of shares of its Class A common stock, par value $0.01...

1 year ago - Business Wire

New York City REIT Announces Completion of Reverse Stock Split and Termination of REIT Status

NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it completed a previously announced reverse stock split at a ratio of 1-for-8 (the “Reve...

1 year ago - Business Wire