New York City REIT AI Stock Analysis
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New York City REIT (NYC) AI Stock Analysis
New York City REIT
(NYSE:NYC)
New York City REIT's score of 44 reflects severe financial challenges, including declining revenue, high leverage, and negative cash flows. The stock is in a clear downtrend, and valuation does not offer a compelling margin of safety. Positive corporate developments, such as regaining NYSE compliance, provide some offset but do not alter the fundamental risk profile. Investors should approach with caution.
New York City REIT (NYC) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $17.81M
- Dividend Yield
- ―
- Average Volume (3M)
- 15.73K
- Price to Earnings (P/E)
- 1.2
- Beta (1Y)
- 0.47
- Revenue Growth
- -38.85%
- EPS Growth
- ―
- Country
- US
- Employees
- 0
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Diversified
New York City REIT Business Overview & Revenue Model
Company Description
American Strategic Investment Co. (ASIC) functions as a publicly traded Real Estate Investment Trust, managing a select portfolio of premium commercial properties. These assets are strategically located across New York City's five boroughs, with a pa...
New York City REIT Earnings Call Summary
The call presents a mix of positive strategic moves and financial improvements alongside meaningful operational challenges. Positives include a substantial one-time disposition gain, marked year-over-year improvement in GAAP net loss, a high proportion of investment-grade tenants, executed leasing in resilient sectors, and a debt profile locked to fixed rates. Offsetting these are material declines in recurring revenue driven by asset sales, modest adjusted EBITDA and cash NOI, suboptimal occupancy (80.3%), short average debt term (1.5 years) that creates refinancing risk, and unchanged quarterly net loss. Overall, management is pursuing portfolio pruning and asset sales to redeploy capital, but near-term operating performance and revenue base remain under pressure.
Q4-2025 Updates
Positive Updates
Negative Updates
Company Guidance
Management guided that it will prioritize tenant retention, property improvements, cost efficiency and pruning non‑core assets—leasing up available space, renewing leases, replacing maturing debt and pursuing targeted dispositions (including potential sales of 123 William Street and 196 Orchard) to generate cash for higher‑yielding, accretive investments; notable metrics cited: a $382.6 million, 0.7 million sq. ft., 5‑asset NYC portfolio at 80.3% occupancy with a weighted average remaining lease term of 6.1 years, top‑10 tenants representing 69% investment or implied investment grade with a 6.9‑year WALT, 57% of leases now extending beyond 2030 (up from 56% last quarter) and 2026 lease expirations of only 5% of annualized straight‑line rent; operating activity included 13 new/replacement leases totaling 117,000 sq. ft., the sale of 1140 Avenue of the Americas (recognizing a $46.6 million gain), FY2025 revenue $43.3 million (Q4 $6.5 million), GAAP net loss attributable to common of $21.2 million (Q4 net loss $6.7 million), adjusted EBITDA $0.3 million for the year ($1.2 million Q4), cash NOI $16.0 million for the year ($1.8 million Q4), and a conservative balance sheet with net debt $249.7 million, net leverage 47.5%, weighted average effective interest rate 4.5% and a 1.5‑year weighted average remaining debt term (100% fixed or swapped to fixed).
New York City REIT Financial Statement Overview
Summary
Revenue has declined significantly over the past five years, with negative gross profit in TTM. Balance sheet shows high leverage (debt/equity 6.6) and eroding equity. Cash flow from operations is consistently negative, indicating liquidity concerns. While recent asset sales provided a temporary net income boost, underlying operations remain weak.
Income Statement
30NegativeBalance Sheet
20Very NegativeCash Flow
15Very Negative| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 33.41M | 43.27M | 61.57M | 62.71M | 64.00M | 70.22M |
| Gross Profit | 1.06M | 8.54M | 19.63M | 21.23M | 23.00M | 29.30M |
| EBITDA | 50.01M | 17.22M | -102.69M | -60.53M | 1.69M | 10.72M |
| Net Income | 12.98M | -21.19M | -140.59M | -105.92M | -45.90M | -39.47M |
Balance Sheet | ||||||
| Total Assets | 444.75M | 445.16M | 507.07M | 694.17M | 790.46M | 823.05M |
| Cash, Cash Equivalents and Short-Term Investments | 2.42M | 1.30M | 9.78M | 5.29M | 10.82M | 11.67M |
| Total Debt | 350.39M | 349.92M | 403.14M | 452.42M | 451.88M | 457.11M |
| Total Liabilities | 391.85M | 380.40M | 421.48M | 469.38M | 468.88M | 471.92M |
| Stockholders Equity | 52.90M | 64.76M | 85.59M | 224.79M | 301.06M | 338.99M |
Cash Flow | ||||||
| Free Cash Flow | -2.74M | -8.51M | -5.29M | -11.46M | -6.04M | -11.29M |
| Operating Cash Flow | -2.04M | -7.75M | -4.00M | -7.41M | -486.00K | -7.92M |
| Investing Cash Flow | -3.73M | -3.79M | 59.86M | 71.00K | -5.55M | -3.38M |
| Financing Cash Flow | 870.00K | 650.00K | -49.73M | 4.03M | -6.27M | -275.00K |
New York City REIT Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NYC, the sentiment is Negative. The current price of 5.71 is below the 20-day moving average (MA) of 5.90, below the 50-day MA of 6.03, and below the 200-day MA of 7.82, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 42.79 is Neutral, neither overbought nor oversold. The STOCH value of 40.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NYC.
New York City REIT Risk Analysis
New York City REIT disclosed 59 risk factors in its most recent earnings report. New York City REIT reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksNew York City REIT Peers Comparison
Overall Rating
ONL54Neutral- NYC44Neutral
CMCT44Neutral
FSP42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| ONL | 54Neutral | $150.03M | -5.11 | -4.51% | 3.09% | -6.38% | 79.30% |
| NYC | 44Neutral | $18.89M | 1.22 | 21.10% | ― | -38.85% | ― |
| CMCT | 44Neutral | $12.76M | -0.04 | -16.06% | ― | -3.82% | 90.89% |
| FSP | 42Neutral | $43.59M | -1.03 | -7.23% | 9.52% | -5.12% | 7.99% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NYC | New York City Reit, Inc. | 5.71 | -2.24 | -28.18% | |
| FSP | Franklin Street Properties | 0.42 | -0.62 | -59.54% | |
| CMCT | Creative Media & Community Trust Corporation | 4.99 | -920.01 | -99.46% | |
| ONL | Orion Office Reit, Inc. | 2.59 | 0.27 | 11.69% | |
| NLOP | Net Lease Office Properties | 9.57 | -0.91 | -8.70% |
New York City REIT Corporate Events
New York City REIT Announces Upcoming Third-Quarter Results Release
NeutralOn November 3, 2026, American Strategic Investment Co. announced it would release financial results for the third quarter ended September 30, 2026, before the New York Stock Exchange opened on Friday, November 13, 2026. The company said it would not...
New York City REIT Regains NYSE Listing Compliance
PositiveOn August 12, 2026, American Strategic Investment Co. reported second-quarter 2026 results showing revenue fell to $7.3 million from $12.2 million a year earlier, mainly due to the prior-year sale of 1140 Avenue of the Americas, while net loss narrow...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026