American Strategic Investment Co (NYC)

NYSE: NYC · IEX Real-Time Price · USD
8.86
+0.89 (11.17%)
At close: Jul 19, 2024, 4:00 PM
50.00
+41.14 (464.33%)
After-hours: Jul 20, 2024, 1:25 PM EDT
11.17%
Market Cap 22.85M
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 6,984
Open 7.97
Previous Close 7.97
Day's Range 7.97 - 50.00
52-Week Range 5.46 - 10.91
Beta 0.12
Analysts Hold
Price Target 8.00 (-9.71%)
Earnings Date Aug 9, 2024

About NYC

American Strategic Investment Co. (including, New York City Operating Partnership L.P., (the “OP”) and its subsidiaries, the “Company”) is an externally managed company that currently owns a portfolio of commercial real estate located within the five boroughs of New York City, primarily Manhattan. The Company’s real estate assets consist of office properties and certain real estate assets that accompany office properties, including retail spaces and amenities. As of March 31, 2024, the Company owned seven properties consisting of 1.2 million re... [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
(-9.71% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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

NEW YORK , July 16, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today the final results of its tender offer to purchase for cash up to 125,000 shares of American Strateg...

5 days ago - PRNewsWire

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

$11.00 Offer Represents $0.75 Per Share Increase in Offer Price to May 7, 2024 Tender Offer NEW YORK , June 26, 2024 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it...

25 days ago - PRNewsWire

American Strategic Investment Co. Enters Into Letter of Intent to Sell 9 Times Square for $63.5 Million

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has agreed to a term sheet to sell its 9 Times Square Midtown Manhattan prope...

26 days ago - Business Wire

URGENT ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company – NYC

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Secur...

5 weeks ago - GlobeNewsWire

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company - NYC

NEW YORK , June 4, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securiti...

6 weeks 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/...

2 months 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...

2 months 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...

2 months 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,...

2 months 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...

2 months 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...

3 months 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...

3 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...

4 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...

7 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...

9 months ago - Business Wire

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...

10 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...

10 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...

1 year 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...

1 year 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...

1 year 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