American Strategic Investment Co.: Business Overview, Financials & Competitive Analysis
American Strategic Investment Co. (NYSE: NYC) is a publicly traded, externally managed real estate investment company that owns a portfolio of commercial real estate properties located in New York City's five boroughs...
Cyborg Score thesis
Challenged Manhattan office REIT facing structural headwinds in post-pandemic commercial real estate, trading at significant...
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Get Current Report FreeAmerican Strategic Investment Co. Overview
Pro stress-test →American Strategic Investment Co. (NYSE: NYC) is a publicly traded, externally managed real estate investment company that owns a portfolio of commercial real estate properties located in New York City's five boroughs, primarily Manhattan. As of September 2025, the company owned six office properties comprising approximately 0.7 million rentable square feet, along with retail spaces and amenities.
Strategic Profile
Pro stress-test →The company focuses on high-quality commercial office real estate in Manhattan, a capital-intensive market segment. Its business model relies on property management through New York City Properties, LLC and advisory services from New York City Advisors, LLC, both under common control with AR Global Investments, LLC.
Competitive Landscape
Pro stress-test →American Strategic Investment Co. competes within the Manhattan commercial office REIT market alongside larger, more diversified operators. Direct competitors include Paramount Group (PGRE), Boston Properties (BXP), and Vornado Realty Trust (VNO), which own substantial Manhattan office portfolios but benefit from greater scale, diversification, and stronger balance sheets. Smaller regional office REITs also compete for similar assets and tenants.
Industry Context
American Strategic Investment Co. operates in Real Estate Investment Trusts (REITs).
Key facts
Founded: 2013 · Headquarters: Newport, Rhode Island · Revenue: Not disclosed in available filings · Market cap: $19.8M