American Strategic Investment Co (NYC) AI Stock Analysis
NYC AI stock analysis summary
AI ResearchAmerican Strategic Investment Co (NYC) owns commercial real estate assets primarily situated in Manhattan and New York City's boroughs. The company generated TTM revenue of $33.4M but reported an operating margin of -57.6%. With total debt of $350.4M and cash of $2.4M, the stock trades at a trailing P/E of 1.2x.
- Market cap
- $18.2M
- Revenue (TTM)
- $33.4M
- P/E
- 1.2x
- 1Y return
- -40.9% S&P 500 16.8%
- Avg. target
- $8.00 38.8% vs last close
Bull case
- The mean analyst price target of $8.00 represents an upside of 38.8% over the last close of $5.76.
- The stock trades at a price-to-book ratio of 0.4x and a trailing P/E of 1.2x, well below the US-listed Real Estate peer median trailing P/E of 21.6x.
- The portfolio contains 1.2 million rentable square feet across seven New York City properties as of March 31, 2024.
Bear case
- Total debt reached $350.4M as of June 30, 2026, compared to just $2.4M in cash and short-term investments, producing a debt-to-equity ratio of 6.62.
- Revenue fell from $70.2M in FY2021 to $43.3M in FY2025, with quarterly revenue falling 40.1% year-over-year in the quarter ended June 30, 2026.
- Free cash flow remained negative in each of the past five fiscal years, ending FY2025 at -$8.5M.
What American Strategic Investment does
American Strategic Investment Co., along with its subsidiaries and New York City Operating Partnership L.P., operates as an externally managed commercial real estate entity. The company focuses primarily on owning a portfolio of properties across New York City's five boroughs, with a predominant presence in Manhattan. Its core holdings comprise office properties complemented by retail spaces and amenities. As of March 31, 2024, the company's portfolio consisted of seven properties encompassing a total of 1.2 million rentable square feet, managed with a focus on asset management and key metropolitan market presence.
Growth and profitability
Annual revenue decreased steadily from $70.2M in FY2021 to $64.0M in FY2022, $62.7M in FY2023, $61.6M in FY2024, and $43.3M in FY2025, reflecting a 5-year revenue CAGR of -7.2%. Gross margin declined from 41.7% in FY2021 to 19.7% in FY2025. The company posted net losses in all five fiscal years, recording net income of -$140.6M in FY2024 and -$21.2M in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue fell 40.1% year-over-year. For the trailing twelve months, revenue was $33.4M with an operating margin of -57.6%, a profit margin of 38.9%, and an EPS of $4.90.
Balance sheet and cash flow
As of June 30, 2026, the company held $2.4M in cash and short-term investments against total debt of $350.4M, resulting in net debt of $348.0M. Shareholders' equity was $52.9M, leading to a debt-to-equity ratio of 6.62 and a current ratio of 0.35. In FY2025, operating cash flow was -$7.8M, free cash flow was -$8.5M, and capital expenditures were $757,000. Over a five-year period, the company's share count increased by 65.0%.
Valuation and performance
American Strategic Investment Co trades at a trailing P/E of 1.2x, below the 21.6x median of its US-listed Real Estate peers. Its price-to-sales ratio is 0.5x compared to the peer median of 3.7x, while its EV/EBITDA of 7.4x compares to the peer median of 14.7x. The company has a market capitalization of $18.2M and an enterprise value of $367.7M. Over the past year, the stock fell 40.9% while the S&P 500 (SPY) returned 16.8%, and over five years the stock declined 91.2% compared to an 83.0% gain for the index.
What analysts expect
The mean analyst price target is $8.00, which is 38.8% above the last closing price of $5.76 on October 16, 2026. The company has beaten EPS expectations in 1 of the last 4 quarters. The next earnings date is scheduled for November 18, 2026.
Key risks and what to watch
- Short-term liquidity is constrained, indicated by a current ratio of 0.35 and net debt of $348.0M as of June 30, 2026.
- Shareholders have faced ongoing dilution, with the share count increasing by 65.0% over five years.
- The stock is down 91.2% over five years and trades 29.5% below its 200-day moving average as of October 16, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this NYC AI stock analysis
This page is an AI-written research summary of American Strategic Investment Co (NYC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: NYC income statement, NYC balance sheet, NYC key metrics, NYC chart. See the NYC stock overview for the latest quote and news.
NYC AI stock analysis FAQ
What assets does American Strategic Investment Co own?
As of March 31, 2024, the company owned seven properties encompassing 1.2 million rentable square feet, consisting primarily of office buildings, retail spaces, and amenities in New York City.
How does NYC's valuation compare to its peer group?
NYC has a price-to-sales ratio of 0.5x and an EV/EBITDA of 7.4x, which sit below the US-listed Real Estate peer medians of 3.7x and 14.7x, respectively.
What is American Strategic Investment Co's debt position?
As of June 30, 2026, the company held $350.4M in total debt against $2.4M in cash and short-term investments, resulting in a debt-to-equity ratio of 6.62.
What is the consensus analyst target for NYC stock?
The mean analyst price target for NYC is $8.00, reflecting a 38.8% premium over its October 16, 2026 closing price of $5.76.