New York City REIT Inc
American Strategic Investment Co. 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 September 30, 2025, the Compan… Read more
New York City REIT Inc (NYC) - Net Assets
Latest net assets as of September 2025: $71.36 Million USD
Based on the latest financial reports, New York City REIT Inc (NYC) has net assets worth $71.36 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($448.07 Million) and total liabilities ($376.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $71.36 Million |
| % of Total Assets | 15.93% |
| Annual Growth Rate | -15.37% |
| 5-Year Change | -77.57% |
| 10-Year Change | -85.64% |
| Growth Volatility | 21.91 |
New York City REIT Inc - Net Assets Trend (2014–2024)
This chart illustrates how New York City REIT Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New York City REIT Inc (2014–2024)
The table below shows the annual net assets of New York City REIT Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $85.59 Million | -61.93% |
| 2023-12-31 | $224.79 Million | -30.10% |
| 2022-12-31 | $321.58 Million | -8.42% |
| 2021-12-31 | $351.14 Million | -7.98% |
| 2020-12-31 | $381.57 Million | -9.27% |
| 2019-12-31 | $420.55 Million | -5.21% |
| 2018-12-31 | $443.68 Million | -7.85% |
| 2017-12-31 | $481.48 Million | -10.87% |
| 2016-12-31 | $540.19 Million | -9.39% |
| 2015-12-31 | $596.14 Million | +31.28% |
| 2014-12-31 | $454.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New York City REIT Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 62896300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.00K | 0.03% |
| Other Comprehensive Income | $-645.87 Million | -754.64% |
| Other Components | $1.38 Billion | 1609.26% |
| Total Equity | $85.59 Million | 100.00% |
New York City REIT Inc Competitors by Market Cap
The table below lists competitors of New York City REIT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boston Sand & Gravel Co
PINK:BSND
|
$7.60 Million |
|
Kalamazoo Resources Limited
PINK:KAMRF
|
$7.60 Million |
|
Noxopharm Ltd
AU:NOX
|
$7.60 Million |
|
Scorpion Minerals Ltd
AU:SCN
|
$7.61 Million |
|
Sahathai Printing & Packaging PCL
BK:STP
|
$7.59 Million |
|
MANAGEM
BC:MANAGEM
|
$7.59 Million |
|
Nacon Sa
PA:NACON
|
$7.59 Million |
|
PROBIOTIX HEALTH LS-05
F:X90
|
$7.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New York City REIT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 224,794,000 to 85,586,000, a change of -139,208,000 (-61.9%).
- Net loss of 140,591,000 reduced equity.
- Share repurchases of 231,000 reduced equity.
- Other comprehensive income decreased equity by 646,276,000.
- Other factors increased equity by 647,890,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-140.59 Million | -164.27% |
| Share Repurchases | $231.00K | -0.27% |
| Other Comprehensive Income | $-646.28 Million | -755.12% |
| Other Changes | $647.89 Million | +757.0% |
| Total Change | $- | -61.93% |
Book Value vs Market Value Analysis
This analysis compares New York City REIT Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.24x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.01x to 0.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $1241.49 | $8.41 | x |
| 2015-12-31 | $373.84 | $8.41 | x |
| 2016-12-31 | $338.76 | $8.41 | x |
| 2017-12-31 | $301.94 | $8.41 | x |
| 2018-12-31 | $278.24 | $8.41 | x |
| 2019-12-31 | $797.38 | $8.41 | x |
| 2020-12-31 | $235.92 | $8.41 | x |
| 2021-12-31 | $208.88 | $8.41 | x |
| 2022-12-31 | $174.10 | $8.41 | x |
| 2023-12-31 | $100.95 | $8.41 | x |
| 2024-12-31 | $34.40 | $8.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New York City REIT Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -164.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -228.34%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 5.92x
- Recent ROE (-164.27%) is below the historical average (-24.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.49% | -228.66% | 0.01x | 1.05x | $-50.26 Million |
| 2015 | -2.65% | -59.71% | 0.04x | 1.22x | $-75.40 Million |
| 2016 | -3.66% | -41.52% | 0.06x | 1.43x | $-73.78 Million |
| 2017 | -4.79% | -39.52% | 0.08x | 1.58x | $-71.22 Million |
| 2018 | -5.43% | -38.64% | 0.08x | 1.74x | $-68.48 Million |
| 2019 | -5.21% | -31.04% | 0.08x | 2.14x | $-63.94 Million |
| 2020 | -10.85% | -65.13% | 0.07x | 2.28x | $-78.72 Million |
| 2021 | -11.64% | -56.20% | 0.09x | 2.43x | $-73.36 Million |
| 2022 | -15.24% | -71.71% | 0.08x | 2.63x | $-76.00 Million |
| 2023 | -47.12% | -168.91% | 0.09x | 3.09x | $-128.40 Million |
| 2024 | -164.27% | -228.34% | 0.12x | 5.92x | $-149.15 Million |
Industry Comparison
This section compares New York City REIT Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New York City REIT Inc (NYC) | $71.36 Million | -1.49% | 5.28x | $7.59 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |