American Strategic Investment Co. (NYC)
American Strategic Investment Co. operates in the REIT - Office industry of the Real Estate sector, headquartered in New York City, RI, US. The stock last traded at $7.62, down 4.75% on the session, giving a market capitalisation of $22.2M. On trailing twelve-month figures it carries a trailing P/E of 1.56, a net margin of 49.8%. Its beta of 0.24 implies it has historically moved less than the broad market.
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 particular focus on Manhattan. Its holdings comprise eight diversified office and retail condominium units. The firm boasts a strong tenant roster, featuring a balanced mix of prominent, investment-grade corporate entities and various government agencies. ASIC commenced operations on December 19, 2013, and is headquartered in Newport, Rhode Island.
American Strategic Investment Co. is most often compared with the following Real Estate names: