American Strategic Investment Co. owns a portfolio of commercial real estate located within the five boroughs of New York City, primarily Manhattan. Co.'s real estate assets consist of office properties and certain real estate assets that accompany office properties, including retail spaces and amenities. It owns seven properties consisting of approximately 1.2 million rentable square feet. Co. has also invested in real estate assets that accompany office space, including retail spaces with amenities, and may also invest in hospitality assets, residential assets and other property types exclusively in New York City. The NYC average annual return since 2020 is shown above.
The Average Annual Return on the NYC average annual return since 2020 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether NYC average annual return since 2020 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NYC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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