Manhattan College BRONX
Tena y Williamsbridge N Park
Knickerbocker American Realty Capital CC SECOND QUARTER 2017 REPORT New York City REIT
Englewood Cli s NEW YORK
Bronx Englewood Zoo INWOOD Henry Hudson Pkwy W 207th St New York SECOND QUARTER 2017 UPDATE University
Dyckman St 10th Ave 10th New York University Nagle Ave
The Bronx Cloisters
Margaret Our second quarter 2017 results demonstrate American RealtyCorbin Rd Capital New York City REIT, Inc.’s
(“ARC NYCR”) commitment to the solid execution of our stated Fortbusiness George Ave objectives. Our portfolio
Teaneck Cabrini Blvd Cabrini
Riverside Dr currently consists of six Palisadesproperties located in the borough of Manhattan, the financial capital of the Park FORT world and the epicenter of commerce among New York City’s fiveW 187th StGEORGEboroughs. These assets comprise more
Saint Nicholas Ave Washington Brdg
Henry Hudson Pkwy W 181st St
than one million square feet. As of June 30, 2017, for these properties, Alexanderoccupancy was 85.5%, and the Hamiliton Trans Mahattan Exwy Brdg
dg W 177th St ngton Br
weighted average lease term remaining was at 6.2 years. OurGeorge WashileverageBlvd Cabrini remains conservative at 31% debt to Riverside Dr Riverside Leonia WASHINGTON cost, leaving significant balance sheet capacity to grow the portfolio. HEIGHTS
Presbyterian
Hospital Dr River Harlem Riverside Dr Riverside
During the second quarter, we continued to focusFort on driving upside potential for the portfolio through Fort Washington Ave Washington Fort Lee Edward M Morgan Pl
Riverside DrW Edgecombe Ave repositioning and lease up opportunities. We believe the repositioningW 158th St strategy undertaken on the ground Riverside Dr
W 155th St Yankee Frederick Douglass Blvd Frederick Macombs Stadium floor retail space at 9 Times Square will make the Seventh Avenue retail frontageDam Brdgmore attractive to potential
HAMILTON
8th Ave Palisades Dr Riverside HEIGHTS tenants, while the new lobby and thePark pre-built office suites will accelerate(Sugar Hill) lease up and drive increased Ridge eld
W 145th St Ave Edgecombe Park 145th St property value. Brdg
Riverside Dr
W 138th St E 138th St Harlem
Hospital Saint Nicholas Ave Nicholas Saint Adam Clayton Powell Jr Blvd ClaytonAdam Powell Center PORTFOLIO HIGHLIGHTS (As of June 30, 2017) WEST Ave Convent W 135th St E 135th St HARLEM City College CENTRAL of New York HARLEM
Marginal St
Manhattanville
5th Ave Third Ave 12th Ave E 130th St Saint Clair Pl
Malcolm X Blvd
Second Ave Cli side E 128th St Willis Ave Ridge eld Edgewater E 127th St Brdg Property Highlights Park Financial HighlightsW 125th St E 126th St E 125th St Triborough Brdg Hancock Pl
Frederick DouglassFrederick Blvd Little General Grant E 124th St QUEENS Ferry Nat'l Monument Seminary Row 1
120th St Mount Morris Park W Park Morris Mount Downing
Real EstatePkwy Hudson Henry Investments $748.1 million Stadium Number of Properties 6 MORNINGSIDE Dr Morningside HEIGHTS Barnard Sewage College Disposal W 116th St Morningside Ave W 116th St Manhattan E 116th St Plant Columbia University 2 Laguardia Leverage Ratio 31% - E 34Th St Cathedral Fairview of St John Laguardia The Divine EAST - Wall St
W 110th St Frederick Cathedral Pkwy Rentable Square Feet 1.1 million Ave Manhattan Central Park N E 110th St HARLEM Douglass Cir (El Bario) Frawley Cir
Lasker Rink Triborough Brdg & Pool
Moonachie Amsterdam Ave DistributionW 106th St InformationE 106th St Manhattan Museo Psychiatric Center Del Barrio
Broadway Museum of The City Of New York Percentage Leased 85.5% 3 Dr FDR Distribution Rate Mt Sinai Hospital Metropolitan
Riverside Dr Riverside 97th St Transverse Rd Hospital
Henry Hudson Pkwy Hudson Henry 6.05% W 96th St Tennis Madison Ave E 96th St (as of June 30, 2017)Courts Jewish Weighted Avg. Remaining Lease Term (Yrs.) 6.2 Museum
UPPER Ferry Cooper Hewitt Terminal WEST Museum E 90th St Soldiers and Gracie SIDE Guggenheim Sailors 86th St Transverse Rd Mansion Carlstadt DistributionMonument Frequency Museum Monthly Queens North Central Ave Lexington
Park Ave Park Bergen W 86th St Park E 86th St 1st Ave YORKVILLE Children's Museum Metropolitan UPPER Riverside Museum Of Art EAST Park Delecorte
CentralW Park Columbus Ave W 81st St Theater SIDE 1 Obelisk Hayden American W 79th St Planetarium Museum Of
E 79th St Ave York REAL ESTATE INVESTMENTS (in millions) PROPERTYNatural HistoryBelvedere MAP Guttenberg Castle 79th St Transverse Rd W 77th St Boat House
W End Ave New York Historical Society Whitney Museum Bethesda of American Art Fountain & Terrace NYC W 72nd St REIT E 72nd St Cornell Asia Society Medical Bandshell The Frick Museum College Henry Hudson Pkwy Hudson Henry Collection NYC REIT LINCOLN New York ROOSEVELT $800 Hospital ISLAND SQUARE Center Museum of Julliard Tavern On 5th Ave American The Green LENNOX West New School Folk Art 65th Street Transverse Rd 3rd Ave 3rd HILL Rockefeller York Lincoln The Zoo University Center Dairy E 63rd St Abigail NY State Wollman E 62nd St Adams Smith $750 Rink House Museum
Theater 2nd Ave 2nd Henry Hudson Pkwy Hudson Henry E 61st St
Fdr Fdr Dr E 60th St Fordham Queensboro Brg Conn Queensboro mbus Univ u Ci Central Park S l r o Brdg C W 58th St Plaza Hotel Plz Army Grand NYC W 57th St E 57th St REIT NY Convention Trump $700 & Visitors Carnegie Tower Bureau Hall Museum Of Modern Art E 53rd St Museum of TV & Radio American Craft Museum St Patricks Passenger Cathedral Ship Terminal Radio City
$650 Music Hall Ave First Waldorf - Rockefeller Astoria Hotel E 48th St TIMES Center Rockefeller Plz NYC
Intrepid 8th Ave Sea-Air-Space SQUARE REIT MIDTOWN Museum
9th Ave Grand NYC Central United $600 REIT Vanderbilt Ave Nations
12th Ave 11th Ave
7th Ave Chrysler
Park Ave Park W 42nd St United Nations Plz
Weehawken Building E 42nd St Queens Midtown Tunnel Dyer Ave Dyer
10th Ave Bryant Park E 40th St
Lincoln Tunnel The Americas OfAvenue NY Public MURRAY Lincoln Tunnel Library W 39th St GARMENT HILL Ferry HELLS W 38th St Pierpont $550 Terminal DISTRICT Morgan Secaucus Jacob Javits KITCHEN Library Convention Center
Fashion Ave Fashion Empire State
Park Ave Park 1st Ave 1st Dyer Ave W 34th St Building General E 34th St Post O ce Madison Square Garden NYU W 31st St Ave 3rd $500 Penn Ave 2nd Medical Station W 30th St 8th Ave Center
Chelsea MIDTOWN KIP'S Park SOUTH E 28th St BAY Union Bellevue City CENTRAL Hospital
$450 E 25th St Madison Square VA
7th Ave Park Hospital W 23rd St E 23rd St
CHELSEA S Ave Park FLATIRON Theodore DISTRICT Gramercy STUYVESANT $400 Roosevelt Birthplace Park TOWN Union GRAMERCY Square PARK
11th Ave Avenue C Avenue Union Sq E E 15th St
W 14th St The Americas OfAvenue E 14th St Union SqW E 14th St $350 Greenwich Ave GREENWICH Ukranian VILLAGE Museum
Stevens Institute Ave 4th St Marks E 9th St Church
of Technology Ct Lafayette W 8th St 8th St Cooper Saint Marks Pl Tompkins Astor Pl Union Square Landmark $300 S Ave 7th Washington EAST WEST Bleecker St Sq N Washington Washington Pl VILLAGE VILLAGE Washington SqW Square
Washington Sq S Washington Sq E Cooper Sq E 4th St E 4th Walk Hoboken New York
Christopher St University
Avenue D Avenue
Avenue A Avenue
Avenue B Avenue Avenue C Avenue
Greenwich St Greenwich NOHO E Houston St Varick St $250 Laguardia Pl Hudson St
Clinton St
Columbia St
FDR Dr Prince St New Museum of Contemporary Mulberry St W Houston St Art Sarah D Rivington St
Allen St Roosevelt Delancey St Lafayette St Lafayette Pkwy Williamsburg Brdg
Delancey St The Americas The
NYC Fire Of Avenue Delancey St Museum SOHO Kenmare St Bowery
$200 Pl Cleveland LITTLE Broome St Tenement ITALY Museum
Canal St Grand St BOWERY West St West Watts St Seward Holland Tunnel W Broadway Park LOWER EAST Corlears
$150 St Varick SIDE Hook Park Chinese Front St Alternative E Broadway Museum CHINATOWN History Museum Pike St
Brooklyn South St Duane St Support $100 Park Row US Court House Activity Manhattan Brdg Chambers St TRIBECA City Hall Avenue Of The Finest Saint James Pl
NYC Kearny Woolworth Barclay St Church St REIT Bldg Park Row $50 Brooklyn Brdg Natl WTC 9/11 Fulton St Memorial North Cove Maiden Ln Yacht Harbor Liberty St Pearl St Liberty Plz Liberty Federal Reserve American Bank South Stock Ex Greenwich St Street Jersey BATTERY New York
$0 Pl Trinity Wall St Stock Ex Seaport PARK Ferry City Water St Terminal CITY Exchange Aly Morris St
2Q ‘14 3Q ‘14 4Q ‘14 1Q ‘15 2Q ‘15 3Q ‘15 4Q ‘15 1Q ‘16 2Q ‘16Saint3Q Peters ‘16 4Q ‘16 1Q ‘17 2Q ‘17 St Greenwich Brooklyn College Battery Pl US Whitehall St FINANCIAL Custom State St Battery House DISTRICT Park Castle Clinton 1 Nat'l Monument Ferry Terminal Ferry Real Estate Investments ($MMs) Terminal
1 Total real estate investments, at cost as of June 30, 2017, recorded on ARC NYCR balance sheet. Brooklyn Battery Tunnel Ellis Island National 2 Calculated as total debt outstanding net of deferred financing costs divided by total real estateMonument investments at cost.
3 Annualized Distribution Rate is calculated based upon distributions of $1.51 per share per annum (calculated by annualizingGovernors Island the daily distribution rate Support Center as of June 30, 2017) divided by the initial public offering per share price of $25.00, or 6.05%. Based on ARC NYCR Estimated Per-Share NAV of
Jersey City State College Prospect $21.25 as of June 30, 2016, the annualized distribution yield is 7.1%. Park Statue Of Liberty Nat'l Monument KINGS SHAREHOLDER COMMUNICATION - NOT FOR USE AS SALES MATERIAL
Newark Manhattan College BRONX
Tena y Williamsbridge N Park
Knickerbocker CC
Englewood Cli s NEW YORK
Bronx Englewood Zoo INWOOD Henry Hudson Pkwy W 207th St New York University
Dyckman St 10th Ave 10th New York University Nagle Ave
The Bronx Cloisters
Margaret Corbin Rd
Fort George Ave
Teaneck Cabrini Blvd Cabrini
Riverside Dr Palisades Park FORT W 187th StGEORGE
Saint Nicholas Ave Washington Brdg
Henry Hudson Pkwy W 181st St
Alexander Hamiliton Trans Mahattan Exwy Brdg
W 177th St
George Washington Brdg Blvd Cabrini Riverside Dr Riverside Leonia WASHINGTON HEIGHTS
Presbyterian
Hospital Dr River Harlem Riverside Dr Riverside
Fort Fort Washington Ave Washington Fort Lee Edward M Morgan Pl
Riverside DrW Edgecombe Ave W 158th St
Riverside Dr
W 155th St Yankee Frederick Douglass Blvd Frederick Macombs Stadium Dam Brdg
HAMILTON
8th Ave Palisades Dr Riverside HEIGHTS Park (Sugar Hill)
Ridge eld Edgecombe Ave Edgecombe W 145th St 145th St Park Brdg
Riverside Dr
W 138th St E 138th St Harlem
Hospital Saint Nicholas Ave Nicholas Saint Adam Clayton Powell Jr Blvd Clayton Adam Powell Center WEST Ave Convent W 135th St E 135th St HARLEM City College CENTRAL of New York HARLEM
Marginal St
Manhattanville
5th Ave Third Ave 12th Ave E 130th St Saint Clair Pl
Malcolm X Blvd NewSecond Ave York, NY Cli side E 128th St Willis Ave Ridge eld Edgewater E 127th St Brdg Park W 125th St E 126th St E 125th St Triborough Brdg Hancock Pl
Frederick DouglassFrederick Blvd Little General Grant E 124th St QUEENS Ferry Nat'l Monument PROPERTY SPOTLIGHT 1140 AVENUE OF AMERICAS Seminary Row 120th St Mount Morris Park W Park Morris Mount Downing
Henry Hudson Pkwy Hudson Henry Stadium MORNINGSIDE Dr Morningside HEIGHTS Barnard Sewage College Disposal W 116th St Morningside Ave W 116th St Manhattan E 116th St Plant Columbia University Laguardia - E 34Th St
Cathedral OVERVIEW Fairview PROPERTYof St JohnAT A GLANCE Laguardia The Divine EAST - Wall St
W 110th St Frederick Cathedral Pkwy Manhattan Ave Manhattan Central Park N E 110th St HARLEM Douglass Cir (El Bario) On June 15, 2016, ARC NYCR acquired 1140 Avenue of Americas, a Class-A institutional-quality office Frawley Cir
Lasker Rink Triborough Brdg Address & Pool 1140 Avenue of Americas Moonachie W 106th St Amsterdam Ave E 106th St property, located in the heart of Bryant Park for $180 million. The building contains 249,703 rentable square Manhattan Museo Psychiatric Center Del Barrio
Broadway New York, NY 10036 Museum of The City Of New York feet and is currently 81% leased. Constructed in 1926, the property was completely renovated in 2010 with Dr FDR
Mt Sinai an all-new glass façade and outdoor terraces featuring views of Central Park. Hospital Metropolitan
Riverside Dr Riverside 97th St Transverse Rd Hospital
Gross LeasablePkwy Hudson Henry Area 249,703 square feet W 96th St Tennis Madison Ave E 96th St Courts
Jewish Museum
SELECT TENANT PROFILES UPPER Ferry Cooper Hewitt Terminal WEST Museum Purchase Price $180.0 million E 90th St Soldiers and Gracie SIDE Guggenheim Sailors 86th St Transverse Rd Mansion City National Bank offers a full complementCarlstadt of banking, trust and investment services through 75 Monument Museum Queens
North Central Ave Lexington
Park Ave Park Bergen W 86th St Park E 86th St 1st Ave offices, including 16 full-service regional centers. Its 3,600 colleagues deliver personal service and financial YORKVILLE Children's UPPER Acquisition DateMuseum MetropolitanJune 15, 2016 Riverside Museum Of Art EAST Park Delecorte
CentralW Park solutions to entrepreneurs, professionals, their businesses and their families. On November 2, 2015, City Columbus Ave Theater W 81st St SIDE Obelisk Hayden American W 79th St Planetarium Museum Of
E 79th St Ave York Natural HistoryBelvedere National merged with Royal Bank of Canada. Guttenberg Castle 79th St Transverse Rd W 77th St Boat Occupancy House81% W End Ave New York Historical Society Whitney Museum Bethesda of American Art Fountain & Office Space Solutions provides executive suites, virtual offices, virtual receptionist, and a full compliment Terrace W 72nd St E 72nd St Cornell Asia Society Medical Bandshell The Frick Museum College
of services essential to its customers. OSS centers offer a wide range of services customized to provide Pkwy Hudson Henry Collection LINCOLN New York ROOSEVELT SQUARE Hospital ISLAND its clients with integrated telecommunications services, reception services, secretarial services, the most Center Museum of Julliard Tavern On 5th Ave American The Green LENNOX West New School Folk Art 65th Street Transverse Rd 3rd Ave 3rd HILL Rockefeller York Lincoln The Zoo University advanced office technology, conference rooms and dedicated or non-dedicated office space. Center Dairy E 63rd St Abigail NY State Wollman E 62nd St Adams Smith
Theater Rink House Museum 2nd Ave 2nd Henry Hudson Pkwy Hudson Henry E 61st St
Fdr Fdr Dr E 60th St Fordham Queensboro Brg Conn Queensboro mbus Univ u Ci Central Park S l r o Brdg P/S/L Group America C provides online fieldwork services to pharmaceutical market research, W 58th St Plaza Hotel Plz Army Grand W 57th St E 57th St NY Convention Trump & Visitors Carnegie Tower consulting, and healthcare communication agencies in Europe, North America, Latin America, Asia, Bureau Hall Museum Of Modern Art E 53rd St Museum of TV & Radio and internationally. American Craft Museum St Patricks Passenger Cathedral Ship Terminal Radio City
Music Hall Ave First Waldorf - Rockefeller NYC Astoria Hotel
E 48th St Center REITRockefeller Plz
Waterfall Asset Management is a SEC-registered specialist credit advisor focused on High Yield Asset Intrepid 8th Ave MIDTOWN Sea-Air-Space TIMES Museum 9th Ave SQUARE Grand Central United Backed Security (ABS) and loan investments. As of March 31, 2017, Waterfall has approximately $6.8 Vanderbilt Ave Nations
12th Ave 11th Ave
7th Ave Chrysler
Park Ave Park W 42nd St United Nations Plz
Weehawken Building E 42nd St Queens Midtown Tunnel Dyer Ave Dyer
10th Ave Bryant Park billion in assets under management. E 40th St
Lincoln Tunnel The Americas OfAvenue NY Public MURRAY Lincoln Tunnel Library W 39th St W 38th St GARMENT HILL Ferry HELLS Pierpont Terminal DISTRICT Morgan Secaucus Jacob Javits KITCHEN Library Convention Center
Fashion Ave Fashion Empire State
Park Ave Park 1st Ave 1st Dyer Ave W 34th St Building General E 34th St Post O ce Madison Square Garden NYU W 31st St Ave 3rd LOCATION SUMMARY Penn Ave 2nd Medical Station W 30th St 8th Ave Center
Chelsea MIDTOWN KIP'S The property is located two blocks from Bryant Park and within a five minute walk Unionof Times Square, Grand Park SOUTH E 28th St BAY Bellevue City CENTRAL Hospital Central Terminal, Port Authority, and Rockefeller Center. Madison E 25th St Square VA
7th Ave Park Hospital W 23rd St E 23rd St
CHELSEA S Ave Park FLATIRON Theodore STUYVESANT DISTRICT Roosevelt Gramercy Birthplace Park TOWN GRAMERCY Union Square PARK
11th Ave Avenue C Avenue Union Sq E E 15th St
W 14th St The Americas OfAvenue E 14th St Union SqW E 14th St
Greenwich Ave Ukranian GREENWICH Museum VILLAGE
Stevens Institute Ave 4th St Marks E 9th St Church
of Technology Ct Lafayette W 8th St 8th St Cooper Saint Marks Pl Tompkins Astor Pl Union Square Landmark 7th Ave S Ave 7th Washington EAST WEST Bleecker St Sq N Washington Washington Pl VILLAGE VILLAGE Washington SqW Square
Washington Sq S Washington Sq E Cooper Sq E 4th St E 4th Walk Hoboken New York
Christopher St University
Avenue D Avenue
Avenue A Avenue
Avenue B Avenue Avenue C Avenue
For more information on ARC NYCR, please visit the company website, www.newyorkcityreit.com or call our Investor Relations departmentSt Greenwich at 866-902-0063.NOHO E Houston St Varick St Laguardia Pl Hudson St
Clinton St
Columbia St
FDR Dr Prince St New Museum of Contemporary Mulberry St W Houston St Art Sarah D Rivington St
Allen St Roosevelt Delancey St Lafayette St Lafayette Pkwy Williamsburg Brdg
Delancey St
The Americas The The information included herein should be read in connection with your review of ARC NYCR’s Quarterly Report on Form 10-QOf Avenue for the quarter ended NYC Fire Delancey St Museum SOHO Kenmare St Bowery Cleveland Pl Cleveland LITTLE Broome St Tenement ITALY Museum
June 30, 2017, as filed with the U.S. Securities and Exchange Commission (“SEC”) on August 11, 2017. Canal St Grand St BOWERY West St West Watts St Seward Holland Tunnel W Broadway Park LOWER EAST Corlears
Varick St Varick SIDE Hook Park Chinese Front St Alternative E Broadway CHINATOWN History Forward-Looking Statement Disclosure Museum Pike St Museum
Brooklyn South St Duane St Support US Court House Park Row Activity Manhattan Brdg The statements in this report include statements regarding the intent, belief or current expectations of ARC NYCR and members of its managementChambers St team, as well as TRIBECA City Hall Avenue Of
The Finest Saint James Pl
Kearny Woolworth the assumptions on which such statements are based, and generally are identified by the use of words such as “may,” “will,” “seeks,” “strives,” Church St “anticipates,” “believes,” Barclay St Bldg Park Row Brooklyn Brdg Natl “estimates,” “expects,” “plans,” “intends,” “should” or similar expressions. Actual results may differ materially from those contemplatedWTC 9/11 by suchFulton St forward-looking Memorial North Cove Maiden Ln Yacht Harbor Liberty St Pearl St Liberty Plz Liberty Federal Reserve statements due to certain factors, including those set forth in the Risk Factors section of ARC NYCR’s Annual Report on Form 10-K for the yearAmerican endedBank DecemberSouth 31, Stock Ex Greenwich St Street Jersey BATTERY New York
Trinity Pl Trinity Stock Ex Wall St Seaport PARK Ferry City Water St Terminal 2016, as filed with the SEC on March 28, 2017 and any subsequent Quarterly Reports on Form 10-Q, which are available at the SEC’s CITYwebsite Exchangeat Aly www.sec.gov. Further, Morris St forward-looking statements speak only as of the date they are made, and ARCSaint NYCRPeters undertakes no obligation to update or revise forward-lookingSt Greenwich statements to reflect Brooklyn College Battery Pl FINANCIAL US Whitehall St Custom State St DISTRICT Battery House Park changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law. Castle Clinton Nat'l Monument Ferry Terminal Ferry Terminal
Brooklyn Battery Tunnel
Ellis Island National Monument
Governors Island Support Center
Jersey City State College Prospect Park Statue Of Liberty Nat'l Monument KINGS
Newark