An unknown buyer signed a definitive agreement to acquire Hit Factory from American Strategic Investment Co. (NYSE:NYC) for $4.5 million on August 17, 2023. The sale is expected to close in the fourth quarter of 2023.

An unknown buyer completed the acquisition of Hit Factory from American Strategic Investment Co. (NYSE:NYC) on October 12, 2023. As of November 9, 2023 this property was classified as held-for-sale.