Gyrodyne (GYRO)
Leases New York commercial properties while securing entitlements for their sale.
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Leases industrial and medical-office space at its remaining New York campuses while pursuing entitlements and sales to complete an orderly liquidation.
Manages Flowerfield Industrial Park on Long Island and Cortlandt Manor Medical Center in Westchester County, New York. Tenants lease industrial, office, engineering, warehouse, professional, and medical space, providing base rent and reimbursements while the properties are prepared for sale.
Pursues subdivision, zoning, and site-plan entitlements to make the campuses more marketable to developers rather than developing them itself. The company operates as a liquidation vehicle, using proceeds to settle obligations and distribute remaining cash before dissolution. Execution depends on municipal approvals, the Flowerfield litigation and contract conditions, tenant renewals, and a buyer for Cortlandt; its remaining real estate consists solely of those New York properties.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $4.53T · Total debt $0 · Total assets $58.69T · Shareholders' equity $25.86T
- Revenue
- −$2.6K
- Operating income
- $19.4K
- Net income
- $0
No dividends on record.
| Institutions | 41.44% | 911.4K shares | |
|---|---|---|---|
| 13 holders · as of Jun 30, 2026 | |||
| Insiders | 1.38% | 30.4K shares | |
| 1 holder · as of Aug 27, 2025 | |||
| Other | 57.18% | 1.26M shares | |
| remainder | |||
2.20M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Towerview LLCInstitution | 15.37% | 338,107 | as of Jun 30, 2026 |
Gabelli Funds LLCInstitution | 9.72% | 213,825 | as of Jun 30, 2026 |
Gabelli & Co Investment Advisers, Inc.Institution | 7.87% | 173,084 | as of Jun 30, 2026 |
Star Equity Fund, LPInstitution | 7.13% | 156,774 | filed Oct 20, 2025 |
Bulldog Investors, LLPInstitution | 2.73% | 60,000 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Prologis
Local industrial and warehouse leasing around Long Island.
- Healthcare Realty
Direct Lower Westchester medical-office leasing alternative.
- Terreno Realty
New York metro infill industrial and flex-space rival.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Gyrodyne | $5.00 | −0.13% | $11.0M | — | — | — | — |
| Prologis | $135.72 | −0.07% | $126.78B | 30.3 | 39.2 | 13.8 | +7.5% |
| Healthcare Realty | $18.26 | −0.08% | $6.41B | — | 317.4 | 5.6 | −1.8% |
| Terreno Realty | $66.66 | +0.41% | $7.06B | 17.8 | 36.8 | 14.0 | +11.1% |
| Median | 24.1 | 39.2 | 13.8 | +7.5% |