Filed Pursuant to Rule 424(b)(3)
Registration No. 333-194135

AMERICAN REALTY CAPITAL NEW YORK CITY REIT, INC.
SUPPLEMENT NO. 17, DATED FEBRUARY 17, 2015,
TO THE PROSPECTUS, DATED APRIL 24, 2014

This prospectus supplement, or this Supplement No. 17, is part of the prospectus, or the Prospectus, of American Realty Capital New York City REIT, Inc., or the Company, dated April 24, 2014, as supplemented by Supplement No. 14, dated January 16, 2015, or Supplement No. 14, Supplement No. 15, dated January 29, 2015, or Supplement No. 15, and Supplement No. 16, dated February 4, 2015, or Supplement No. 16. This Supplement No. 17 supplements, modifies, supersedes and replaces certain information contained in our Prospectus, Supplement No. 14, Supplement No. 15 and Supplement No. 16 and should be read in conjunction with our Prospectus, Supplement No. 14, Supplement No. 15 and Supplement No. 16. This Supplement No. 17 will be delivered with the Prospectus, Supplement No. 14, Supplement No. 15 and Supplement No. 16. Unless the context suggests otherwise, the terms “we,” “us” and “our” used herein refer to the Company, together with its consolidated subsidiaries.

The purposes of this Supplement No. 17 are to:

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update our prospectus summary;

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update disclosure relating to management;

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replace Appendix C-1 — American Realty Capital New York City REIT, Inc. Subscription Agreement; and

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replace Appendix C-2 — Multi-Offering Subscription Agreement.

PROSPECTUS UPDATES

Prospectus Summary

The second sentence under the heading “What is the role of our board of directors?” on page 4 of the Prospectus, as updated by Supplement No. 14, is hereby deleted in its entirety and replaced with the following disclosure.

“We have three members of our board of directors, two of whom are independent of our sponsor and its affiliates.”

Management

The second sentence in the third paragraph under the heading “General” on page 82 of the Prospectus, as updated by Supplement No. 14, is hereby deleted in its entirety and replaced with the following disclosure.

“We have a total of three directors, including two independent directors.”

The table under the heading “Executive Officers and Directors” on page 84 of the Prospectus is hereby deleted in its entirety and replaced with the following table.


“Name	Age	Position(s)
William M. Kahane	66	Executive Chairman of the Board of Directors
Michael A. Happel	52	Chief Executive Officer, President and Secretary
Gregory W. Sullivan	60	Chief Financial Officer, Chief Operating Officer and Treasurer
Elizabeth K. Tuppeny	54	Independent Director
Abby M. Wenzel	54	Independent Director”

Mr. Cassato’s biography on page 88 of the Prospectus is hereby deleted in its entirety.

Subscription Agreements

The form of subscription agreement included as Appendix C-1 to this Supplement No. 17 hereby replaces in its entirety Appendix C-1 to the Prospectus, as included in Supplement No. 15.

The form of multi-offering subscription agreement included as Appendix C-2 to this Supplement No. 17 hereby replaces in its entirety Appendix C-2 to the Prospectus, as included in Supplement No. 14.