Nuveen New York Municipal Value Fund, Inc. (the Fund) is a closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and New York state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within the state of New York or certain United States territories. The Fund invests 80% of its net assets in New York municipal obligations. It may invest up to 20% of its net assets in unrated New York municipal obligations and up to 10% of its assets in New York municipal obligations. The Fund invests in sectors, such as consumer discretionary, consumer staples, education and civic organizations, financials, healthcare, housing/multifamily, long-term care, materials, transportation, utilities and water and sewer. The Fund's adviser is Nuveen Fund Advisors, Inc. and the sub-adviser is Nuveen Asset Management, LLC.