---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-087491"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:23:46.820582+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Strategic Investment reports Q2 net loss $91.9M, sale of 9 Times Square for $63.5M

## Summary
- Q2 revenue $15.8M, net loss $91.9M (incl. $84.7M impairment), Adjusted EBITDA $4.5M up 50% YoY.
- Signed definitive agreement to sell 9 Times Square for $63.5M; expected net proceeds $13.5M to reduce leverage.
- Portfolio occupancy 85.9%; weighted-avg remaining lease term 6.3 years; top 10 tenants 81% investment grade.
- New leasing & license in Q2: 5,284 SF, $0.9M SLR; forward pipeline 25,771 SF, $1.2M SLR.
- Debt 88% fixed-rate at 4.9%; net leverage 55.9%; $49.5M loan at 9 Times Square matures Oct 2024.

## SEC filing metadata
- accession: 0001104659-24-087491
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000110465924087491/0001104659-24-087491-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000110465924087491/tm2421239d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-087491
- JSON: https://secwatch.observer/filing/0001104659-24-087491.json
- Plain text: https://secwatch.observer/filing/0001104659-24-087491.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.