---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-116124"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:56:09.619493+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Strategic Investment Q3 net loss widens to $34.5M on $27.8M impairments

## Summary
- Revenue $15.4M, down from $16.0M YoY; net loss $34.5M vs $9.4M, driven by $27.8M non-cash impairments.
- Cash NOI grew to $6.8M from $6.5M; adjusted EBITDA fell to $3.1M from $3.4M.
- Portfolio occupancy 85.8% (up 70 bps YoY); weighted-average lease term 5.9 years.
- Definitive agreement to sell 9 Times Square; marketing two other properties for deleveraging.
- Net debt to gross asset value 60.1%; weighted-average interest rate 4.9%; cash $5.2M.

## SEC filing metadata
- accession: 0001104659-24-116124
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000110465924116124/0001104659-24-116124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000110465924116124/tm2427985d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-116124
- JSON: https://secwatch.observer/filing/0001104659-24-116124.json
- Plain text: https://secwatch.observer/filing/0001104659-24-116124.txt

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