---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-131751"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2024-12-26T23:59:59+00:00"
generated_at: "2026-05-28T23:17:40.594599+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# American Strategic Investment sells 9 Times Square property for $63.5M

## Summary
- Gross purchase price $63.5 million; net cash proceeds ~$10.5 million after mortgage repayment and costs.
- $49.5 million mortgage held by Capital One repaid at closing.
- Prior impairments of $84.7M (Q2 2024) and $1.9M for selling costs removed from pro forma.
- Pro forma balance sheet shows total assets reduced by $51.9M post-disposition.
- Buyer is 9 Times Square Acquisitions, LLC; no material relationships between parties.

## SEC filing metadata
- accession: 0001104659-24-131751
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2024-12-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000110465924131751/0001104659-24-131751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000110465924131751/tm2432046d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-131751
- JSON: https://secwatch.observer/filing/0001104659-24-131751.json
- Plain text: https://secwatch.observer/filing/0001104659-24-131751.txt

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