American Strategic Investment Co. (NYC): M&A transaction — American Strategic Investment Co. closes sale of 9 Times Square property for $63.5M

American Strategic Investment Co.

Sold 9 Times Square Midtown Manhattan property for $63.5M gross purchase price on December 18, 2024.
Buyer was 9 Times Square Acquisitions, LLC; no material relationships between parties.
Sale consummated by subsidiary ARCNYC570SEVENTH, LLC.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

American Strategic Investment Co. completed a disposition involving 9 Times Square Acquisitions, LLC for gross purchase price of $63.5 million (closed 2024-12-18).

Action: disposition
Counterparty: 9 Times Square Acquisitions, LLC
Consideration: gross purchase price of $63.5 million
Closing: 2024-12-18

Exact text from the filing

On December 18, 2024, ARCNYC570SEVENTH, LLC, a Delaware limited liability company (the " Seller ") and a wholly-owned subsidiary of American Strategic Investment Co. (the " Company "), consummated the sale of its 9 Times Square Midtown Manhattan property (the " Property ") to 9 Times Square Acquisitions, LLC, a Delaware limited liability company (the " Buyer "), pursuant to that certain Purchase and Sale Agreement, dated August 1, 2024, as amended on November 19, 2024, by and between the Seller and the Buyer. The Property was sold for a gross purchase price of $63.5 million.

View on SEC.gov

5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

American Strategic Investment Co. filing history →

Source: SEC EDGAR

accession 0001104659-25-002573

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.