---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-046768"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:41:46.178047+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ASIC reports Q1 net loss of $8.6M, Cash NOI falls to $4.2M from $7.0M YoY

## Summary
- Revenue from tenants $12.3M; net loss $(8.6M) vs $(7.6M) in Q1'24.
- Cash NOI $4.2M, down 40% from $7.0M in prior-year quarter.
- Portfolio occupancy 82.0%; top 10 tenants 77% investment grade.
- Marketing 123 William St and 196 Orchard St for sale; no debt maturities in 2025.
- 100% fixed-rate debt, weighted-average rate 4.4%, net leverage 57.9%.

## SEC filing metadata
- accession: 0001104659-25-046768
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000110465925046768/0001104659-25-046768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000110465925046768/tm2514497d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-046768
- JSON: https://secwatch.observer/filing/0001104659-25-046768.json
- Plain text: https://secwatch.observer/filing/0001104659-25-046768.txt

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