---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-061824"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2026-05-15T11:45:38+00:00"
generated_at: "2026-05-15T11:50:42.108221+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ASIC reports Q1 net loss of $7.8M; marketing sale of 123 William and 196 Orchard

## Summary
- Q1 2026 net loss of $7.8M on revenue from tenants of $7.3M; Adjusted EBITDA negative $1.1M.
- Portfolio occupancy 76.4%; weighted-average remaining lease term 6.2 years; 69% of top 10 tenants investment grade.
- Marketing the sale of 123 William Street (73.8% occupied) and 196 Orchard Street (100% occupied) to generate excess cash.
- 100% fixed-rate debt with weighted-average interest rate of 4.56%; no maturities until 2027; net leverage 59.6%.
- Proceeds from dispositions expected to be deployed into higher-yielding investments beyond Manhattan real estate.

## SEC filing metadata
- accession: 0001104659-26-061824
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2026-05-15T11:45:38+00:00
- event_type: other_material
- sentiment: neutral
- 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/1595527/000110465926061824/0001104659-26-061824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000110465926061824/tm2614671d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-061824
- JSON: https://secwatch.observer/filing/0001104659-26-061824.json
- Plain text: https://secwatch.observer/filing/0001104659-26-061824.txt

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