secwatch.observer — SEC 8-K summary
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Issuer:     American Strategic Investment Co. (NYC)
CIK:        0001595527
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001595527-22-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New York City REIT Q3 2022 net loss flat at $11.1M, FFO per share worsens to -$0.30
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- Revenue $15.9M (+~1% YoY); net loss to common stockholders unchanged at $11.1M ($0.80 per share).
- FFO per share -$0.30 (vs -$0.22 in Q3 2021); Core FFO per share -$0.14 (vs -$0.06).
- Cash NOI increased to $6.2M from $5.7M; collected 99% of original cash rent due (up from 92%).
- Portfolio occupancy 85%; 48K sq ft of new leasing/renewals; debt 100% fixed rate, 4.4% avg., no maturities until 2024.
- Liquidity: cash $7.4M, net debt/gross asset value 40.3%; 79% of top-10 tenant rent from investment-grade credits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595527/000159552722000032/0001595527-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595527/000159552722000032/nycr-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001595527-22-000032

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