---
schema_version: "secwatch.filing_event.v1"
accession: "0001595527-23-000017"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:32:48.870977+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ASIC posts Q1 net loss of $11.8M; Cash NOI up 23% to $7.0M

## Summary
- Revenue $15.5M vs $15.6M in Q1 2022; net loss to common $11.8M ($5.77/diluted share).
- Cash NOI rose 23% YoY to $7.0M; portfolio occupancy improved to 84% from 82.7% QoQ.
- All debt fixed-rate at 4.4% weighted avg, no maturities through 2023; cash $8.8M.
- Collected 100% of cash rent due; 79% of top-10 tenants investment grade or implied.
- Core FFO negative $2.6M vs negative $2.2M in Q1 2022; FFO negative $4.8M.

## SEC filing metadata
- accession: 0001595527-23-000017
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000159552723000017/0001595527-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000159552723000017/nycr-20230512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595527-23-000017
- JSON: https://secwatch.observer/filing/0001595527-23-000017.json
- Plain text: https://secwatch.observer/filing/0001595527-23-000017.txt

## Key facts
- Earnings Releases
  American Strategic Investment Co. reported first quarter ended March 31, 2023 results: revenue $15.5 million, net income $11.8 million, EPS $5.77.
  - Period: first quarter ended March 31, 2023
  - Revenue: $15.5 million
  - Net income: $11.8 million
  - EPS: $5.77
  - Result: reported results
  source text: Revenue was $15.5 million compared to $15.6 million in the first quarter 2022 • Net loss attributable to common stockholders was $11.8 million, compared to $11.7 million in the first quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1595527/000159552723000017/0001595527-23-000017-index.htm

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