---
schema_version: "secwatch.filing_event.v1"
accession: "0001595527-23-000024"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:30:43.747989+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ASIC reports Q2 2023 revenue $15.8M, net loss improves to $10.9M, occupancy up to 85%

## Summary
- Revenue $15.8M vs $16.2M in Q2 2022; net loss -$10.9M improved from -$13.0M.
- Cash NOI grew 7.7% to $7.5M; Adjusted EBITDA over 200% increase to $3.0M from $0.9M.
- Portfolio occupancy 85% (up from 84% in Q1); executed 4 new leases for 26k sq ft and $1.5M annualized rent.
- Debt 100% fixed rate at 4.4% weighted average; no maturities through 2023; net debt to gross asset value 41.4%.
- Cash and equivalents $7.1M; FFO per share -$1.75 (improved from -$3.52 in Q2 2022).

## SEC filing metadata
- accession: 0001595527-23-000024
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000159552723000024/0001595527-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000159552723000024/nycr-20230811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595527-23-000024
- JSON: https://secwatch.observer/filing/0001595527-23-000024.json
- Plain text: https://secwatch.observer/filing/0001595527-23-000024.txt

## Key facts
- Earnings Releases
  American Strategic Investment Co. reported the second quarter ended June 30, 2023 results: revenue Revenue was $15.8 million, net income Net loss attributable to common stockholders improved to $10.9 million, EPS Net loss per common share (a) $ (4.77).
  - Period: the second quarter ended June 30, 2023
  - Revenue: Revenue was $15.8 million
  - Net income: Net loss attributable to common stockholders improved to $10.9 million
  - EPS: Net loss per common share (a) $ (4.77)
  - Result: reported results
  source text: New York City, announced today its financial and operating results for the second quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Event Highlights • Revenue was $15.8 million compare d to $16.2 million in the second quarter 2022 and $15.5 million in the first quarter 2023, as new leases began to commence • Net loss attributable to common stockholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1595527/000159552723000024/0001595527-23-000024-index.htm

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