secwatch.observer — SEC 8-K summary
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Issuer:     American Strategic Investment Co. (NYC)
CIK:        0001595527
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001595527-23-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ASIC Q3 revenue $16.0M, net loss narrows to $9.4M; Core FFO -$0.48/sh
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- Revenue $16.0M vs $15.9M YoY; net loss improved to $9.4M from $11.1M.
- Cash NOI grew 4.9% to $6.5M; Adjusted EBITDA up 18% to $3.4M.
- Core FFO -$1.1M (-$0.48/share) vs -$1.9M (-$1.12/share) a year ago.
- Portfolio 85% occupied; 100% fixed-rate debt at 4.4% weighted-average interest.
- Cash $5.1M; net debt to gross asset value 41.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595527/000159552723000031/0001595527-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595527/000159552723000031/nycr-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001595527-23-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer