---
schema_version: "secwatch.filing_event.v1"
accession: "0001595527-24-000004"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:40:38.997724+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ASIC posts Q4 net loss of $73.9M, includes office impairment; occupancy up to 86.7%

## Summary
- Q4 revenue $15.4M; net loss $73.9M ($32.27/sh) includes non-cash impairment on an office property.
- Full-year 2023 net loss $105.9M ($47.57/sh); revenue $62.7M; Adjusted EBITDA $11.9M.
- Q4 Core FFO negative $1.2M ($0.52/sh); FFO negative $1.5M ($0.65/sh).
- Portfolio occupancy 86.7% (up 400 bps YoY); 15 leases signed in 2023 totaling over 100k sq ft.
- All debt fixed-rate, 4.4% avg interest; net leverage 47.0%; $5.3M cash; 3.2yr weighted debt maturity.

## SEC filing metadata
- accession: 0001595527-24-000004
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000159552724000004/0001595527-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000159552724000004/nycr-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595527-24-000004
- JSON: https://secwatch.observer/filing/0001595527-24-000004.json
- Plain text: https://secwatch.observer/filing/0001595527-24-000004.txt

## Key facts
- Earnings Releases
  American Strategic Investment Co. reported the quarter and year ended December 31, 2023 results: revenue $15.4 million, net income Net loss attributable to common stockholders was $73.9 million or $32.27 per share, EPS $(0.65) per share.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $15.4 million
  - Net income: Net loss attributable to common stockholders was $73.9 million or $32.27 per share
  - EPS: $(0.65) per share
  - Result: reported results
  source text: York City, announced today its financial and operating results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 and Subsequent Events • Revenue was $15.4 million • Net loss attributable to common stockholders was $73.9 million or $32.27 per share including a non-cash impairment on an office property • Adjusted EBITDA of $3.4 million •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1595527/000159552724000004/0001595527-24-000004-index.htm

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