---
schema_version: "secwatch.filing_event.v1"
accession: "0001595527-24-000009"
form_type: "8-K"
ticker: "NYC"
cik: "0001595527"
company_name: "American Strategic Investment Co."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:43:34.354286+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# American Strategic Investment Co. Q1 net loss narrows to $7.6M; occupancy rises to 87.2%

## Summary
- Revenue flat at $15.5M; net loss improved to $7.6M from $11.8M YoY.
- Adjusted EBITDA grew to $2.9M from $2.5M; cash NOI steady at $7.0M.
- Portfolio occupancy up 320 bps to 87.2%; weighted-average lease term 6.3 years.
- 100% fixed-rate debt at 4.4% weighted-average interest rate; net debt/gross asset value 46.9%.
- Subsequent: amended Capital One loan maturity extension; plans to dispose of 9 Times Square property.

## SEC filing metadata
- accession: 0001595527-24-000009
- form_type: 8-K
- ticker: NYC
- cik: 0001595527
- company_name: American Strategic Investment Co.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595527/000159552724000009/0001595527-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595527/000159552724000009/nycr-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595527-24-000009
- JSON: https://secwatch.observer/filing/0001595527-24-000009.json
- Plain text: https://secwatch.observer/filing/0001595527-24-000009.txt

## Key facts
- Earnings Releases
  American Strategic Investment Co. reported first quarter ended March 31, 2024 results: revenue $15.5 million, net income $7.6 million, EPS $(3.28).
  - Period: first quarter ended March 31, 2024
  - Revenue: $15.5 million
  - Net income: $7.6 million
  - EPS: $(3.28)
  - Result: reported results
  source text: Revenue was consistent at $15.5 million for the first quarter of 2024 and 2023 • Net loss attributable to common stockholders improved to $7.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1595527/000159552724000009/0001595527-24-000009-index.htm

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