earnings
confidence high
sentiment negative
materiality 0.85
ASIC Q3 revenue $12.3M (-20% YoY); net income $35.8M on $44.3M foreclosure gain; $50M loan accelerated
American Strategic Investment Co.
2025-Q3 EPS reported
-$5.70
- Revenue $12.3M vs $15.4M Q3 2024; net income $35.8M (incl. $44.3M gain from 1140 Ave of Americas consensual foreclosure) vs net loss $34.5M.
- Cash NOI $5.3M vs $7.0M; Adjusted EBITDA $1.9M vs $4.2M; portfolio occupancy 80.9% with 6.2-yr avg lease term.
- Consensual foreclosure at 1140 Ave of Americas expected to close Q4 2025; eliminates $99.0M liability due July 2026; receiver appointed Sept 11.
- Nov 6, 2025: lender accelerated $50.0M loan on 400 E 67th St/200 Riverside after additional defaults; Company evaluating options, no assurance of resolution.