secwatch.observer — SEC 8-K summary
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Issuer:     American Strategic Investment Co. (NYC)
CIK:        0001595527
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001628280-25-039113
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ASIC posts Q2 net loss of $41.7M, improves from $91.9M; revenue declines to $12.2M
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- Net loss attributable to common stockholders $41.7M ($16.39 per share) vs $91.9M ($36.48) in Q2 2024.
- Revenue from tenants $12.2M, down from $15.8M due to prior-year sale of 9 Times Square.
- Cash NOI $4.2M vs $7.4M; Adjusted EBITDA $0.4M vs $4.5M year-over-year.
- Portfolio occupancy flat at 82%; weighted-average lease term extended to 6.0 years from 5.4 years.
- All debt fixed-rate at 6.4% weighted-average interest; net debt to gross asset value 63.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595527/000162828025039113/0001628280-25-039113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595527/000162828025039113/nycr-20250808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-039113

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