ASIC Q1 revenue falls 40% to $7.3M; net loss narrows to $7.8M

American Strategic Investment Co.

Revenue from tenants $7.3M, down from $12.3M YoY, primarily due to 1140 Sixth Ave disposition.
Net loss attributable to common stockholders $7.8M ($3.04/share) vs $8.6M ($3.39/share) in Q1 2025.
Cash NOI $2.9M vs $4.2M YoY; adjusted EBITDA negative $1.1M vs negative $0.8M.
Portfolio 76.4% leased, 5 properties; net debt to gross asset value 59.6% at 4.56% avg rate.
Advisor elected $1.9M in stock in April 2026 in lieu of cash advisory fees.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

American Strategic Investment Co. reported the quarter ended March 31, 2026 results: revenue $7.3 million, net income $7.8 million, EPS $(3.04).

Period: the quarter ended March 31, 2026
Revenue: $7.3 million
Net income: $7.8 million
EPS: $(3.04)
Result: reported results

Exact text from the filing

the five boroughs of New York City, announced today its financial and operating results for the third quarter ended March 31, 2026. First Quarter 2026 Highlights • Revenue was $7.3 million compared to $12.3 million in the first quarter of 2025, primarily related to the disposition of 1140 Avenue of the Americas in the prior year • Net loss attributable to common

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American Strategic Investment Co. filing history →

Source: SEC EDGAR

accession 0001628280-26-035305

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