Highest-materiality recent filing
ASIC reports Q1 net loss of $7.8M; marketing sale of 123 William and 196 Orchard
Q1 2026 net loss of $7.8M on revenue from tenants of $7.3M; Adjusted EBITDA negative $1.1M.
ASIC Q1 revenue falls 40% to $7.3M; net loss narrows to $7.8M
Revenue from tenants $7.3M, down from $12.3M YoY, primarily due to 1140 Sixth Ave disposition.
NYC Q4 revenue falls 56% to $6.5M, net loss $6.7M; FY net loss improves to $21.2M
Q4 revenue $6.5M (down 56% from $14.9M); net loss $6.7M ($2.62/share) vs $6.7M ($2.60) prior year.
ASIC reschedules Q4/FY2025 earnings release and call to April 14, 2026
Earnings release and call moved from original date to April 14, 2026.
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.
Lender accelerates $50M loan on NYC properties after alleged defaults
Received Nov 6, 2025 notice from special servicer accelerating $50M loan; default interest at 4% above 4.516% per annum.
American Strategic Investment Co. agrees to foreclosure of 1140 Avenue of the Americas property
Subsidiary entered settlement on Sept 8, 2025 consenting to foreclosure and receiver for property securing $99M loan.
NYSE notifies American Strategic Investment Co. of non-compliance with continued listing standards
30-day avg market cap was ~$34.3M as of Aug. 25, 2025; below $50M minimum.
ASIC reports Q2 2025 net loss of $41.7M; cash NOI down 43% YoY; marketing two asset sales
Revenue from tenants $12.2M; net loss $41.7M includes $30.6M impairment; adjusted EBITDA $0.4M.
American Strategic Investment Co. Hosts Q2 2025 Earnings Conference Call
Conference call on August 8, 2025 covering Q2 ended June 30, 2025 results.
ASIC posts Q2 net loss of $41.7M, improves from $91.9M; revenue declines to $12.2M
Net loss attributable to common stockholders $41.7M ($16.39 per share) vs $91.9M ($36.48) in Q2 2024.
ASIC Q1 revenue down 21% to $12.3M; net loss widens to $8.6M
Revenue $12.3M vs $15.5M Q1 2024; decline from 9 Times Square sale.
ASIC reports Q4 net loss $6.7M, sells 9 Times Square for $63.5M, CEO resigning
Q4 2024 revenue $14.9M, net loss $6.7M; Cash NOI $6.4M (+2% YoY).
ASIC Q4 revenue $14.9M, net loss $6.7M; full year loss widens to $140.6M
Q4 revenue $14.9M (down from $15.4M YoY); net loss $6.7M vs $73.9M in Q4 2023.
American Strategic CEO Michael Anderson resigns; Nicholas Schorsch Jr. appointed successor
CEO Michael Anderson resigns for personal reasons effective after 2024 10-K filing and Q4 earnings call.
American Strategic Investment Co. closes sale of 9 Times Square property for $63.5M
Sold 9 Times Square Midtown Manhattan property for $63.5M gross purchase price on December 18, 2024.
American Strategic Investment sells 9 Times Square property for $63.5M
Gross purchase price $63.5 million; net cash proceeds ~$10.5 million after mortgage repayment and costs.
ASIC sets Dec 19 closing for $63.5M sale of 9 Times Square; expects ~$13.5M net proceeds
Contract sales price $63.5M for 9 Times Square; non-refundable deposit of $7M secured.
American Strategic Investment Q3 net loss widens to $34.5M on $27.8M impairments
Revenue $15.4M, down from $16.0M YoY; net loss $34.5M vs $9.4M, driven by $27.8M non-cash impairments.
American Strategic Investment signs $63.5M sale of 9 Times Square, reports Q3 net loss of $34.5M
Definitive agreement to sell 9 Times Square for $63.5M; expected net proceeds of $13.5M, closing Q4 2024.
American Strategic Investment reports Q2 net loss $91.9M, sale of 9 Times Square for $63.5M
Q2 revenue $15.8M, net loss $91.9M (incl. $84.7M impairment), Adjusted EBITDA $4.5M up 50% YoY.
ASIC Q2 net loss $91.9M includes $84.7M impairment; adj EBITDA up 49%, occupancy 85.9%
Net loss to common stockholders $91.9M ($36.48/share) vs $10.9M prior, driven by $84.7M non-cash impairment from pending 9 Times Square sale.
American Strategic Investment enters term sheet to sell 9 Times Square for $63.5M
Term sheet signed to sell 9 Times Square in Midtown Manhattan for $63.5 million.
Michael Anderson notified the board of directors (the “Board”) of American Strategic Investment Co. (the “Company”) that he intends to resign from his position as Chief Executive Officer (Principal Executive Officer) of the Company for personal reasons
the Board appointed Mr. Nicholas S. Schorsch, Jr. as the Chief Executive Officer (Principal Executive Officer) of the Company, effective on the effectiveness of Mr. Anderson’s resignation.
Max materiality 0.85 · Median 0.53 · Most common event earnings