Here are the 10-K annual reports from Alexander's Inc. (ALX) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ALX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALX filings page.
Alexander’s, Inc., a New York City–focused REIT, reports net income of $28.2 million for 2025, down from $43.4 million in 2024, and funds from operations of $63.0 million versus $78.0 million. The portfolio totals 2.45 million square feet with 94.6% commercial and 97.7% residential occupancy.
Bloomberg remains the dominant tenant, contributing $129.3 million, or about 61% of rental revenue. Home Depot’s 83,000-square-foot lease at 731 Lexington expired in early 2025, while Burlington and Marshalls relocated to Rego Park II, leaving Rego Park I vacant as the company negotiates a potential sale.
Alexander’s refinanced the $175 million Rego Park II mortgage at SOFR plus 2.00% through 2030 and restructured the $300 million 731 Lexington retail loan into senior and junior tranches maturing in 2035. Total mortgages payable were $836.7 million, representing a 46% debt-to-enterprise-value ratio.