Here are the 10-K annual reports from American Strategic Investment Co. (NYC) 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 NYC 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 NYC filings page.
American Strategic Investment Co., a Maryland corporation focused on New York City real estate, reports on a portfolio of five properties totaling 0.7 million rentable square feet as of December 31, 2025, excluding 1140 Avenue of the Americas, which is in consensual foreclosure.
The company shifted strategy away from a pure REIT model, revoked its REIT election effective January 1, 2023 and now operates as a taxable C corporation, supported by federal net operating loss carryforwards of $340.4 million fully reserved by a valuation allowance.
As of December 31, 2025, the portfolio was 80.3% occupied with a 6.1‑year weighted average remaining lease term, heavily concentrated in 123 William Street and several large tenants such as Planned Parenthood and Equinox. Liquidity is strained: cash and restricted cash fell to $8.0 million from $18.9 million year over year, the company carries $249.6 million of debt, is in covenant breach on $60.0 million of mortgages and has been notified of alleged defaults it is contesting. Cash traps on certain loans and the absence of cash dividends since March 2022 underscore funding and refinancing risk.