Every 10-Q that American Strategic Investment Co. (NYC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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. reported a net loss of $8.3 million for the quarter and $16.1 million for the first half of 2026, substantially narrower than the prior-year losses, on tenant revenue of $14.7 million versus $24.5 million a year earlier. Operating cash flow for the first half was modestly positive at $0.2 million.
Total assets were $444.8 million and mortgage debt principal was $251.0 million, with stockholders’ equity of $52.9 million. The company recorded a $4.5 million gain related to the consensual foreclosure of 1140 Avenue of the Americas and carries a $113.2 million contract asset tied to debt extinguishment on that property.
Management disclosed that recurring losses, limited cash (unrestricted $2.4 million at June 30, 2026), current liabilities exceeding current assets, and loan defaults and accelerations, including a $140.0 million non‑recourse mortgage on 123 William Street maturing in March 2027, raise substantial doubt about the company’s ability to continue as a going concern. Several mortgages are in default or subject to cash sweep or foreclosure processes. On July 22, 2026, the NYSE notified the company that it had regained compliance with the exchange’s minimum market capitalization and equity requirements.
American Strategic Investment Co. reports a Q1 2026 net loss of $7.8 million, slightly improved from $8.6 million a year earlier, on sharply lower tenant revenue of $7.3 million versus $12.3 million. Real estate investments, net, were $305.1 million with mortgage debt of $249.7 million.
The company discloses that recurring losses, limited unrestricted cash of $2.5 million, current liabilities exceeding current assets, and upcoming maturities and defaults on non‑recourse mortgages raise “substantial doubt” about its ability to continue as a going concern. Equity declined to $57.1 million, and NYSE has flagged it for not meeting a $50 million market cap and equity standard.
The company is pursuing consensual foreclosure or resolution on certain properties, including 1140 Avenue of the Americas and 400 E. 67th Street/200 Riverside Blvd., and has a contract asset of $110.9 million tied to debt extinguishment once foreclosure completes. As of May 7, 2026, it had 2,919,885 Class A shares outstanding.
American Strategic Investment Co. (NYSE: NYC) reported Q3 2025 net income of $35.8 million, driven by a $44.3 million gain from the consensual foreclosure and loss of control of its 1140 Avenue of the Americas property. Revenue from tenants fell to $12.3 million from $15.4 million a year earlier as the Manhattan office portfolio continues to face lower rents and vacancies.
For the first nine months of 2025, the company still recorded a net loss of $14.5 million, though this is much improved from a $133.9 million loss in 2024, helped by lower impairment charges on several properties. Total assets declined to $448.1 million, with equity down to $71.4 million, reflecting impairments and losses.
Liquidity remains tight. Cash, cash equivalents and restricted cash were $10.4 million at September 30, 2025, of which about $3.4 million was unrestricted. Several mortgage loans on key properties are in default, subject to cash sweeps or acceleration, and 1140 Avenue of the Americas is in receivership. Management disclosed that these conditions raised substantial doubt about the company’s ability to continue as a going concern, but believes this is alleviated by plans to pay related-party fees in stock, sell at least one performing asset, and rely on potential loans from its external advisor.
American Strategic Investment Co. owns six Manhattan office-related properties totaling about 1.0 million rentable square feet and reports total assets of $463.99 million with consolidated real estate investments, net of depreciation, of $362.03 million. Cash and restricted cash totaled $12.8 million at June 30, 2025, of which $7.5 million was restricted by lenders.
Operations weakened: revenue from tenants was $12.22 million for the quarter (down from $15.75 million a year earlier) and the company reported a quarterly net loss of approximately $41.66 million and a six-month net loss of $50.25 million, or $16.39 and $19.80 per share (basic and diluted), respectively. Impairment charges materially affected results, including property-level write-downs (e.g., $7.1M at 1140 Avenue, $13.1M at 400 E. 67th/200 Riverside, $10.3M at 196 Orchard).
Liquidity and covenant pressure remain central: consolidated mortgage notes payable, net were $348.22 million, current consolidated mortgage liability ~$99.0 million, and certain loans are in default or subject to cash-sweep arrangements; foreclosure litigation and a receiver motion were filed relating to the 1140 Avenue loan. Management stated a plan to alleviate going concern doubt (paying certain fees in shares, selling a performing asset within 12 months, and potential lending from the Advisor) and concluded substantial doubt is alleviated based on that plan.