American Strategic holders update ownership stakes

Accepted by SEC EDGAR 07/02/2026 - 05:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

American Strategic Investment Co. received an updated ownership filing as several affiliated entities submitted Amendment No. 24 to a Schedule 13D for its Class A common stock. The amendment reports that Nicholas S. Schorsch beneficially owns 2,120,646 shares, or 72.7% of the class, based on 2,919,885 shares outstanding as of May 7, 2026. Bellevue Capital Partners, LLC reports 2,094,087 shares, or 71.7%. Related entities including AR Global Investments, American Realty Capital III, New York City Special Limited Partnership, and New York City Advisors each report 1,012,467 shares, or 34.7%. The filing notes that on June 30, 2026, 251,703 fully-vested shares were issued to New York City Advisors, LLC as fees under the company’s 2020 Advisor Omnibus Incentive Compensation Plan.

Key Figures

Schorsch beneficial ownership: 2,120,646 shares Schorsch ownership percentage: 72.7% Bellevue Capital ownership: 2,094,087 shares +4 more

7 metrics

Schorsch beneficial ownership 2,120,646 shares Class A common stock; 72.7% of class

Schorsch ownership percentage 72.7% Class A common stock based on 2,919,885 shares outstanding

Bellevue Capital ownership 2,094,087 shares Class A common stock; 71.7% of class

AR Global and affiliates ownership 1,012,467 shares Per related entity; 34.7% of class

Shares outstanding basis 2,919,885 shares Class A common stock outstanding as of May 7, 2026

Advisor share issuance 251,703 shares Fully-vested shares issued June 30, 2026 to New York City Advisors, LLC

Edward M. Weil, Jr. holdings 109 shares Aggregate beneficial ownership; 0.0% of class

Key Terms

beneficially owned, Schedule 13D, fully-vested, Quarterly Report on Form 10-Q, +1 more

5 terms

beneficially owned financial

"11Aggregate amount beneficially owned by each reporting person 2,094,087.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Schedule 13D regulatory

"This Amendment No. 24 (the "Amendment") to amends and supplements the originally filed ... relating to the shares"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

fully-vested financial

"On June 30, 2026, 251,703 fully-vested shares of Class A common stock of the Issuer were issued"

Quarterly Report on Form 10-Q regulatory

"as of May 7, 2026 as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC"

A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.

2020 Advisor Omnibus Incentive Compensation Plan financial

"were issued pursuant to the 2020 Advisor Omnibus Incentive Compensation Plan of the Issuer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Amendment No. 24 to the Schedule 13D for NYC report?

Amendment No. 24 updates beneficial ownership of American Strategic Investment Co. Class A shares. It refreshes reported stakes for several related entities and individuals and incorporates new share issuance figures and ownership percentages based on 2,919,885 shares outstanding as of May 7, 2026.

How much of American Strategic Investment Co. does Nicholas S. Schorsch own?

Nicholas S. Schorsch is reported to beneficially own 2,120,646 shares, representing 72.7% of American Strategic Investment Co.’s Class A common stock. This percentage is calculated using 2,919,885 shares outstanding as of May 7, 2026, as disclosed in the filing.

What stake does Bellevue Capital Partners hold in American Strategic Investment Co. (NYC)?

Bellevue Capital Partners, LLC reports beneficial ownership of 2,094,087 shares of American Strategic Investment Co. Class A common stock. This position represents 71.7% of the class, based on 2,919,885 shares outstanding as of May 7, 2026, as cited in the filing.

Which entities share a 34.7% reported stake in American Strategic Investment Co.?

AR Global Investments, LLC, American Realty Capital III, LLC, New York City Special Limited Partnership, LLC, and New York City Advisors, LLC each report 1,012,467 shares, or 34.7% of American Strategic Investment Co. Class A common stock, using 2,919,885 outstanding shares as the calculation base.

What new share issuance is disclosed in the NYC Schedule 13D amendment?

The amendment discloses that on June 30, 2026, 251,703 fully-vested shares of Class A common stock were issued to New York City Advisors, LLC. These shares were granted under the 2020 Advisor Omnibus Incentive Compensation Plan as compensation for fees earned by the external advisor.

How many shares of American Strategic Investment Co. are used to calculate ownership percentages?

Ownership percentages in the amendment are calculated using 2,919,885 shares of Class A common stock outstanding. This share count is taken from American Strategic Investment Co.’s Quarterly Report on Form 10-Q, which reports outstanding shares as of May 7, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 24)

American Strategic Investment Co.

(Name of Issuer)

Class A common stock, $0.01 par value per share

(Title of Class of Securities)

649439304

(CUSIP Number)

Michael R. Anderson
Bellevue Capital Partners, LLC, 222 Bellevue Avenue
Newport, RI, 02840
212-415-6500

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

06/30/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

Bellevue Capital Partners, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,094,087.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,094,087.00

11

Aggregate amount beneficially owned by each reporting person

2,094,087.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

71.7 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

AR Global Investments, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,012,467.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,012,467.00

11

Aggregate amount beneficially owned by each reporting person

1,012,467.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

34.7 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

American Realty Capital III, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,012,467.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,012,467.00

11

Aggregate amount beneficially owned by each reporting person

1,012,467.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

34.7 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

New York City Special Limited Partnership, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,012,467.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,012,467.00

11

Aggregate amount beneficially owned by each reporting person

1,012,467.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

34.7 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

New York City Advisors, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,012,467.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,012,467.00

11

Aggregate amount beneficially owned by each reporting person

1,012,467.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

34.7 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

Nicholas S. Schorsch

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,120,646.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,120,646.00

11

Aggregate amount beneficially owned by each reporting person

2,120,646.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

72.7 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP Number(s): 649439304

1

Name of reporting person

Edward M. Weil, Jr.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 109.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 109.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

109.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A common stock, $0.01 par value per share
(b)	Name of Issuer: American Strategic Investment Co.
(c)	Address of Issuer's Principal Executive Offices: 222 Bellevue Avenue, Newport, RHODE ISLAND , 02840.
Item 1 Comment: This Amendment No. 24 (the "Amendment") to Schedule 13D amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the "SEC") on February 11, 2022 relating to the shares of Class A common stock, par value $0.01 per share (the "Class A Common Stock"), of American Strategic Investment Co. (f/k/a New York City REIT, Inc.), a Maryland corporation (the "Issuer"), as subsequently amended (the "Schedule 13D"). This Amendment updates the Schedule 13D to reflect certain recent transactions as reported under Item 5 below. Unless indicated otherwise, all items left blank remain unchanged and any items which are reported are deemed to amend and supplement the existing items in the Schedule 13D. Capitalized terms used herein without definition shall have the meaning set forth in the Original Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5 of the Schedule 13D is amended and supplemented by incorporating by reference the information set forth in boxes (11) and (13) of the cover pages to this Amendment for each of the Reporting Persons, and such information is incorporated herein by reference. The percentages reported herein are calculated based upon 2,919,885 outstanding shares of Class A Common Stock as of May 7, 2026 as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on May 15, 2026.
(b)	See Item 5(a).
(c)	On June 30, 2026, 251,703 fully-vested shares of Class A common stock of the Issuer were issued pursuant to the 2020 Advisor Omnibus Incentive Compensation Plan of the Issuer to, and in connection with fees earned by, New York City Advisors, LLC, the external advisor of the Issuer. In addition, please see Annex A for market transactions effected by the Reporting Persons in the last 60 days.
(d)	See Item 5(a).
(e)	See Item 5(a).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Bellevue Capital Partners, LLC

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026

AR Global Investments, LLC

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026

American Realty Capital III, LLC

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026

New York City Special Limited Partnership, LLC

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026

New York City Advisors, LLC

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026

Nicholas S. Schorsch

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026

Edward M. Weil, Jr.

Signature:	/s/ Matthew A. Lyons
Name/Title:	Attorney-in-Fact
Date:	07/02/2026