Companies ›Real Estate ›NYC

NYC — NYSE Real Estate Investment Trusts

American Strategic Investment Co.

$8,93

Open in Charts → Attach watcher ⌖

— —

USD

Set alert

LatestUber and Lyft win federal court block on NYC driver deactivation law

Last 30 days

1D5D1M3M6MYTD1Y5YMax

Live price chart loads from the market-data widget.

Mcap

22,8M USD

P/E

—

EV / Rev

—

Div yield

—

Op margin

—

ROE

-13,6 %

Net margin

—

Debt / equity

—

Beta

—

52w range

—

Volume

—

Day range

—

Prev close

$8,13

Open

—

Next earnings

2026-10-28

Ex-dividend

—

TR 1Y

—

About

American Strategic Investment Co. operates as an equity REIT focused on commercial real estate investments, generating revenue primarily through rental income from its property portfolio.

Business. American Strategic Investment Co. operates as an equity REIT focused on commercial real estate investments, generating revenue primarily through rental income from its property portfolio.

Classification98 %

SectorReal Estate

Business sectorReal Estate Investment & Services

Industry groupResidential & Commercial REITs

IndustryReal Estate Investment Trusts

ActivityEquity REITs

Generated · model-assisted

Sell-side consensus

—consensus pending

— buy— hold— sell

Avg 12m price target—

Upcoming events

EarningsQ3 2026 earnings (expected)2026-10-28 · estimated

See all catalysts →

At a glance

Score

—

not yet scored

Valuation

—

valuation pending

Analysts

—

not yet wired

Ownership→

Geode Capital Management, L.L.C.

largest disclosed fund holder

Profitability→

-13,6 %

return on equity

Quality

—

not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

MARKETSUber and Lyft win federal court block on NYC driver deactivation law2026-07-22

MARKETSNYC Mayor Mamdani urges US federal action on Netanyahu ICC warrant2026-07-22

MARKETSSuspect in custody after explosion outside NYC federal building2026-07-20

MARKETSNYC horse carriage ban bill renamed 'Romanch's Law' after teen's death2026-06-23

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,6 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary+0,4 %+7,6 %−0,2 %

Financials−0,3 %−2,8 %−0,9 %

Consumer Staples−0,4 %+2,5 %−1,0 %

Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to NYC. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Company
EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
Macro
Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · 2026-07-22

Composite-score breakdown

Synthesis

Business

American Strategic Investment Co. operates as an equity REIT focused on commercial real estate investments, generating revenue primarily through rental income from its property portfolio.

Classification98 %

SectorReal Estate

Business sectorReal Estate Investment & Services

Industry groupResidential & Commercial REITs

IndustryReal Estate Investment Trusts

ActivityEquity REITs

AI synthesis

GENERATED

## Capital Structure and Liquidity American Strategic Investment Co. (NYC) exhibits a highly leveraged capital structure with total liabilities of $387.9 million against total equity of $57.1 million as of Q1 2026. The company's liquidity position is flagged as high risk, with cash and equivalents at only $2.5 million. The price-to-book ratio of 0.39 and price-to-tangible-book ratio of 0.39 indicate significant undervaluation relative to its book value. The negative operating cash flow of -$182,000 further exacerbates liquidity concerns.

## Profitability and Returns The company's profitability is severely challenged, with a net loss of $7.8 million and operating loss of $1.5 million in Q1 2026. Return on equity (ROE) is -13.62%, and return on assets (ROA) is -1.75%, both well below industry benchmarks for REITs. The EV/EBITDA ratio is negative at -12.22, reflecting the company's inability to generate positive earnings before interest, taxes, depreciation, and amortization.

## Segments and Geographic Exposure The company's revenue is concentrated in a few commercial properties, including A123 William Street, A9 Times Square, and A400 E. 67th Street. These properties are located in New York City, exposing the company to regional economic and regulatory risks. The lack of geographic diversification increases vulnerability to local market downturns.

## Growth Trajectory The company's growth trajectory is negative, with declining operating and net income. The advisor's willingness to lend funds for liquidity requirements introduces uncertainty about future financial stability. Historical revenue data is not provided, but the current financial performance suggests a contraction rather than growth.

## Risk Factors Key risk factors include the company's going-concern status, as management has raised substantial doubt about its ability to continue as a going concern within one year. The risk assessment flags dilution as medium, with source documents mentioning dilution or offering risks. The advisor's potential financial support is a mitigating factor but does not eliminate the risk of further dilution.

## Recent Events Recent filings include backfilled data on current liabilities and intangible assets. The company has issued promissory notes and engaged in property management and leasing agreements. The advisor's willingness to lend funds for liquidity requirements is a recent development that could impact the company's capital structure.

Key takeaways

The company is in a severe liquidity crisis with a negative net income and operating cash flow.
The high debt-to-equity ratio and negative ROE/ROA indicate poor financial health.
Revenue concentration in New York City properties increases regional risk exposure.
The going-concern status and potential dilution pose significant risks to investors.

Bull / Bear case

analysis pipeline

— missing data

In focus — financials by report

Quarterly

Annual

QUARTERLYFiled 2026-03-31

Q4 2025 · Quarter highlights

Operating income -$1.5M.

Revenue—

Operating income-$1.5M

Net income-$7.8M

Free cash flow—

EPS—

Operating cash flow-$182.0k

Financials

Income statement

Revenue—

Gross profit—

Operating income-$1.5M

Net income-$7.8M

Balance sheet

Total assets$445.0M

Total liabilities$387.9M

Total equity$57.1M

Cash & equivalents$2.5M

Long-term debt—

Cash flow

Operating cash flow-$182.0k

CapEx—

Free cash flow—

SBC$91.0k

Highlights

▍Operating income -$1.5M

Valuation FY

Market price

$8,93

Market cap

$20.5M

Enterprise valueⓘ

$18.0M

P/Eⓘ

—

Non-GAAP P/Eⓘ

—

EV / Revenueⓘ

—

EV / Op incomeⓘ

4.1x

EV / OCFⓘ

—

P / Bⓘ

0.4x

P / Tangible bookⓘ

0.4x

Tangible book

$53.0M

Net cashⓘ

$2.5M

Current ratioⓘ

—

Debt / equityⓘ

—

ROAⓘ

-1.8%

ROEⓘ

-13.6%

Cash conversionⓘ

2.0%

CapEx / revenueⓘ

—

SBC / revenueⓘ

—

Dilution ratioⓘ

-5.1%

Revenue by segment

Building Operations & Experience—

low · business_description · 2026-07-04

Parking & Ancillary Services—

low · business_description · 2026-07-04

Business relationships

Business relationships10 disclosed relationships · 1 type · extracted from filings & disclosures

Subsidiaries10

EX21:38c08b1da4c1EX21:38c08b1da4c1Subsidiarie97%

EX21:532161b5020fEX21:532161b5020fSubsidiarie97%

EX21:54286f9037e0EX21:54286f9037e0Subsidiarie97%

EX21:5df951763b53EX21:5df951763b53Subsidiarie97%

EX21:63fc14e1fee9EX21:63fc14e1fee9Subsidiarie97%

EX21:6aa8baf5930dEX21:6aa8baf5930dSubsidiarie97%

EX21:77afc2f795bcEX21:77afc2f795bcSubsidiarie97%

EX21:ab0d8633b45dEX21:ab0d8633b45dSubsidiarie97%

EX21:bbbc5c2ec081EX21:bbbc5c2ec081Subsidiarie97%

EX21:f28cf37a011fEX21:f28cf37a011fSubsidiarie97%

Supply chain

— missing data

Peer comparison

— missing data

Market position

Stress test

— missing data

Predictor forecast

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

— missing data

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

— missing data

Themes

— missing data

ESG

— missing data

Risk factors

Dilution riskMedium

Liquidity riskHigh

Filing-based flags

Filings reference going-concern or substantial-doubt language.
Source documents mention dilution or offering risk.

Benchmarks vs cohort

ROE-13,6 %Bottom quartile

D/E0,00Above median

Cash Conv0,02Below median

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

Ask Handelsavisen

— missing data

Data sources

Market data
Regulatory filings
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Return On Equity
net_income / total_equity
Price To Book
market_price / (adjusted_book_value / shares_outstanding_diluted)
Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Market Price
input from market-data provider (delayed close or quote-shim mid)
Market Cap
market_price * shares_outstanding_diluted
Net Cash
cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt

Source documents

American Strategic Investment Co. company facts · 2026-05-28
American Strategic Investment Co. 10-Q 2026-05-15 · 2026-05-28
American Strategic Investment Co. 10-K 2026-04-15 · 2026-05-28
American Strategic Investment Co. 10-Q 2025-11-19 · 2026-05-28
American Strategic Investment Co. 10-Q 2025-08-08 · 2026-05-28

Ownership & reference

Top holders

Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$0M
UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M
Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M

Insider activity

Net buying65 buys · 0 sellsnet $719K4 insiders · last 365d

Weil Edward M Jr.Director · Class A Common StockOther 300 000 · 2026-07-07
SCHORSCH NICHOLAS S10% owner · Class A common stockOther 300 000 · 2026-07-07
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 8 000 @ $9,53$76K · 2026-06-30
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 5 000 @ $9,27$46K · 2026-06-29
SCHORSCH NICHOLAS S10% owner · Class A common stockOther 251 703 @ $8,37$2,1M · 2026-06-26
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 000 @ $8,39$8K · 2026-06-25
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 000 @ $8,26$8K · 2026-06-24
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 000 @ $8,30$8K · 2026-06-23
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 500 @ $7,85$12K · 2026-06-22
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 500 @ $8,29$12K · 2026-06-15
SCHORSCH NICHOLAS S10% owner · Class A common stockOther 232 098 @ $8,23$1,9M · 2026-04-24
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 664 @ $11,58$19K · 2026-01-30
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 664 @ $11,15$19K · 2026-01-29
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 664 @ $11,73$20K · 2026-01-28
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 664 @ $10,53$18K · 2026-01-27
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 365 @ $10,38$14K · 2026-01-23
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 365 @ $10,59$14K · 2026-01-22
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 365 @ $10,77$15K · 2026-01-21
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 365 @ $10,55$14K · 2026-01-20
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 224 @ $10,24$13K · 2026-01-16
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 224 @ $10,02$12K · 2026-01-15
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 224 @ $9,85$12K · 2026-01-14
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 224 @ $9,60$12K · 2026-01-13
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 1 224 @ $9,25$11K · 2026-01-12
SCHORSCH NICHOLAS S10% owner · Class A common stockBought 968 @ $9,24$9K · 2026-01-09

Short positioning

6.4Kshares short+9.7% vs prior

1days to cover

48.0%short of daily vol

1.1Kfails-to-deliver

as of 2026-07-15 · short-interest report (free)

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

NYCCanonical

NYSE · USD

Intel & risk

peak dispatch · 2026-07-22

OSINT findings

Dilution riskMedium

Liquidity riskHigh

Filings reference going-concern or substantial-doubt language.

Source documents mention dilution or offering risk.

Relationship graph

This companySectorSubsidiaries

Evidence & claims

From filings & derived data

Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -9.7%Derived (calculated)
Total assets (YoY) (2025-12-31 vs 2024-12-31): -12.2%Derived (calculated)
EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 85.3%Derived (calculated)
Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -86.7%Derived (calculated)
Operating income (YoY) (2025-12-31 vs 2024-12-31): 103.6%Derived (calculated)
EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 85.3%Derived (calculated)
Debt-to-equity (FY 2025-12-31): 5.87xDerived (calculated)
Return on assets (FY 2025-12-31): -4.8%Derived (calculated)
Return on equity (FY 2025-12-31): -32.7%Derived (calculated)
Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -24.3%Derived (calculated)
Net income (YoY) (2025-12-31 vs 2024-12-31): 84.9%Derived (calculated)
Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -93.9%Derived (calculated)
Cash & equivalents (annual): USD 1.3MSEC XBRL filing
Operating income (annual): USD 4.4MSEC XBRL filing
EPS (basic) (annual): USD-PER-SHARES -8SEC XBRL filing
Operating cash flow (annual): USD -7.75MSEC XBRL filing
Shares outstanding (annual): 2.69MSEC XBRL filing
Shareholders' equity (annual): USD 64.76MSEC XBRL filing
Total assets (annual): USD 445.16MSEC XBRL filing
Net income (annual): USD -21.19MSEC XBRL filing
Total liabilities (annual): USD 380.4MSEC XBRL filing
EPS (diluted) (annual): USD-PER-SHARES -8SEC XBRL filing
Pre-tax income (annual): USD -21.19MSEC XBRL filing
Revenue (YoY) (2024-12-31 vs 2023-12-31): -100.0%Derived (calculated)

Showing 24 of 60 surfaced claims.

Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

The Thread

Everything we know, in order

2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date

2026-07-22 15:26 UTCNEWSUber and Lyft win federal court block on NYC driver deactivation law →

2026-07-22 06:07 UTCNEWSNYC Mayor Mamdani urges US federal action on Netanyahu ICC warrant →

2026-07-20 14:29 UTCNEWSSuspect in custody after explosion outside NYC federal building →

2026-07-07INSIDERWeil Edward M Jr. transacted 300.0k sh Class A Common Stock — Director

2026-07-07INSIDERSCHORSCH NICHOLAS S transacted 300.0k sh Class A common stock — 10% owner

2026-06-30INSIDERSCHORSCH NICHOLAS S bought 8.0k sh Class A common stock — 10% owner ~$76k

2026-06-29 00:00 UTCINSIDER7 insider transactions — 2026-06 · net buy $2.2M

2026-06-29INSIDERSCHORSCH NICHOLAS S bought 5.0k sh Class A common stock — 10% owner ~$46k

2026-06-26INSIDERSCHORSCH NICHOLAS S transacted 251.7k sh Class A common stock — 10% owner ~$2.11M

2026-06-25INSIDERSCHORSCH NICHOLAS S bought 1.0k sh Class A common stock — 10% owner ~$8k

2026-06-24INSIDERSCHORSCH NICHOLAS S bought 1.0k sh Class A common stock — 10% owner ~$8k

2026-06-23 10:49 UTCNEWSNYC horse carriage ban bill renamed 'Romanch's Law' after teen's death →

2026-06-23INSIDERSCHORSCH NICHOLAS S bought 1.0k sh Class A common stock — 10% owner ~$8k

2026-06-22INSIDERSCHORSCH NICHOLAS S bought 1.5k sh Class A common stock — 10% owner ~$12k

2026-06-15INSIDERSCHORSCH NICHOLAS S bought 1.5k sh Class A common stock — 10% owner ~$12k

2026-06-03FILINGFORM 8-K →

2026-05-15FILINGFORM 8-K →

2026-05-15FILING10-Q filing →

2026-05-15FILINGFORM 8-K →

2026-05-15FILING8-K filing →

2026-05-08FILINGFORM 8-K →

2026-05-01FILINGFORM 8-K →

2026-04-24 00:00 UTCINSIDER1 insider transaction — 2026-04 · net buy $1.9M

2026-04-24INSIDERSCHORSCH NICHOLAS S transacted 232.1k sh Class A common stock — 10% owner ~$1.91M

2026-04-23FILINGDEF 14A filing →

2026-04-15FILING10-K filing →

2026-04-15FILINGFORM 8-K →

2026-04-15FILING8-K filing →

2026-03-31EARNINGSQuarterly results — Q4 2025 Net USD -7.8M

2026-01-30 00:00 UTCINSIDER19 insider transactions — 2026-01 · net buy $243k

2026-01-30INSIDERSCHORSCH NICHOLAS S bought 1.7k sh Class A common stock — 10% owner ~$19k

2026-01-29INSIDERSCHORSCH NICHOLAS S bought 1.7k sh Class A common stock — 10% owner ~$19k

2026-01-28INSIDERSCHORSCH NICHOLAS S bought 1.7k sh Class A common stock — 10% owner ~$20k

2026-01-27INSIDERSCHORSCH NICHOLAS S bought 1.7k sh Class A common stock — 10% owner ~$18k

2026-01-23INSIDERSCHORSCH NICHOLAS S bought 1.4k sh Class A common stock — 10% owner ~$14k

2026-01-22INSIDERSCHORSCH NICHOLAS S bought 1.4k sh Class A common stock — 10% owner ~$14k

2026-01-21INSIDERSCHORSCH NICHOLAS S bought 1.4k sh Class A common stock — 10% owner ~$15k

2026-01-20INSIDERSCHORSCH NICHOLAS S bought 1.4k sh Class A common stock — 10% owner ~$14k

Showing the 40 most recent of 56 entries.

The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation FY

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Top holders

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread