Logotype for American Strategic Investment Co

American Strategic Investment (NYC) investor relations material

American Strategic Investment Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for American Strategic Investment Co
Q2 2025 earnings summary8 Aug, 2025

Executive summary

  • Portfolio consists of six Manhattan office and retail properties totaling 1.0 million rentable square feet, with 82% occupancy as of June 30, 2025, and a weighted-average remaining lease term of 6.0 years, supported by lease renewals.

  • Top 10 tenants are 77% investment grade or implied investment grade, with a 7.5-year average remaining lease term.

  • Management is focused on tenant retention, cost efficiency, and active marketing of select properties for sale to unlock capital and reduce debt.

  • The company faces challenges from the post-pandemic office market, with leasing activity pressured and new leases signed at lower rates.

  • Two mortgages totaling $149.0 million are in default, with foreclosure litigation initiated on 1140 Avenue of the Americas.

Financial highlights

  • Q2 2025 revenue was $12.2 million, down from $15.8 million in Q2 2024, mainly due to the sale of 9 Times Square.

  • Net loss attributable to common stockholders was $41.7 million, compared to $91.9 million in Q2 2024, with impairment charges of $30.6 million in Q2 2025.

  • Adjusted EBITDA was $0.4 million, down from $4.5 million in Q2 2024.

  • Cash net operating income was $4.2 million, compared to $7.4 million in Q2 2024.

  • Interest expense increased to $7.9 million in Q2 2025, mainly due to default interest on loans.

Outlook and guidance

  • Management plans to use proceeds from property sales to retire debt and reinvest in higher-yielding, diversified assets, including outside Manhattan.

  • Operating expenses and capital requirements for the next 12 months are expected to be funded by cash on hand, operations, and other sources.

  • Management expects continued liquidity constraints and is implementing plans to pay related party fees in shares and sell a performing asset within 12 months.

  • Capital expenditures for 2025 are expected to be lower than 2024, but may change as needed.

  • Cash rent collections remain high at 98% for the six months ended June 30, 2025, but future collections are uncertain.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next American Strategic Investment earnings date

Logotype for American Strategic Investment Co
Q3 202511 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next American Strategic Investment earnings date

Logotype for American Strategic Investment Co
Q3 202511 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

American Strategic Investment Co. (ASIC), previously known as New York City REIT, Inc., is a publicly traded company that specializes in owning a portfolio of high-quality commercial real estate. The company's properties are primarily located within the five boroughs of New York City, focusing on strategic investments in commercial spaces. This focus allows ASIC to capitalize on the unique economic and cultural dynamics of New York City, catering to a diverse range of tenants and industries. American Strategic Investment Co. is headquartered in NYC and its shares are listed on the New York Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage