American Strategic Investment Co. Q2 net loss narrows to $8.3 million; revenue falls
American Strategic Investment Co. (NYSE: NYC) reported second-quarter 2026 results with revenue of $7.3 million, down from $12.2 million a year earlier, mainly due to the 2025 disposition of 1140 Avenue of the Americas. Its net loss narrowed to $8.3 million from $41.7 million, a period that included a $30.6 million impairment charge in 2025, and Adjusted EBITDA rose to $2.4 million from $0.4 million. Shareholders face lower rental revenue and a still-substantial net debt of $248.6 million, while the company said on July 22, 2026 that it had regained NYSE market capitalization and stockholders' equity compliance.
Key points
- Revenue was $7.3 million versus $12.2 million in Q2 2025, primarily reflecting the 1140 Avenue of the Americas disposition
- Net loss attributable to common stockholders was $8.3 million, or $3.04 per share, versus $41.7 million, or $16.39 per share, a year earlier
- Cash NOI was $3.1 million versus $4.3 million; the company held $2.4 million of cash and cash equivalents at June 30, 2026
- Net debt was $248.6 million, equal to 59.6% of gross asset value; on July 22, 2026 the NYSE said the company was back in compliance with its listing requirements
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.