American Strategic Investment Co.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $22.0M
- Price
- $6.94
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.56%
- Volume
- 63.7K
About
American Strategic Investment Co. (ASIC) functions as a publicly traded Real Estate Investment Trust, managing a select portfolio of premium commercial properties. These assets are strategically located across New York City's five boroughs, with a particular focus on Manhattan. Its holdings comprise eight diversified office and retail condominium units. The firm boasts a strong tenant roster, featuring a balanced mix of prominent, investment-grade corporate entities and various government agencies. ASIC commenced operations on December 19, 2013, and is headquartered in Newport, Rhode Island.
Quick stats
Shares outstanding3.2M
Computed float1.1M
Float / shares36.0%
Key info
SectorReal Estate
IndustryREIT - Diversified
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001595527
AI Summary
AI-generated1/21
standardbullishearnings
American Strategic Investment Co. Announces Second Quarter 2026 Results
American Strategic Investment reported Q2 revenue of $7.3 million, down from $12.2 million in the prior year due to asset dispositions, while net loss narrowed significantly to $8.3 million from $41.7 million. Adjusted EBITDA grew to $2.4 million compared to $0.4 million a year ago, reflecting the impact of the company's capital prioritization strategy.
The company regained compliance with NYSE minimum market capitalization and stockholders' equity requirements, removing a near-term delisting risk. The portfolio maintained a weighted-average lease term of 6.1 years with 69% of rent from top tenants coming from investment-grade counterparties.
To preserve liquidity, the company paid approximately $4.0 million in advisory fees using common stock issuances in April and June. Net debt stood at $248.6 million, representing a 59.6% ratio to gross asset value.
Red flags
- Revenue declined year-over-year from $12.2 million to $7.3 million
- Advisor fees paid in common stock instead of cash to preserve liquidity