American Strategic Investment Co. Files 8-K

TL;DR

ASIC filed an 8-K on 12/18/24 with Reg FD and financials. Formerly NYC REIT.

AI Summary

On December 18, 2024, American Strategic Investment Co. filed an 8-K report detailing a Regulation FD Disclosure and Financial Statements and Exhibits. The company, formerly known as New York City REIT, Inc., is incorporated in Maryland and operates as a Real Estate Investment Trust.

Why It Matters

This filing provides important updates and financial information for American Strategic Investment Co., which is crucial for investors to understand the company's current status and performance.

Risk Assessment

Risk Level: low — This is a routine filing of an 8-K report, which is standard for public companies and does not indicate any unusual or high-risk events.

Key Numbers

• 001-39448 — SEC File Number (Identifies the company's filing with the SEC)
• 46-4380248 — IRS Number (Company's tax identification number)

Key Players & Entities

• American Strategic Investment Co. (company) — Registrant
• New York City REIT, Inc. (company) — Former company name
• December 18, 2024 (date) — Date of earliest event reported
• Maryland (jurisdiction) — State of incorporation

FAQ

Key Financial Figures

• $0.01 — ch registered Class A common stock, $0.01 par value per share NYC New York St
• $63.5 million — was sold for a gross purchase price of $63.5 million. There were no material relationships,

Filing Documents

• tm2432046d1_8k.htm (8-K) — 28KB
• tm2432046d1_ex99-1.htm (EX-99.1) — 91KB
• 0001104659-24-131751.txt ( ) — 344KB
• nyc-20241218.xsd (EX-101.SCH) — 3KB
• nyc-20241218_def.xml (EX-101.DEF) — 26KB
• nyc-20241218_lab.xml (EX-101.LAB) — 36KB
• nyc-20241218_pre.xml (EX-101.PRE) — 25KB
• tm2432046d1_8k_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On December 18, 2024, ARCNYC570SEVENTH, LLC, a Delaware limited liability company (the " Seller ") and a wholly-owned subsidiary of American Strategic Investment Co. (the " Company "), consummated the sale of its 9 Times Square Midtown Manhattan property (the " Property ") to 9 Times Square Acquisitions, LLC, a Delaware limited liability company (the " Buyer "), pursuant to that certain Purchase and Sale Agreement, dated August 1, 2024, as amended on November 19, 2024, by and between the Seller and the Buyer. The Property was sold for a gross purchase price of $63.5 million. There were no material relationships, other than in respect of the sale of the Property, among the Seller and the Company, and their respective affiliates, on the one hand, and the Buyer and its affiliates on the other hand. Item 9.01 Financial Statements and Exhibits. (b) Pro forma financial information. The pro forma financial information of the Company as adjusted to give effect to the sale of the Property is presented in the unaudited pro forma consolidated financial statements filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference in this Item 9.01. (d) Exhibit No Description 99.1 Unaudited Pro Forma Consolidated Financial Statements 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. American Strategic Investment Co. Date: December 26, 2024 By: /s/ Michael Anderson Michael Anderson Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR