American Strategic Investment Co. — Third Quarter 2026 Earnings Summary

American Strategic Investment Co. reported a net loss of $6.7 million for the third quarter of 2026, a significant decline from the $35.8 million net income recorded in the same period of 2025 due to the absence of a prior-year property disposition gain. Revenue for the quarter fell to $7.1 million from $12.3 million in 2025, primarily driven by the sale of 1140 Avenue of the Americas in the previous year. The company's portfolio, now consisting of five properties with a 74.0% occupancy rate, generated $3.5 million in cash net operating income and maintained a weighted-average remaining lease term of 6.0 years. Following the quarter, the company secured an extension and expansion lease with the State of New York at 123 William Street, increasing pro-forma occupancy at that location to approximately 75%.