American Strategic Investment Co. · NYSE:NYC

American Strategic Investment — American Realty Capital New York City REIT — Q4 2015 Earnings Presentation

15 slides from American Strategic Investment's earnings presentation, March 2016

  1. Slide 1: Fourth Quarter Investor Presentation

    American Realty Capital New York City REIT, Inc. Publicly Registered Non-Traded Real Estate Investment Trust Fourth Quarter Investor Presentation

  2. Slide 2: Risk Factors and Forward-Looking Statements

    Risk Factors Risk Factors See the section entitled “Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 15, 2016 for a discussion of the risks which should be considered in connection with our company. Forward-Looking Sta

  3. Slide 3: Investment Thesis

    Investment Thesis  Focused on acquiring New York City commercial real estate A Public Non-Traded Real Estate Investment Trust*  3 Primary objectives*: - Preserve and protect capital - Pay monthly stable cash distributions; and - Increase the value of assets in order to generate capital appreciatio

  4. Slide 4: New York City Market Trends

    New York City Market Trends NYC Employment Trends (1) NYC Population at Record High (3) 9.50 9.1 8.9 9.00 8.7 8.5 8.4 8.50 8.2 8.0 8.00 7.50 7.00 6.50 6.00 5.50 5.00 2000 2005 2010 2015 2020 2025 2030 NYC population is at record high and forecasted to reach 9.1mm people in 2030 Manhattan Office Mark

  5. Slide 5: Q4 2015 Highlights

    Q4 2015 Highlights  Increased occupancy from 86.2% in Q3 2015 to 89.2% in Q4 2015  Approximately ~25,000 square feet of net leasing activity in the 4th quarter  Cash NOI (1) increased approximately 16% from $2.46 million in Q3 2015 to $2.86 million in Q4 2015  Leverage remains low at 17% debt /

  6. Slide 6: Subsequent Event: 1140 Ave of the Americas

    Subsequent Event: 1140 Ave of the Americas 1140 Avenue of the Americas • On March 18, 2016, ARC NYCR entered into an agreement of purchase and sale to acquire the leasehold interest in an institutional-quality office building located at 1140 Avenue of the Americas in Manhattan. • The contract purcha

  7. Slide 7: Portfolio Snapshot

    Portfolio Snapshot  5 properties consisting of 841,868 square feet  89.2% occupancy as of 12/31/2015  Weighted average remaining lease term of 7.8 years Rentable Occupancy Remaining Acquisition Number of Lease Term Asset S quare (as of Debt Date Properties (1) Feet 12/31/2015) (Years) Unencumbere

  8. Slide 8: Balance Sheet Snapshot

    Balance Sheet Snapshot  Strong balance sheet  Low leverage (17% debt/cost ratio)* $ amounts in 000’s Q3 2015 Q4 2015 Total Real Estate Investments (at Cost) 544,596 550,369 Cash (1) 192,947 182,700 ~$183 Million Cash Other Assets (2) 3,725 (3,830) Total Assets 741,268 729,239 Mortgage Notes Payabl

  9. Slide 9: Key Initiatives

    Key Initiatives  Finish deployment of capital (another $400 to $600 million of acquisitions to reach full deployment)  Focus on leasing upside at 9 Times Square  Report third-party NAV per share no later than October 2016 American Realty Capital New York City REIT, Inc. 9

  10. Slide 10: Experienced NYCR Management Team and Board of Directors

    Experienced NYCR Management Team and Board of Directors Michael Weil Lee Elman Elizabeth Tuppeny Abby Wenzel Independent Director Executive Chairman Independent Director Independent Director & Audit Chair Nicholas Radesca Michael Ead Joseph Metzinger Michael Happel Interim CFO and Treasurer Senior V

  11. Slide 11: Cash NOI Reconciliation

    Cash NOI Reconciliation  Below is a reconciliation from net loss, the most directly comparable GAAP financial measure, to Cash NOI. Three Months Ended (In thousands) September 30, 2015 December 31, 2015 Net loss (in accordance with GAAP) $ (2,305) $ (4,059) Acquisition and transaction-related - 3 D

  12. Slide 12: Cash NOI Reconciliation (cont.)

    Cash NOI Reconciliation (cont.)  Cash net operating income ("Cash NOI") is a non-GAAP financial measure equal to net income (loss), the most directly comparable GAAP financial measure, less income from investment securities and interest, plus general and administrative expenses, acquisition and tra

  13. Slide 13: Risk Factors

    Risk Factors There are risks associated with an investment in American Realty Capital New York City REIT, Inc. The following is a summary of some of these risks. See the section entitled “Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange C

  14. Slide 14: Risk Factors (continued)

    Risk Factors (continued)  Because investment opportunities that are suitable for us may also be suitable for other AR Global-advised programs or investors, our Advisor and its affiliates may face conflicts of interest relating to the purchase of properties and other investments and such conflicts m

  15. Slide 15: Account information and contact details

     For account information, including balances and the status of submitted paperwork, please call us at (866) 902-0063  Financial Advisors may view client accounts, statements and tax forms at www.dstvision.com  Shareholders may access their accounts at www.ar-global.com www.newyorkcityreit.com ALL

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