American Strategic Investment Co. · NYSE:NYC
American Strategic Investment — Q1 2026 Earnings Presentation
19 slides from American Strategic Investment's earnings presentation, May 15, 2026
Slide 1: American Strategic Investment Co. First Quarter Investor Presentation
AMERICAN STRATEGIC INVESTMENT CO. First Quarter Investor Presentation 0 196 Orchard Street Retail Condominium - New York, NY_
Slide 2: First Quarter 2026 Highlights
First Quarter 2026 Highlights Manhattan focused real estate portfolio anchored by core commercial tenants and an attractive top 10 tenant base that is 69% Investment Grade(1)(2) High Quality Manhattan Focused Portfolio ✓ Portfolio Occupancy(1) of 76.4% with a weighted-average Remaining Lease Term(1)
Slide 3: First Quarter 2026 Portfolio Highlights
First Quarter 2026 Portfolio Highlights Real Estate portfolio features a diverse tenant mix across five mixed-use office and retail condominium buildings that are primarily located in Manhattan Portfolio Metrics Top 10 Tenants’ Credit Ratings(2) Metric ($ and SF in mm) Q1’26 Real Estate Investments,
Slide 4: Real Estate Portfolio Highlights
Real Estate Portfolio Highlights 3
Slide 5: Detailed Property Summary
Detailed Property Summary Diversified portfolio across five mixed-use office and retail assets that are primarily located in Manhattan with close proximity to major transportation hubs % of Real Estate Remaining % of (1) (2) Annualized Property Assets Occupancy Lease Term Portfolio Straight-Line ($
Slide 6: Top 10 Tenant Investment Grade Profile
Top 10 Tenant Investment Grade Profile Top 10 tenants(1) feature a balance of Investment Grade corporate tenants with core commercial businesses and government agencies Remaining Lease % of % of Space Tenant Credit Tenant Term Portfolio Portfolio Type Industry Rating(2) (in years) SLR SF Planned Par
Slide 7: Strategic Dispositions
Strategic Dispositions Ongoing Efforts To Streamline Portfolio Holdings & Diversify In the Future Highlights ✓ Continued the marketing process for the sale of 123 William Street and 196 Orchard Street ✓ Sales anticipated to generate significant proceeds and create excess cash reserves ✓ Proceeds exp
Slide 8: Financial Highlights
Financial Highlights 7
Slide 9: Capital Structure and Q1'26 Financial Results
Capital Structure and Q1’26 Financial Results Debt capital structure features limited near term debt maturities, 100% fixed-rate debt at a 4.5% weighted-average interest rate and Net Leverage(2) of 59.6% Key Capitalization Metrics ($ and shares in mm) Q1’26 100% fixed-rate Debt Maturity Schedule No
Slide 10: Key Capitalization Metrics
Key Capitalization Metrics Capital structure features limited near-term debt maturities, 100% fixed-rate debt and Net Leverage of 59.6%(1) Capital Structure Highlights 100% ASIC’s capital structure is composed of entirely fixed-rate mortgage debt, limiting Fixed-Rate adverse effects from rising inte
Slide 11: Management and Board of Directors
Management and Board of Directors 10
Slide 12: Experienced Management Team
Experienced Management Team Nicholas Schorsch, Jr. Chief Executive Officer ▪ Served as Chief Executive Officer since March 2025 ▪ Also serves as the Chief Operating Officer of AR Global Investments since 2015 ▪ Previously served as President of G&P Acquisition Corp, Executive Vice President at Ameri
Slide 13: Board of Directors
Board of Directors Michael Weil | Director and Executive Chairman ▪ Founding partner of AR Global and former Chief Executive Officer of ASIC Strong Corporate Governance ▪ Currently serves as CEO and Chairman of Global Net Lease (NYSE:GNL) ▪ Mr. Weil previously served as Executive Vice President of A
Slide 14: Appendix
Appendix 13
Slide 15: Definitions
Definitions Adjusted EBITDA: We define Adjusted EBITDA as EBITDA, as defined below, further excluding (i) impairment charges, (ii) interest income and other income or expense, (iii) gains or losses on debt extinguishment, (iv) equity-based compensation expense, (v) acquisition and transaction costs,
Slide 16: Reconciliation of Non-GAAP Metrics: Cash NOI
Reconciliation of Non-GAAP Metrics: Cash NOI Cash Net Operating Income (Cash NOI) Reconciliation Schedule For the Three Months Ended (in thousands) March 31, 2026 March 31, 2025 Net Loss (in accordance with GAAP) $ (7,775) $ (8,592) Depreciation & Amortization 2,520 3,591 Interest Expense 4,048 4,08
Slide 17: Legal Notices
Legal Notices 16
Slide 18: Important Additional Information and Where to Find It
Important Additional Information and Where to Find It References in this presentation to the “Company,” “we,” “us” and “our” refer to American Strategic Investment Co. (“ASIC”) and its consolidated subsidiaries. This presentation contains estimates and information concerning the Company's industry t
Slide 19: Forward Looking Statements
Forward Looking Statements This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any securities of American Strategic Investment Co. (“We”, “us”, “our” or the “Company”). Any offer or sale of securities will be made only by means of a prospectus and related
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