American Strategic Investment Co. · NYSE:NYC
American Strategic Investment — Q4 2025 Earnings Presentation
20 slides from American Strategic Investment's earnings presentation, Apr 15, 2026
Slide 1: Fourth Quarter Investor Presentation
0 AMERICAN STRATEGIC INVESTMENT CO. Fourth Quarter Investor Presentation 196 Orchard Street Retail Condominium - New York, NY _
Slide 2: Fourth Quarter 2025 Highlights
1 Fourth Quarter 2025 Highlights 1) See appendix for a full description of capitalized terms and Non - GAAP reconciliations. 2) Refer to slide 6 – Top 10 Tenant Investment Grade Profile. Based on Annualized Straight - line Rent and on ratings information as December 31, 2025. For our purposes, inclu
Slide 3: Strategic Dispositions
2 2 Continued the marketing efforts for the sale of 123 William Street and 196 Orchard Street Strategic Dispositions 2 Highlights x Continued the marketing process for the sale of 123 William Street and 196 Orchard Street x The sale of 123 William Street and 196 Orchard Street are anticipated to gen
Slide 4: Fourth Quarter 2025 Portfolio Highlights
3 Fourth Quarter 2025 Portfolio Highlights Q4’25 Metric ($ and SF in mm) $382.5 Real Estate Investments, at Cost (1) 5 Number of Properties 0.7 Total Square Feet $28.6 Annualized Straight - line Rent 80.3% Occupancy 6.1 Years Weighted - Average Remaining Lease Term (3) 1) Not including acquired inta
Slide 5: Real Estate Portfolio Highlights
4 4 Real Estate Portfolio Highlights
Slide 6: Detailed Property Summary
5 5 Detailed Property Summary Note: Data as of December 31, 2025. 1) Figures represent real estate assets at cost. 2) Based on Annualized Straight - Line Rent as December 31, 2025. 3) Not including acquired intangible assets. % of Portfolio Square Feet % of Annualized Straight - Line Rent Remaining
Slide 7: Top 10 Tenant Investment Grade Profile
6 6 Note: Portfolio data as of December 31, 2025, unless otherwise noted. 1) Weighted based on Annualized Straight - Line Rent as of December 31, 2025. 2) Based on Annualized Straight - line Rent and on ratings information as of December 31, 2025. Includes both actual investment grade ratings of the
Slide 8: Active Portfolio Management
7 7 Active portfolio management drives lease renewals, in conjunction with corporate cost savings and strategic disposition initiatives to manage capital structure Active Portfolio Management 7 Portfolio Management Highlights x Completed the consensual foreclosure of 1140 Avenue of the Americas x El
Slide 9: Financial Highlights
8 Financial Highlights
Slide 10: Capital Structure and Q4'25 Financial Results
9 9 Capital Structure and Q4’25 Financial Results Note: We expect to fund our operating expenses and capital requirements over the next 12 months with cash on hand, cash gener ate d from operations and other potential sources. 1) See Definitions in the appendix for a full description. 2) Calculated
Slide 11: Key Capitalization Metrics
10 10 ASIC’s capital structure is composed of entirely fixed - rate mortgage debt, limiting adverse effects from rising interest rates No debt maturities in 2026 Favorable compared to prevailing interest rate markets Represents modest leverage profile Key Capitalization Metrics 10 Capital structure
Slide 12: Management and Board of Directors
11 11 Management and Board of Directors
Slide 13: Experienced Management Team
12 12 Experienced Management Team Christopher Chao Senior Vice President of Asset Management ▪ Responsible for asset management and leasing activity ▪ Former Asset Management and Acquisitions Director for Paramount Group, Inc., a 9 million square foot New York City office portfolio Michael LeSanto C
Slide 14: Board of Directors
13 13 Board of Directors Michael Weil | Director and Executive Chairman ▪ Founding partner of AR Global and former Chief Executive Officer of ASIC ▪ Currently serves as CEO and Chairman of Global Net Lease (NYSE:GNL) ▪ Mr. Weil previously served as Executive Vice President of AR Capital, where he su
Slide 15: Appendix
14 14 Appendix
Slide 16: Definitions
15 15 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 transac
Slide 17: Reconciliation of Non-GAAP Metrics: Cash NOI
16 16 Reconciliation of Non - GAAP Metrics: Cash NOI For the Three Months Ended December 31, 2024 December 31, 2025 (in thousands) $ (6,650) $ (6,696) Net Loss (in accordance with GAAP) 3,582 2,594 Depreciation & Amortization 4,311 4,087 Interest Expense - 2,305 Interest Expense associated with prop
Slide 18: Legal Notices
17 17 Legal Notices
Slide 19: Important Additional Information and Where to Find It
18 18 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”) an d i ts consolidated subsidiaries. This presentation contains estimates and information concerning the Company's in
Slide 20: Forward Looking Statements
19 19 Forward Looking Statements 19 This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any securities of American S tra tegic Investment Co. (“We”, “us”, “our” or the “Company”). Any offer or sale of securities will be made only by means of a prospectus
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