NYC

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EXHIBIT 99.1

FOR IMMEDIATE RELEASE

AMERICAN STRATEGIC INVESTMENT CO. ANNOUNCES FIRST QUARTER 2026 RESULTS

Company to Host Investor Webcast and Conference Call Today at 11:00 AM ET

New York, May 15, 2026 - American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the third quarter ended March 31, 2026.

First Quarter 2026 Highlights

•Revenue was $7.3 million compared to $12.3 million in the first quarter of 2025, primarily related to the disposition of 1140 Avenue of the Americas in the prior year

•Net loss attributable to common stockholders was $7.8 million, compared to net loss of $8.6 million in the first quarter of 2025

•Cash net operating income (“NOI”) was $2.9 million, compared to $4.2 million in the first quarter of 2025

•Adjusted EBITDA was negative $1.1 million, compared to negative $0.8 million in the first quarter of 2025

•Weighted-average remaining lease term(1) grew to 6.2 years from 6.1 years at the end of the fourth quarter

•69% of annualized straight-line rent from top 10 tenants(2) was derived from investment grade or implied investment grade(3) rated tenants with a weighted-average remaining lease term of 6.7 years

•Portfolio comprised of fixed and variable rate debt at a 4.6% weighted-average interest rate

CEO Comments

“Our performance in the quarter reflects the stability of our portfolio and the quality of our tenant base,” stated Nicholas Schorsch, Jr., CEO of ASIC. “We continue to make deliberate progress on asset dispositions and capital prioritization, and we remain focused on the actions we believe will generate the most durable long-term value for our shareholders.”

Financial Results

Three Months Ended March 31,

(In thousands, except per share data)20262025

Revenue from tenants$7,348 $12,308

Net income (loss) attributable to common stockholders$(7,775)$(8,592)

Net income (loss) per common share (1) $(3.04)$(3.39)

EBITDA $1,047 $(918)

Adjusted EBITDA$(1,119)$(832)

(1)All per share data based on 2,556,769 and 2,533,557 diluted weighted-average shares outstanding for the three months ended March 31, 2026 and 2025, respectively.

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Real Estate Portfolio

The Company’s portfolio consisted of five properties comprised of 0.7 million rentable square feet (excluding our 1140 Avenue of the Americas property, which is in a consensual foreclosure process) as of March 31, 2026. Portfolio metrics include:

•76.4% leased

•6.2 years remaining weighted-average lease term

•69% of annualized straight-line rent(4) from top 10 tenants derived from investment grade or implied investment grade tenants with 6.7 years of weighted-average remaining lease term

•Diversified portfolio, comprised of 28% government and public administration tenants, 15% retail tenants, 12% non-profit, 11% fitness and 34% all other industries, based on annualized straight-line rent

Capital Structure and Liquidity Resources

As of March 31, 2026, the Company had $2.5 million of cash and cash equivalents(5). The Company’s net debt(6) to gross asset value(7) was 59.6%, with net debt of $248.5 million.

All of the Company’s debt was fixed-rate as of March 31, 2026. The Company’s total combined debt had a weighted-average interest rate of 4.56%(8).

Advisor Payments Made with Common Stock Issuances in Lieu of Cash

In furtherance of the Company's strategy to prioritize and preserve operating capital, as previously disclosed, in April 2026, the Company’s external Advisor elected to receive shares of the Company’s Class A common stock in lieu of $1,910,169 in advisory fees accrued and payable under the Advisory Agreement through that date, which was approved by the Compensation Committee of the Company’s Board of Directors. The Company has previously issued shares of its Class A common stock in lieu of cash to its Advisor and Property Manager as part of its ongoing efforts to manage operating expenses and conserve liquidity.

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Footnotes/Definitions

(1)The weighted-average remaining lease term (years) is weighted by annualized straight-line rent as of March 31, 2026.

(2)Top 10 tenants based on annualized straight-line rent as of March 31, 2026.

(3)As used herein, investment grade includes both actual investment grade ratings of the tenant or guarantor, if available, or implied investment grade. Implied investment grade may include actual ratings of tenant parent, guarantor parent (regardless of whether or not the parent has guaranteed the tenant’s obligation under the lease) or by using a proprietary Moody’s analytical tool, which generates an implied rating by measuring a company’s probability of default. The term “parent” for these purposes includes any entity, including any governmental entity, owning more than 50% of the voting stock in a tenant. Ratings informati

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Document

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

AMERICAN STRATEGIC INVESTMENT CO. ANNOUNCES FOURTH QUARTER 2025 RESULTS

New York, April 15, 2026 - American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the fourth quarter and year ended December 31, 2025.

Fourth Quarter 2025 and Subsequent Events

•As the Company continues to refine its property holdings, the sale of 9 Times Square in the fourth quarter of 2024 and the disposition of 1140 Avenue of the Americas to its mortgage holders in the fourth quarter of 2025 impacted results

•Revenue was $6.5 million compared to $14.9 million for the fourth quarter of 2024 due, in part, to the disposition of properties

•Net loss attributable to common stockholders was $6.7 million or $2.62 per share, compared to net loss of $6.7 million, or $2.60 per share, in the fourth quarter of 2024

•Adjusted EBITDA was $1.2 million compared to $1.3 million in the fourth quarter of 2024

•Cash net operating income (“NOI”) was $1.8 million compared to $6.6 million in the fourth quarter of 2024

•69% of annualized straight-line rent from top 10 tenants(1) is derived from investment grade or implied investment grade(2) rated tenants with a weighted-average remaining lease term(3) of 6.9 years as of December 31, 2025

Full Year 2025 Highlights

•Revenue was $43.3 million compared to $61.6 million in 2024 due, in part, to the disposition of properties

•Net loss attributable to common stockholders was $21.2 million compared to $140.6 million in 2024

•Adjusted EBITDA was $0.3 million compared to $12.0 million in the full year 2024

•Cash NOI was $16.0 million compared to $27.6 million in 2024

•Portfolio occupancy of 80.3% with a weighted-average remaining lease term of 6.1 years as of December 31, 2025

•Completed 13 new leases totaling over 117,000 square feet and $20.4 million in straight-line rent

•Portfolio debt, as of December 31, 2025, is 100% fixed-rate with a 4.5% weighted-average interest rate and 1.5 years of weighted-average debt maturity

•Net leverage of 47.5% as of December 31, 2025

CEO Comments

“During the fourth quarter and throughout 2025, we continued to advance leasing across the portfolio while maintaining a stable occupancy profile supported by a high-quality, largely investment grade tenant base,” said Nicholas Schorsch, Jr., CEO of ASIC. “We believe the Company is increasingly well-positioned to execute ongoing efforts to dispose additional non-core assets and prioritize capital to better uses that enhance long-term shareholder value.”

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Financial Results

Three Months Ended December 31, Year Ended December 31,

(In thousands, except per share data)2025202420252024

Revenue from tenants$6,476 $14,889 $43,275 $61,570

Net loss attributable to common stockholders$(6,696)$(6,650)$(21,194)$(140,591)

Net loss per common share (a) $(2.62)$(2.60)$(8.32)$(56.51)

(1)Per share data is based on 2,556,449 and 2,557,080 basic weighted-average shares outstanding for the three months ended December 31, 2025 and 2024, respectively and 2,546,562 and 2,487,827 for the years ended December 31, 2025 and 2024, respectively.

Real Estate Portfolio

The Company’s portfolio consisted of five properties and comprised 0.7 million rentable square feet as of December 31, 2025. Portfolio metrics include:

•80.3% leased, compared to 80.8% at the end of fourth quarter 2024, with 6.1 years remaining weighted-average lease term

•69.0% of annualized straight-line rent(4) from top 10 tenants derived from investment grade or implied investment grade tenants

•67.3% office (based on an annualized straight-line rent)

Capital Structure and Liquidity Resources

As of December 31, 2025, the Company had $1.3 million of cash and cash equivalents(5). The Company’s net debt(6) to gross asset value(7) was 47.5%, with net debt of $249.7 million.

All of the Company’s debt was fixed-rate as of December 31, 2025. The Company’s total combined debt had a weighted-average interest rate of 4.5%(8).

The Company’s debt was a weighted-average debt maturity of 1.5 years.

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Footnotes/Definitions

(1)Top 10 tenants based on annualized straight-line rent as of December 31, 2025.

(2)As used herein, investment grade includes both actual investment grade ratings of the tenant or guarantor, if available, or implied investment grade. Implied investment grade may include actual ratings of tenant parent, guarantor parent (regardless of whether or not the parent has guaranteed the tenant’s obligation under the lease) or by using a proprietary Moody’s analytical tool, which generates an implied rating by measuring a company’s probability of default. The term “parent" for these purposes includes any entity, including any governmental entity, owning more than 50% of the vot