Schedule III: Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III: Real Estate and Accumulated Depreciation


ALEXANDER’S, INC. AND SUBSIDIARIES
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2025
(Amounts in thousands)

COLUMN A			COLUMN B						COLUMN C												COLUMN D						COLUMN E																								COLUMN F						COLUMN G						COLUMN H						COLUMN I
																											Gross Amount at Which																																										Life on which Depreciation in Latest Income Statement is Computed
									Initial Cost to Company(1)												Costs Capitalized Subsequent to Acquisition						Carried at Close of Period																								Accumulated Depreciation and Amortization
															Buildings and Leasehold Improvements																		Buildings and Leasehold Improvements						Development and Construction In Progress
																																																									Date of Construction						Date Acquired(1)
Description			Encumbrances(2)						Land																		Land																		Total(3)
Rego Park I			$	—					$	1,647					$	8,953					$	92,735					$	1,647					$	99,538					$	2,150					$	103,335					$	51,777					1959						1992						3-39 years
Rego Park II			175,000						3,127						1,467						420,795						3,127						422,262						—						425,389						159,224						2009						1992						3-40 years
The Alexander apartment tower			94,000						—						—						115,501						—						115,501						—						115,501						33,557						2016						1992						3-39 years
Flushing			—						—						1,660						(107)						—						1,553						—						1,553						1,454						1975(4)						1992						N/A
Lexington Avenue			567,691						14,432						12,355						431,206						27,497						430,496						—						457,993						227,129						2003						1992						9-39 years
TOTAL			$	836,691					$	19,206					$	24,435					$	1,060,130					$	32,271					$	1,069,350					$	2,150					$	1,103,771					$	473,141

(1) Initial cost is as of May 15, 1992 (the date on which the Company commenced its real estate operations).
(2) Excludes deferred debt issuance costs, net of $7,240.
(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $125,793 lower than the amount reported for financial statement purposes.
(4) Represents the date the lease was acquired.


ALEXANDER’S, INC. AND SUBSIDIARIES
SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
(Amounts in thousands)
						December 31,
						2025						2024						2023
REAL ESTATE:
Balance at beginning of period						$	1,085,197					$	1,066,620					$	1,084,598
Additions during the period:
Land						—						—						—
Buildings and leasehold improvements						2,629						8,242						2,959
Development and construction in progress						17,058						12,577						1,346
						1,104,884						1,087,439						1,088,903
Less:
Assets sold						—						—						(14,186)
Assets written-off						(1,113)						(2,242)						(8,097)
Balance at end of period						$	1,103,771					$	1,085,197					$	1,066,620

ACCUMULATED DEPRECIATION:
Balance at beginning of period						$	443,627					$	415,903					$	396,268
Depreciation expense						30,627						29,966						28,137
						474,254						445,869						424,405
Less:
Accumulated depreciation on assets sold						—						—						(405)
Accumulated depreciation on assets written-off						(1,113)						(2,242)						(8,097)
Balance at end of period						$	473,141					$	443,627					$	415,903