ALEXANDER’S, INC. AND SUBSIDIARIES

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2020

(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

Development
and
Construction
In Progress

Date of
Construction

Date

Acquired(1)

Description

Encumbrances(2)

Land

Total(3)

New York, NY

Rego Park I

$

—

$

1,647

$

8,953

$

84,261

$

1,647

$

86,721

$

6,493

$

94,861

$

38,451

1959

1992

3-39 years

Rego Park II

202,544

(4)

3,127

1,467

389,150

3,127

390,114

503

393,744

113,318

2009

1992

3-40 years

The Alexander apartment tower

94,000

—

119,112

—

119,112

—

119,112

21,028

2016

1992

3-39 years

Rego Park III

—

779

—

5,292

779

527

4,765

6,071

325

N/A

1992

5-15 years

Flushing

—

1,660

(107)

—

1,553

—

1,553

1,146

1975(5)

1992

N/A

Lexington Avenue

800,000

14,432

12,355

416,994

27,497

416,284

—

443,781

175,854

2003

1992

9-39 years

Paramus, NJ

68,000

1,441

—

10,313

11,754

—

11,754

—

N/A

1992

N/A

Other Properties

—

167

1,804

(1,804)

167

—

167

—

N/A

1992

N/A

TOTAL

$

1,164,544

$

21,593

$

26,239

$

1,023,211

$

44,971

$

1,014,311

$

11,761

$

1,071,043

$

350,122

(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 $8,374.

(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $139,364 lower than the amount reported for financial statement purposes.

(4) The amount of this loan is net of our $50,000 loan participation.

(5) Represents the date the lease was acquired.