ALEXANDER’S, INC. AND SUBSIDIARIES

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2021

(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)

Rego Park I

$

—

$

1,647

$

8,953

$

90,499

$

1,647

$

87,988

$

11,464

$

101,099

$

41,036

1959

1992

3-39 years

Rego Park II

202,544

3,127

1,467

390,067

3,127

390,090

1,444

394,661

122,234

2009

1992

3-40 years

The Alexander apartment tower

94,000

—

119,112

—

119,112

—

119,112

24,499

2016

1992

3-39 years

Rego Park III

—

779

—

8,256

779

526

7,730

9,035

361

N/A

1992

5-15 years

Flushing

—

1,660

(107)

—

1,553

—

1,553

1,205

1975(4)

1992

N/A

Lexington Avenue

800,000

14,432

12,355

417,179

27,497

415,256

1,213

443,966

181,222

2003

1992

9-39 years

TOTAL

$

1,096,544

$

19,985

$

24,435

$

1,025,006

$

33,050

$

1,014,525

$

21,851

$

1,069,426

$

370,557

(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 $6,931.

(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $144,100 lower than the amount reported for financial statement purposes.

(4) Represents the date the lease was acquired.