ALEXANDER’S, INC. AND SUBSIDIARIES

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2022

(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

$

93,119

$

1,647

$

94,697

$

7,375

$

103,719

$

43,870

1959

1992

3-39 years

Rego Park II

202,544

3,127

1,467

392,696

3,127

391,367

2,796

397,290

130,713

2009

1992

3-40 years

The Alexander apartment tower

94,000

—

119,112

—

119,112

—

119,112

27,856

2016

1992

3-39 years

Rego Park III

—

779

—

12,399

779

526

11,873

13,178

396

N/A

1992

5-15 years

Flushing

—

1,660

(107)

—

1,553

—

1,553

1,264

1975(4)

1992

N/A

Lexington Avenue

800,000

14,432

12,355

422,959

27,497

422,249

—

449,746

192,169

2003

1992

9-39 years

TOTAL

$

1,096,544

$

19,985

$

24,435

$

1,040,178

$

33,050

$

1,029,504

$

22,044

$

1,084,598

$

396,268

(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 $5,493.

(3) The net basis of the Company’s assets and liabilities for tax purposes is approximately $137,734 lower than the amount reported for financial statement purposes.

(4) Represents the date the lease was acquired.