notes to consolidated financial statements in march 2008 , the fasb issued guidance which requires entities to provide greater transparency about ( a ) how and why an entity uses derivative instruments , ( b ) how derivative instruments and related hedged items are accounted , and ( c ) how derivative instruments and related hedged items affect an entity 2019s financial position , results of operations , and cash flows .this guidance was effective on january 1 , 2009 .the adoption of this guidance did not have a material impact on our consolidated financial statements .in june 2009 , the fasb issued guidance on accounting for transfers of financial assets .this guidance amends various components of the existing guidance governing sale accounting , including the recog- nition of assets obtained and liabilities assumed as a result of a transfer , and considerations of effective control by a transferor over transferred assets .in addition , this guidance removes the exemption for qualifying special purpose entities from the consolidation guidance .this guidance is effective january 1 , 2010 , with early adoption prohibited .while the amended guidance governing sale accounting is applied on a prospec- tive basis , the removal of the qualifying special purpose entity exception will require us to evaluate certain entities for consolidation .while we are evaluating the effect of adoption of this guidance , we currently believe that its adoption will not have a material impact on our consolidated financial statement .in june 2009 , the fasb amended the guidance for determin- ing whether an entity is a variable interest entity , or vie , and requires the performance of a qualitative rather than a quantitative analysis to determine the primary beneficiary of a vie .under this guidance , an entity would be required to consolidate a vie if it has ( i ) the power to direct the activities that most significantly impact the entity 2019s economic performance and ( ii ) the obligation to absorb losses of the vie or the right to receive benefits from the vie that could be significant to the vie .this guidance is effective for the first annual reporting period that begins after november 15 , 2009 , with early adoption prohibited .while we are currently evaluating the effect of adoption of this guidance , we currently believe that its adoption will not have a material impact on our consoli- dated financial statements .note 3 / property acquisitions 2009 acquisitions during 2009 , we acquired the sub-leasehold positions at 420 lexington avenue for an aggregate purchase price of approximately $ 15.9 million .2008 acquisitions in february 2008 , we , through our joint venture with jeff sutton , acquired the properties located at 182 broadway and 63 nassau street for approximately $ 30.0 million in the aggregate .these properties are located adjacent to 180 broadway which we acquired in august 2007 .as part of the acquisition we also closed on a $ 31.0 million loan which bears interest at 225 basis points over the 30-day libor .the loan has a three-year term and two one-year extensions .we drew down $ 21.1 mil- lion at the closing to pay the balance of the acquisition costs .during the second quarter of 2008 , we , through a joint ven- ture with nysters , acquired various interests in the fee positions at 919 third avenue for approximately $ 32.8 million .as a result , our joint venture controls the entire fee position .2007 acquisitions in january 2007 , we acquired reckson for approximately $ 6.0 billion , inclusive of transaction costs .simultaneously , we sold approximately $ 2.0 billion of the reckson assets to an asset purchasing venture led by certain of reckson 2019s former executive management .the transaction included the acquisition of 30 properties encompassing approximately 9.2 million square feet , of which five properties encompassing approxi- mately 4.2 million square feet are located in manhattan .the following summarizes our allocation of the purchase price to the assets and liabilities acquired from reckson ( in thousands ) : .
[['land', '$ 766727'], ['building', '3724962'], ['investment in joint venture', '65500'], ['structured finance investments', '136646'], ['acquired above-market leases', '24661'], ['other assets net of other liabilities', '30473'], ['acquired in-place leases', '175686'], ['assets acquired', '4924655'], ['acquired below-market leases', '422177'], ['minority interest', '401108'], ['liabilities acquired', '823285'], ['net assets acquired', '$ 4101370']]
.

Question: what is the available capacity of the 31.0 million acquisition loan as of august 2007 , in millions?
Answer: 9.9