Financial report context:
notes to consolidated financial statements minority partner approves the annual budget , receives a detailed monthly reporting package from us , meets with us on a quarterly basis to review the results of the joint venture , reviews and approves the joint venture 2019s tax return before filing , and approves all leases that cover more than a nominal amount of space relative to the total rentable space at each property we do not consolidate the joint venture as we consider these to be substantive participation rights . our joint venture agreements also contain certain pro- tective rights such as the requirement of partner approval to sell , finance or refinance the property and the payment of capital expenditures and operating expenditures outside of the approved budget or operating plan . the table below provides general information on each joint venture as of december 31 , 2009 ( in thousands ) : property partner ownership interest economic interest square feet acquired acquisition price ( 1 ) 1221 avenue of the americas ( 2 ) rgii 45.00% ( 45.00 % ) 45.00% ( 45.00 % ) 2550 12/03 $ 1000000 1515 broadway ( 3 ) sitq 55.00% ( 55.00 % ) 68.45% ( 68.45 % ) 1750 05/02 $ 483500 .

Financial table:
property: 1221 avenue of the americas ( 2 ); partner: rgii; ownership interest: 45.00% ( 45.00 % ); economic interest: 45.00% ( 45.00 % ); square feet: 2550; acquired: 12/03; acquisition price ( 1 ): $ 1000000
property: 1515 broadway ( 3 ); partner: sitq; ownership interest: 55.00% ( 55.00 % ); economic interest: 68.45% ( 68.45 % ); square feet: 1750; acquired: 05/02; acquisition price ( 1 ): $ 483500
property: 100 park avenue; partner: prudential; ownership interest: 49.90% ( 49.90 % ); economic interest: 49.90% ( 49.90 % ); square feet: 834; acquired: 02/00; acquisition price ( 1 ): $ 95800
property: 379 west broadway; partner: sutton; ownership interest: 45.00% ( 45.00 % ); economic interest: 45.00% ( 45.00 % ); square feet: 62; acquired: 12/05; acquisition price ( 1 ): $ 19750
property: 21 west 34thstreet ( 4 ); partner: sutton; ownership interest: 50.00% ( 50.00 % ); economic interest: 50.00% ( 50.00 % ); square feet: 30; acquired: 07/05; acquisition price ( 1 ): $ 22400
property: 800 third avenue ( 5 ); partner: private investors; ownership interest: 42.95% ( 42.95 % ); economic interest: 42.95% ( 42.95 % ); square feet: 526; acquired: 12/06; acquisition price ( 1 ): $ 285000
property: 521 fifth avenue; partner: cif; ownership interest: 50.10% ( 50.10 % ); economic interest: 50.10% ( 50.10 % ); square feet: 460; acquired: 12/06; acquisition price ( 1 ): $ 240000
property: one court square; partner: jp morgan; ownership interest: 30.00% ( 30.00 % ); economic interest: 30.00% ( 30.00 % ); square feet: 1402; acquired: 01/07; acquisition price ( 1 ): $ 533500
property: 1604-1610 broadway ( 6 ); partner: onyx/sutton; ownership interest: 45.00% ( 45.00 % ); economic interest: 63.00% ( 63.00 % ); square feet: 30; acquired: 11/05; acquisition price ( 1 ): $ 4400
property: 1745 broadway ( 7 ); partner: witkoff/sitq/lehman bros .; ownership interest: 32.26% ( 32.26 % ); economic interest: 32.26% ( 32.26 % ); square feet: 674; acquired: 04/07; acquisition price ( 1 ): $ 520000
property: 1 and 2 jericho plaza; partner: onyx/credit suisse; ownership interest: 20.26% ( 20.26 % ); economic interest: 20.26% ( 20.26 % ); square feet: 640; acquired: 04/07; acquisition price ( 1 ): $ 210000
property: 2 herald square ( 8 ); partner: gramercy; ownership interest: 55.00% ( 55.00 % ); economic interest: 55.00% ( 55.00 % ); square feet: 354; acquired: 04/07; acquisition price ( 1 ): $ 225000
property: 885 third avenue ( 9 ); partner: gramercy; ownership interest: 55.00% ( 55.00 % ); economic interest: 55.00% ( 55.00 % ); square feet: 607; acquired: 07/07; acquisition price ( 1 ): $ 317000
property: 16 court street; partner: cif; ownership interest: 35.00% ( 35.00 % ); economic interest: 35.00% ( 35.00 % ); square feet: 318; acquired: 07/07; acquisition price ( 1 ): $ 107500
property: the meadows ( 10 ); partner: onyx; ownership interest: 50.00% ( 50.00 % ); economic interest: 50.00% ( 50.00 % ); square feet: 582; acquired: 09/07; acquisition price ( 1 ): $ 111500
property: 388 and 390 greenwich street ( 11 ); partner: sitq; ownership interest: 50.60% ( 50.60 % ); economic interest: 50.60% ( 50.60 % ); square feet: 2600; acquired: 12/07; acquisition price ( 1 ): $ 1575000
property: 27-29 west 34thstreet ( 12 ); partner: sutton; ownership interest: 50.00% ( 50.00 % ); economic interest: 50.00% ( 50.00 % ); square feet: 41; acquired: 01/06; acquisition price ( 1 ): $ 30000
property: 1551-1555 broadway ( 13 ); partner: sutton; ownership interest: 10.00% ( 10.00 % ); economic interest: 10.00% ( 10.00 % ); square feet: 26; acquired: 07/05; acquisition price ( 1 ): $ 80100
property: 717 fifth avenue ( 14 ); partner: sutton/nakash; ownership interest: 32.75% ( 32.75 % ); economic interest: 32.75% ( 32.75 % ); square feet: 120; acquired: 09/06; acquisition price ( 1 ): $ 251900

Additional report context:
the meadows ( 10 ) onyx 50.00% ( 50.00 % ) 50.00% ( 50.00 % ) 582 09/07 $ 111500 388 and 390 greenwich street ( 11 ) sitq 50.60% ( 50.60 % ) 50.60% ( 50.60 % ) 2600 12/07 $ 1575000 27 201329 west 34th street ( 12 ) sutton 50.00% ( 50.00 % ) 50.00% ( 50.00 % ) 41 01/06 $ 30000 1551 20131555 broadway ( 13 ) sutton 10.00% ( 10.00 % ) 10.00% ( 10.00 % ) 26 07/05 $ 80100 717 fifth avenue ( 14 ) sutton/nakash 32.75% ( 32.75 % ) 32.75% ( 32.75 % ) 120 09/06 $ 251900 ( 1 ) acquisition price represents the actual or implied purchase price for the joint venture . ( 2 ) we acquired our interest from the mcgraw-hill companies , or mhc . mhc is a tenant at the property and accounted for approximately 14.7% ( 14.7 % ) of the property 2019s annualized rent at december 31 , 2009 . we do not manage this joint venture . ( 3 ) under a tax protection agreement established to protect the limited partners of the partnership that transferred 1515 broadway to the joint venture , the joint venture has agreed not to adversely affect the limited partners 2019 tax positions before december 2011 . one tenant , whose leases primarily ends in 2015 , represents approximately 77.4% ( 77.4 % ) of this joint venture 2019s annualized rent at december 31 , 2009 . ( 4 ) effective november 2006 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary . both partners had the same amount of equity at risk and neither partner controlled the joint venture . ( 5 ) we invested approximately $ 109.5 million in this asset through the origination of a loan secured by up to 47% ( 47 % ) of the interests in the property 2019s ownership , with an option to convert the loan to an equity interest . certain existing members have the right to re-acquire approximately 4% ( 4 % ) of the property 2019s equity . these interests were re-acquired in december 2008 and reduced our interest to 42.95% ( 42.95 % ) ( 6 ) effective april 2007 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary . both partners had the same amount of equity at risk and neither partner controlled the joint venture . ( 7 ) we have the ability to syndicate our interest down to 14.79% ( 14.79 % ) . ( 8 ) we , along with gramercy , together as tenants-in-common , acquired a fee interest in 2 herald square . the fee interest is subject to a long-term operating lease . ( 9 ) we , along with gramercy , together as tenants-in-common , acquired a fee and leasehold interest in 885 third avenue . the fee and leasehold interests are subject to a long-term operating lease . ( 10 ) we , along with onyx acquired the remaining 50% ( 50 % ) interest on a pro-rata basis in september 2009 . ( 11 ) the property is subject to a 13-year triple-net lease arrangement with a single tenant . ( 12 ) effective may 2008 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary . both partners had the same amount of equity at risk and neither partner controlled the joint venture . ( 13 ) effective august 2008 , we deconsolidated this investment . as a result of the sale of 80% ( 80 % ) of our interest , the joint venture was no longer a vie . ( 14 ) effective september 2008 , we deconsolidated this investment . as a result of the recapitalization of the property , we were no longer the primary beneficiary. .

Question: what was the total value of the 1745 broadway property as of april 2007 based on the acquisition price?
Answer: 1611908200