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 .

Table:
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
100 park avenue | prudential | 49.90% ( 49.90 % ) | 49.90% ( 49.90 % ) | 834 | 02/00 | $ 95800
379 west broadway | sutton | 45.00% ( 45.00 % ) | 45.00% ( 45.00 % ) | 62 | 12/05 | $ 19750
21 west 34thstreet ( 4 ) | sutton | 50.00% ( 50.00 % ) | 50.00% ( 50.00 % ) | 30 | 07/05 | $ 22400
800 third avenue ( 5 ) | private investors | 42.95% ( 42.95 % ) | 42.95% ( 42.95 % ) | 526 | 12/06 | $ 285000
521 fifth avenue | cif | 50.10% ( 50.10 % ) | 50.10% ( 50.10 % ) | 460 | 12/06 | $ 240000
one court square | jp morgan | 30.00% ( 30.00 % ) | 30.00% ( 30.00 % ) | 1402 | 01/07 | $ 533500
1604-1610 broadway ( 6 ) | onyx/sutton | 45.00% ( 45.00 % ) | 63.00% ( 63.00 % ) | 30 | 11/05 | $ 4400
1745 broadway ( 7 ) | witkoff/sitq/lehman bros . | 32.26% ( 32.26 % ) | 32.26% ( 32.26 % ) | 674 | 04/07 | $ 520000
1 and 2 jericho plaza | onyx/credit suisse | 20.26% ( 20.26 % ) | 20.26% ( 20.26 % ) | 640 | 04/07 | $ 210000
2 herald square ( 8 ) | gramercy | 55.00% ( 55.00 % ) | 55.00% ( 55.00 % ) | 354 | 04/07 | $ 225000
885 third avenue ( 9 ) | gramercy | 55.00% ( 55.00 % ) | 55.00% ( 55.00 % ) | 607 | 07/07 | $ 317000
16 court street | cif | 35.00% ( 35.00 % ) | 35.00% ( 35.00 % ) | 318 | 07/07 | $ 107500
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
27-29 west 34thstreet ( 12 ) | sutton | 50.00% ( 50.00 % ) | 50.00% ( 50.00 % ) | 41 | 01/06 | $ 30000
1551-1555 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
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
Calculation: multiply(520000, const_1000), divide(#0, 32.26%)