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720 Columbus Avenue

720 Columbus Avenue
New York, NY 10025
Retail, Residential, Leasing/Rental, Multifamily
  • Address 720 Columbus Avenue
  • neighborhood Upper West Side
  • borough Manhattan
  • owner Equity Residential
  • owner entity ASN WESTMONT LLC
  • floors 16
  • Year Built 1986
  • residential units 163
  • commercial units 8
  • total units 171
  • square feet 232,831
  • block and lot 1-01226-0029
  • BIN 1082743
  • Event Retail Leasing
  • Address 730 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 1,740
notes
The bank inked a 10-year lease in the 16-story building.
  • Event Retail Leasing
  • Address 730 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 1,500
notes
The sports training and physical therapy office leased retail space for 10 years. The reported asking rent was $100 per square foot.
  • Event Retail Leasing
  • Address 730 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 1,378
  • Publication Date 01/01/2008
  • Event Date 11/22/2007
  • Party 1 Archstone Smith
  • Party 1 Brokerage CBRE
  • Party 1 Broker John Termini, Gary Trock
  • Party 2 Dunkin' Donuts
  • Party 2 Brokerage Joseph Isa
  • Party 2 Broker Winick Realty Group
notes
The coffee chain inked a 10-year lease for another location.
  • Event Sales
  • Building Name The Westmont
  • Address 730 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 87,800,000
  • Price per foot $ 540,000.00
  • Publication Date 09/01/2006
  • Event Date 07/23/2006
  • Party 2 Archstone-Smith
notes
The REIT paid $87.8 million, or $540,000 per unit, for the building. The acquisition was funded mainly through tax-deferred proceeds from sales of apartment communities that no longer met the company's long-term investment criteria, and the assumption of $24.2 million of secured debt that will be paid off with the proceeds from the company's recent convertible debt offering.