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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.
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