sl green realty corp .it happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building .the transaction valued the consolidated interests at $ 1.23 a0 billion .this valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted .we acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property .we rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction .this property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures .in january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building .the transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired .we acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property .we recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction .in april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor .in connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million .the following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 .                                                | 51 east 42nd street | 180 maiden lane | 110 east 42nd street | 1515 broadway  | 521 fifth avenue
land                                           | $ 44095             | $ 191523        | $ 34000              | $ 462700       | $ 110100        
building                                       | 33470               | 233230          | 46411                | 707938         | 146686          
above market lease value                       | 5616                | 7944            | 823                  | 18298          | 3318            
acquired in-place leases                       | 4333                | 29948           | 5396                 | 98661          | 23016           
other assets net of other liabilities          | 2014                | 2014            | 2014                 | 27127          | 2014            
assets acquired                                | 87514               | 462645          | 86630                | 1314724        | 283120          
fair value adjustment to mortgage note payable | 2014                | 2014            | 2014                 | -3693 ( 3693 ) | 2014            
below market lease value                       | 7514                | 20320           | 2326                 | 84417          | 25977           
liabilities assumed                            | 7514                | 20320           | 2326                 | 80724          | 25977           
purchase price allocation                      | $ 80000             | $ 442325        | $ 84304              | $ 1234000      | $ 257143        
net consideration funded by us at closing      | $ 81632             | $ 81835         | $ 2744               | $ 259228       | $ 70000         
equity and/or debt investment held             | 2014                | 2014            | $ 16000              | $ 40942        | $ 41432         
debt assumed                                   | $ 2014              | $ 2014          | $ 65000              | $ 458767       | $ 140000         net consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property .our initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp .( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 .at closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a .to extend and restructure the existing financing .gramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing .the restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor .the restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 .in august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million .in connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing .the 5.748% ( 5.748 % ) interest-only loan matures in october a02014 .in december a02010 , we completed the acquisition of various investments from gramercy .this acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million .these assets are all leased to third a0party operators. .
Question: what is the annual interest cost for the 125 park avenue acquisition?
Steps: Ask for number 146.25
Answer: 8.40645
Question: what was the company's share of the value of the 521 fifth avenue acquisition, based on the transaction cost?

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
sl green realty corp .it happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building .the transaction valued the consolidated interests at $ 1.23 a0 billion .this valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted .we acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property .we rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction .this property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures .in january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building .the transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired .we acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property .we recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction .in april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor .in connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million .the following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 .                                                | 51 east 42nd street | 180 maiden lane | 110 east 42nd street | 1515 broadway  | 521 fifth avenue
land                                           | $ 44095             | $ 191523        | $ 34000              | $ 462700       | $ 110100        
building                                       | 33470               | 233230          | 46411                | 707938         | 146686          
above market lease value                       | 5616                | 7944            | 823                  | 18298          | 3318            
acquired in-place leases                       | 4333                | 29948           | 5396                 | 98661          | 23016           
other assets net of other liabilities          | 2014                | 2014            | 2014                 | 27127          | 2014            
assets acquired                                | 87514               | 462645          | 86630                | 1314724        | 283120          
fair value adjustment to mortgage note payable | 2014                | 2014            | 2014                 | -3693 ( 3693 ) | 2014            
below market lease value                       | 7514                | 20320           | 2326                 | 84417          | 25977           
liabilities assumed                            | 7514                | 20320           | 2326                 | 80724          | 25977           
purchase price allocation                      | $ 80000             | $ 442325        | $ 84304              | $ 1234000      | $ 257143        
net consideration funded by us at closing      | $ 81632             | $ 81835         | $ 2744               | $ 259228       | $ 70000         
equity and/or debt investment held             | 2014                | 2014            | $ 16000              | $ 40942        | $ 41432         
debt assumed                                   | $ 2014              | $ 2014          | $ 65000              | $ 458767       | $ 140000         net consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property .our initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp .( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 .at closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a .to extend and restructure the existing financing .gramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing .the restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor .the restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 .in august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million .in connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing .the 5.748% ( 5.748 % ) interest-only loan matures in october a02014 .in december a02010 , we completed the acquisition of various investments from gramercy .this acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million .these assets are all leased to third a0party operators. .
Question: what is the annual interest cost for the 125 park avenue acquisition?
Steps: Ask for number 146.25
Answer: 8.40645
Question: what was the company's share of the value of the 521 fifth avenue acquisition, based on the transaction cost?
