2400 New YorkHammond, IN 46327

  • Office properties
  • 184,549 SF
Off market
$7,620,217 Estimated

Property Details for 2400 New York

Year built
1949
Construction
STEEL FRAME
Lot size
8.94 AC
Property size (Sq ft)
184,549 SF
Property type
Office properties
Property subtype
Other office properties
APN
45-03-07-476-001.000-023
APU
450307476001000023

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $59,308,788
    6.5%
    $54,746,576
    7%
    $50,836,104
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,037,508
    Geo Method
    $24,037,508
  • Alternative Use

    Use
    Valuation
    Residential
    $67,885,752
    Hospitality
    $62,182,984
    Educational
    $51,735,512
    Medical
    $53,514,776
    Retail
    $80,477,464
2400 New York, Hammond, Indiana

Location Insight

City
Hammond
County
Lake
State
Indiana
Latitude
41.6709
Longitude
-87.4945
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $5,789,700
  • Assessed land value
    $508,000
  • Assessed value
    $6,297,700
  • Tax year
    2022
  • Tax bill
    $301,011

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