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    661 Main St Niagara Falls, NY 14301

    • Office buildings
    • 12,480 SF
    • 0.67 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US63-6243724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ensol Inc / Engineering Consultant / Civil Engineer
    • Olive Ridley (Solara, Inc. DBA) / Paint Store
    • Solara Environmental / Waste Management Service

    Property Details for 661 Main St

    Year built
    1928
    Lot size
    0.67 lot acres
    Property size
    12,480 SF
    Zone code
    C2-A
    Property type
    Office buildings
    APN
    291100 159.21-2-1
    APU
    2911001592121

    Description

    This stunning, fully renovated Class A office building at 661 Main Street in Niagara Falls, NY, offers 5,682 square feet of move-in ready space. Built in 1945 and situated in Niagara County, this single-tenant property boasts a wealth of modern amenities within its historic charm. The space features a full kitchen and a dedicated conference room, perfect for executive functions. Recent upgrades include new LED lighting, fresh paint, new carpeting, and a new HVAC system (boiler and A/C). High ceilings and beautiful red oak flooring add to the sophisticated ambiance. Most existing furniture is available. Ample parking and prominent signage are also provided. This exceptional location is conveniently situated off Pine Avenue, near the post office and a bus stop, and just blocks from the Canadian border. The owner is open to considering a sublease or dividing the space into two units. Detailed floor plans are available upon request. This is an unparalleled opportunity to secure a prestigious and highly functional office space in a vibrant location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $285,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $325,000
      Mixed-Use
      $315,000
      Hospitality
      $305,000
      Educational
      $340,000
      Residential Income
      $315,000
      Energy
      $260,000
      Income-Based Land
      $280,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0562
    Latitude
    43.0942
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $36,300
    $169,600
    $205,900
    -
    $67,223
    $314,077
    $381,300

    Comparable in this City

    • Value Estimation by Request
      2,025 SF

      3003 Pne Ave

      OFFICE BUILDING • 2,025 SF
      3003 Pne Ave, Niagara Falls, NY 14301-2445
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    • Value Estimation
      $170,000
      1,456 SF

      630 Main St

      OFFICE BUILDING • 1,456 SF
      630 Main St, Niagara Falls, NY 14301-1738
      View Details
    • Value Estimation
      $250,000
      5,496 SF

      909 Pne Ave

      PROFESSIONAL BUILDING • 5,496 SF
      909 Pne Ave, Niagara Falls, NY 14301-1807
      View Details
    • Value Estimation
      $45,000
      3,459 SF

      1110 Main St

      OFFICE BUILDING • 3,459 SF
      1110 Main St, Niagara Falls, NY 14301-1114
      View Details
    • Value Estimation by Request
      5,578 SF

      760 Main St

      OFFICE BUILDING • 5,578 SF
      760 Main St, Niagara Falls, NY 14301-1700
      View Details
    • Value Estimation by Request
      11,196 SF

      1319 Pne Ave

      OFFICE BUILDING • 11,196 SF
      1319 Pne Ave, Niagara Falls, NY 14301-1919
      View Details

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      Prime Niagara Falls Office Space

      Historic Executive Office, 5682 sq ft
      661 Main St, Niagara Falls, NY 14301
      View Details
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    661 Main St
    Niagara Falls, NY 14301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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