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    Property profile & analytics

    61 Main St Allegany, NY 14706-1303

    • Turn key restaurants
    • 1,176 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 01, 2025
    $140,000
    Location Intelligence
    Property ID
    US63-0068935
    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

    • Turn key restaurants

    Property Details for 61 Main St

    Year built
    1970
    Lot size
    0.23 lot acres
    Property size
    1,176 SF
    Property type
    Turn key restaurants
    APN
    042001 93.051-2-26
    APU
    4200193051226

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allegany
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4912
    Latitude
    42.0884
    CBSA code
    36460
    CBSA name
    OLEAN, NY MICROPOLITAN 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
    $6,300
    $73,700
    $80,000
    -
    $8,873
    $103,803
    $112,676

    Comparable in this City

    • Value Estimation by Request
      5,690 SF

      3319 Riv Rd

      RESTAURANT • 5,690 SF
      3319 Riv Rd, Allegany, NY 14706
      View Details
    • Value Estimation
      $310,000
      2,165 SF

      3015 Nys Rte 417

      RESTAURANT • 2,165 SF
      3015 Nys Rte 417, Allegany, NY 14706
      View Details
    • Value Estimation by Request
      2,811 SF

      3012 Nys Rte 417

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,811 SF
      3012 Nys Rte 417, Allegany, NY 14706
      View Details
    • Value Estimation
      $310,000
      1,900 SF

      3242 Nys Rte 417

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,900 SF
      3242 Nys Rte 417, Allegany, NY 14706
      View Details
    • Value Estimation by Request
      3,906 SF

      3767 9th Mile Rd

      BAR, TAVERN • 3,906 SF
      3767 9th Mile Rd, Allegany, NY 14706-9714
      View Details
    • Value Estimation by Request
      2,926 SF

      4780 Rte 417

      BAR, TAVERN • 2,926 SF
      4780 Rte 417, Allegany, NY 14706-9702
      View Details

    Similar Nearby for Sale

    • $899,900

      New Allegany Building with Bar

      New construction near St. Bonaventure with bar/patio potential.
      126 W Main St, Allegany, NY 14706
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    • $625,000
      2,454 SF

      Commercial Property with Multiple Buildings

      High-traffic corner lot with three buildings suitable for various businesses.
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    • $75,000
      0.40 Acres

      Residential Lot in Allegany, NY

      Serviced building lot in Tanglewood Development, Allegany, NY.
      Tanglewood Development, Allegany, NY 14706
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    • $75,000
      0.53 Acres

      Residential Lot in Allegany, NY

      Serviced building lot in Tanglewood Development, Allegany, NY.
      Tanglewood Development, Allegany, NY 14706
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    • $65,000
      0.53 Acres

      Residential Lot in Allegany, NY

      Serviced building lot in Tanglewood Development, Allegany, NY.
      Tanglewood Development, Allegany, NY 14706
      View Details
    • $75,000
      0.54 Acres

      Residential Lot in Allegany, NY

      Serviced building lot in Tanglewood Development, Allegany, NY.
      Tanglewood Development, Allegany, NY 14706
      View Details
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    61 Main St
    Allegany, NY 14706-1303
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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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