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656 West 125th Street ICONICNew York, NY 10027

For Sale

$20,000,000

Smart Buyer Rebate $250,000

A Rare Opportunity to Redefine History in the Heart of Harlem Welcome to The Iconic Cotton Club, the legendary address that once set the rhythm of Harlem and the world. Located at 656 West 125th Street, this historic site offers a once-in-a-lifetime opportunity to reimagine one of the most celebrated cultural landmarks in New York City. Set on a 160 ft x 78.92 ft lot within a C6-1 (R7-2 equivalent) zoning district, the property allows for approximately 37,800 buildable square feet, ideal for mixed-use residential and commercial development. This site presents a unique chance to create a new chapter for Harlem-one that honors its past while embracing its vibrant future. Property Highlights: Address: 656 West 125th Street, Harlem, NY Zoning: C6-1 (R7-2 equivalent) Lot Dimensions: 160 ft x 78.92 ft Buildable Square Footage: Approx. 37,800 sq. ft. Lot Area: Approx. 12,627 sq. ft. Use Potential: Mixed-use residential and commercial development Situated just steps from Columbia University's Manhattanville expansion, Riverside Park, and multiple transportation options, the property lies in the epicenter of Harlem's continued evolution. The surrounding area is a dynamic mix of new residential towers, retail, and cultural anchors-making this an exceptional investment and redevelopment opportunity. The Cotton Club is more than an address - it's a legacy ready to be reborn.  

Listed by Tecumta Tiwoni

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Serhant

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(646) 717-4516

Last updated November 15, 2025

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Source: REBNY #RLS20060062

Listing Facts

  • TypeSingle-family
  • NeighborhoodMorningside Heights
  • Bathrooms2
  • Days on Prevu5
  • Size3,283 sqft
  • Price per sqft$6,092

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

11/14/2025
Listed by Serhant
$20,000,000

Estimated Closing Costs

Total
$1,157,500
Attorney Fees
$4,000
NYC Mansion Tax
$750,000
Title Insurance
$90,000
Bank Attorney
$1,500
Mortgage Recording Tax
$308,000
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $20,000,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 656 West 125th Street ICONIC

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 2
  • Year Built: 1920
  • Entry Level: 3

Features

  • Patio And Porch Features: Wrap Around
  • View: Bridge(s), Panoramic, River

Financial

Taxes

  • Parcel Number: 1996-0001

Interior

Measurements

  • Living Area: 3,283
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Rooms Total: 10

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Manhattanville
  • Tax Block: 01996
  • Tax Lot: 0001

Utilities

Equipment

  • Cooling: Ductless

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.