656 W 125TH Street ICONIC
Manhattan, NY, 10027 $ 15,500,000
Baths2.0 Sq 3,283 Monthly Estimate*
$ 95,436
Studio for $15,500,000 with 2 full baths. This 3,283 square foot home was built in 1920.
A Rare Oрpοrtunitу to Rеdеfіne Historу іn thе Ηeаrt of Harlem
Formally known as 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. 6,300 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.
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- Monthly Principal & Interest
- $95,436
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Manhattan, NY
Average List Price $6,821,042
Percent of Sale Price 56%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
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0 Elementary School
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Pricing History| Date | Price | Price Change | Description |
|---|
| 2/4/2026 | $15,500,000 | -22.50% | Price Down |
| 11/15/2025 | $20,000,000 | | Listed Price |