656 W 125th St Unit ICONIC New York, NY 10027
Manhattanville NeighborhoodEstimated payment $111,130/month
Highlights
- River View
- 3-minute walk to 125 Street (1 Line)
- 2-minute walk to West Harlem Piers Park
- Wrap Around Porch
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $68,627
Year Built
- Built in 1920
Home Design
- Triplex
- Entry on the 3rd floor
Interior Spaces
- 2 Full Bathrooms
- 3,283 Sq Ft Home
- 2-Story Property
- River Views
Additional Features
- Wrap Around Porch
- Ductless Heating Or Cooling System
Community Details
- Manhattanville Subdivision
Listing and Financial Details
- Legal Lot and Block 0001 / 01996
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $68,627 | $661,050 | $80,550 | $580,500 |
| 2024 | $68,627 | $647,910 | $80,550 | $567,360 |
| 2023 | $68,315 | $641,700 | $80,550 | $561,150 |
| 2022 | $65,772 | $611,550 | $80,550 | $531,000 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $72,263 | $747,000 | $80,550 | $666,450 |
| 2019 | $66,929 | $743,850 | $80,550 | $663,300 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $52,766 | $683,550 | $80,550 | $603,000 |
| 2016 | $45,682 | $551,700 | $80,550 | $471,150 |
| 2015 | $16,972 | $500,850 | $80,550 | $420,300 |
| 2014 | $16,972 | $424,350 | $80,550 | $343,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $20,000,000 | -- | $6,092 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,000,000 | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20060062
APN: 1996-0001
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