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656 West 125th Street ICONICNew York, NY 10027

For Sale

$15,500,000

Smart Buyer Rebate $193,750

A Rare Opportunity to Redefine History in the Heart 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.

Listed by Tecumta Tiwoni

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Serhant

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(646) 717-4516

Last updated March 26, 2026

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Source: REBNY #RLS20060062

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodMorningside Heights
  • Bathrooms2
  • Days on Prevu141
  • Size3,283 sqft
  • Price per sqft$4,721

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

02/04/2026
Price Decreased
$15,500,000
11/14/2025
Listed by Serhant
$20,000,000

Estimated Closing Costs

Total
$860,450
Attorney Fees
$4,000
NYC Mansion Tax
$542,500
Title Insurance
$69,750
Bank Attorney
$1,500
Mortgage Recording Tax
$238,700
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $15,500,000 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 No, 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

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There is bedrooms and 2 bathrooms in this single-family home at 656 West 125th Street ICONIC.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,283 sqft.

656 West 125th Street ICONIC is a -bedroom, 2-bath single-family home for sale in New York NY 10027. Listed on Prevu for 141 days at $15,500,000. This includes a recent price decrease of $4,500,000. This property features 3,283 square feet of living space, located in Morningside Heights. The median listing price for single-family homes in this area is $1,085,000. Additional amenities include private outdoor space. View other single-family home listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the 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. 2026 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.