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Historic Harlem Development Opportunity
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656 W 125th St, New York, NY 10027

Iconic Cotton Club site for mixed-use development in Harlem.

Property Size37,800 SF
Lot Size0.29 Acres
Price / SF$410.05
Days on Market161

Property Features for 656 W 125th St

General Information

Standard status Active
Size 37,800 SF
Lot size 0.29 Acres
Property subtype Multifamily
Zoning C6-1 (R7-2 equivalent)

Building Details

Stories 2
Listing Agency: SERHANT
Listed By: Tay Tiwoni · License #NY
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 21 at 4:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SERHANT

Investment Insights

Based on property information with market context.

Located at 656 West 125th Street, this historic site, formerly the Cotton Club, offers a redevelopment opportunity in Harlem. The property is situated on a 160 ft x 78.92 ft lot within a C6-1 (R7-2 equivalent) zoning district, allowing for approximately 37,800 buildable square feet. The site is suitable for mixed-use residential and commercial development. The property is located near Columbia University's Manhattanville expansion and Riverside Park, with multiple transportation options nearby. The surrounding area includes new residential towers, retail spaces, and cultural institutions, offering an investment and redevelopment opportunity.

Key Highlights

  • Historic Cotton Club Location: Opportunity to redevelop a legendary cultural landmark.
  • Significant Development Potential: Approximately 37,800 buildable square feet for mixed‑use development.
  • Prime Harlem Location: Situated in the heart of Harlem's ongoing evolution.

Property Analytics

Current Use

The Late Show's Gospel ... Theater & Performing Art Venue Cotton Club Bar & Pub The World Famous Cotton ... Nightclub

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Electrical Service Auto Parts Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,694
Businesses Nearby

Demographics for 10027, NY

64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Iconic Cotton Club site for mixed-use development in Harlem.
Where is this commercial land located?
The property is located at 656 W 125th St New York, NY.
What is the asking price?
The asking price for this property is $15,500,000.
What are key features of this property?
This property features: Historic Cotton Club Location: Opportunity to redevelop a legendary cultural landmark.; Significant Development Potential: Approximately 37,800 buildable square feet for mixed‑use development.; Prime Harlem Location: Situated in the heart of Harlem's ongoing evolution.
More about this property
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