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656 W 125th St 3,283 SF Retail Building New York, NY 10027 $21,471,219 CAD ($6,540.12 CAD/SF)
Executive Summary
Discover a rare opportunity to redefine history in the heart of Harlem at the legendary Cotton Club, located at 656 West 125th Street. This iconic address, once the epicenter of Harlem’s cultural rhythm, offers approximately 37,800 buildable square feet on a 6,300 sq. ft. lot within a C6-1 (R7-2 equivalent) zoning district—perfect for mixed-use residential and commercial development. Just steps from Columbia University’s Manhattanville expansion, Riverside Park, and major transportation, the site is surrounded by a vibrant mix of new residential towers, retail, and cultural landmarks. More than a property, this is a legacy ready to be reborn—an exceptional investment opportunity to honor Harlem’s storied past while shaping its dynamic future.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,283 SF
Building Class
B
Year Built
1920
Price
$21,471,219 CAD
Price Per SF
$6,540.12 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C6-1 - R7-2 equivalent
Frontage
652’ on West 125th Street
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1996-0001 | Total Assessment | $906,333 CAD (2025) |
| Land Assessment | $110,438 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $795,895 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
1996-0001
Land Assessment
$110,438 CAD (2025)
Improvements Assessment
$795,895 CAD (2025)
Total Assessment
$906,333 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026 Payable 2026
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656 W 125th St
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