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UCC Foreclosure Sale: 295 Madison Avenue 295 Madison Ave 301,128 SF Office Building New York, NY 10017 For Sale



Investment Highlights
- Prominent Midtown location one block from Grand Central Terminal.
- Modern amenities include 24-hour access, direct elevator exposure, and tenant lounges.
- Great light and views from corner suites, with flexible build-out options.
- Multiple retail and office configurations available, spanning full floors to prebuilt suites.
- Exceptional transit access: immediate proximity to major subway lines and bus routes.
Executive Summary
Auction Date: Friday, July 17, 2026 at 10:00AM
PLEASE TAKE NOTICE that in accordance with applicable provisions of the Uniform Commercial Code as enacted in New York (“NYUCC”), notice is hereby given that Abraham Talassazan (“Secured Party”), will sell certain collateral, including without limitation, all BSD Simcha 26 LLC’s (“Debtor”) membership interest in Tahor 26 LLC a Delaware limited liability company, (the “Company”) (with such membership interest defined as the “Membership Interests”) to the highest qualified bidder at a public sale in accordance with the NYUCC. The sale will take place at 10:00 a.m. prevailing Eastern Time on July 17, 2026, via Zoom. Remote log-in credentials will be provided to registered bidders upon request. Secured Party’s understanding, without making any representation, is that Debtor owns 100% of the membership interests of the Company, which owns 100% of the membership interests of Tahor 26 Mezzanine LLC, a Delaware limited liability company, which in turn owns 100% of the membership interests of Tahor 26 Owner LLC, a Delaware limited liability company, which owns a nineteen percent (19%) tenant-in-common interest in the real property commonly known as 295 Madison Avenue, New York, New York, Manhattan Block 1275 Lot 50. The Membership Interests will be sold to the highest Qualified Bidder, as that term is defined in the Terms of Sale attached to the Notice of Disposition of Collateral, dated June 16, 2026 (the “Notice of Disposition”); provided, however, that Secured Party reserves the right, in accordance with the NYUCC, to cancel the sale in its entirety or to adjourn the sale to a future date. The sale will be conducted by Mannion Auctions, LLC, by Matthew D. Mannion, Auctioneer, with an office at 299 Broadway, Suite 1601, New York, New York 10007. The Membership Interests will be sold as a block and will not be divided or sold in any lesser amounts. Interested parties that intend to bid on the Collateral should contact Secured Party’s broker, Greg Corbin, at Northgate Real Estate Group, (212) 369-1800 or greg@northgatereg.com, to receive the Terms of Sale (which are also attached to the Notice of Disposition) and bidding instructions. Upon execution of a Terms of Access and Non-Disclosure Agreement, in a form to be provided by Secured Party’s broker, additional documentation and information will be available. Interested parties that are not Qualified Bidders, as that term is defined in the Terms of Sale, will not be permitted to enter a bid.
Property Facts
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
1,200 SF Available 22.5' Frontage 12' Ceilings Can Be Vented Suitable for QSR, Bakery, Coffee Shop or a traditional retail store. Ideally Positioned Between Two New QSR Concepts; ViviBowl & Barney Brown
Entire Full Floor Suite for Lease Fully furnished and fixtured 19 Offices 2 Conference Rooms 47 Work Stations (Room to Densify) 3 Phone Booths Pantry, Lounge, Reception
-Fully furnished corner suite -Currently built with 3 offices, 1 conference room, 2 phone rooms, reception area, and pantry -Great light on three exposures -Direct elevator exposure Virtual Tour : https://my.matterport.com/show/?m=a8JUjJzTdH3&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1
-Fully furnished -Currently built with 1 office, 1 conference room, workstations, reception, and a pantry Virtual Tour: https://my.matterport.com/show/?m=zK3JSr5gp1y&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1
Fully built and furnished 2 Offices, 1 conference room, Pantry New tenant amenity lounge on 3rd Fl
Brand new prebuild to be delivered Direct elevator access 4 Private windowed offices Conference room Reception and pantry Eight workstations with room to densify Multiple entrances to the space
4 Private offices, wet pantry, 10 workstations with room to densify
Fully built and furnished corner suite facing Madison Ave on 14th Fl Light on 3 sides 3 Private offices, 2 conference rooms, reception, pantry Ownership will modify
- Full tower floor - Currently built with 4 Offices, 1 conference room, pantry and private bathrooms. - Great light and views - Partially furnished Virtual Tour : https://my.matterport.com/show/?m=USCNuHGMxej&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1
Entire 45th Fl Suite with unobstructed views 1 Office, 1 Conference room, 8 workstations, Private bathroom
| Space | Size | Space Use | Build-Out | Available |
| Ground-Ste Inline | 1,200 SF | Retail | Shell Space | Now |
| 5th Fl-Ste E5 | 15,875 SF | Office | Full Build-Out | Now |
| 8th Fl-Ste 800A | 4,724 SF | Office | Full Build-Out | Now |
| 8th Fl-Ste 800B | 2,518 SF | Office | - | Now |
| 9th Fl-Ste 930 | 1,770 SF | Office | Full Build-Out | Now |
| 10th Fl-Ste 1008 | 2,514 SF | Office | Full Build-Out | Now |
| 11th Fl-Ste 1132 | 1,950 SF | Office | Full Build-Out | Now |
| 14th Fl-Ste 1407 | 5,917 SF | Office | Full Build-Out | Now |
| 27th Fl-Ste E27 | 3,900 SF | Office | Full Build-Out | Now |
| 45th Fl-Ste E45 | 2,500 SF | Office | Partial Build-Out | Now |
Ground-Ste Inline
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Build-Out |
| Shell Space |
| Available |
| Now |
5th Fl-Ste E5
| Size |
| 15,875 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
8th Fl-Ste 800A
| Size |
| 4,724 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
8th Fl-Ste 800B
| Size |
| 2,518 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
9th Fl-Ste 930
| Size |
| 1,770 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
10th Fl-Ste 1008
| Size |
| 2,514 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
11th Fl-Ste 1132
| Size |
| 1,950 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
14th Fl-Ste 1407
| Size |
| 5,917 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
27th Fl-Ste E27
| Size |
| 3,900 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
45th Fl-Ste E45
| Size |
| 2,500 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
Ground-Ste Inline
| Size | 1,200 SF |
| Space Use | Retail |
| Build-Out | Shell Space |
| Available | Now |
1,200 SF Available 22.5' Frontage 12' Ceilings Can Be Vented Suitable for QSR, Bakery, Coffee Shop or a traditional retail store. Ideally Positioned Between Two New QSR Concepts; ViviBowl & Barney Brown
5th Fl-Ste E5
| Size | 15,875 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Entire Full Floor Suite for Lease Fully furnished and fixtured 19 Offices 2 Conference Rooms 47 Work Stations (Room to Densify) 3 Phone Booths Pantry, Lounge, Reception
8th Fl-Ste 800A
| Size | 4,724 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
-Fully furnished corner suite -Currently built with 3 offices, 1 conference room, 2 phone rooms, reception area, and pantry -Great light on three exposures -Direct elevator exposure Virtual Tour : https://my.matterport.com/show/?m=a8JUjJzTdH3&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1
8th Fl-Ste 800B
| Size | 2,518 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
-Fully furnished -Currently built with 1 office, 1 conference room, workstations, reception, and a pantry Virtual Tour: https://my.matterport.com/show/?m=zK3JSr5gp1y&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1
9th Fl-Ste 930
| Size | 1,770 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Fully built and furnished 2 Offices, 1 conference room, Pantry New tenant amenity lounge on 3rd Fl
10th Fl-Ste 1008
| Size | 2,514 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Brand new prebuild to be delivered Direct elevator access 4 Private windowed offices Conference room Reception and pantry Eight workstations with room to densify Multiple entrances to the space
11th Fl-Ste 1132
| Size | 1,950 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
4 Private offices, wet pantry, 10 workstations with room to densify
14th Fl-Ste 1407
| Size | 5,917 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Fully built and furnished corner suite facing Madison Ave on 14th Fl Light on 3 sides 3 Private offices, 2 conference rooms, reception, pantry Ownership will modify
27th Fl-Ste E27
| Size | 3,900 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Full tower floor - Currently built with 4 Offices, 1 conference room, pantry and private bathrooms. - Great light and views - Partially furnished Virtual Tour : https://my.matterport.com/show/?m=USCNuHGMxej&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1
45th Fl-Ste E45
| Size | 2,500 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Entire 45th Fl Suite with unobstructed views 1 Office, 1 Conference room, 8 workstations, Private bathroom
Property Taxes
| Parcel Number | 1275-0050 | Improvements Assessment | $52,630,928 CAD |
| Land Assessment | $8,691,664 CAD | Total Assessment | $61,322,592 CAD |
Property Taxes
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UCC Foreclosure Sale: 295 Madison Avenue | 295 Madison Ave
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