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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

Qualified Bidder Deadline: July 10, 2026
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

Sale Type
Investment
Property Type
Office
Building Size
301,128 SF
Building Class
C
Year Built
1929
Tenancy
Multiple
Building Height
47 Stories
Typical Floor Size
6,407 SF
Slab To Slab
12’
Building FAR
20.95
Lot Size
0.33 AC
Zoning
C5-3, C-5 2.5, MID

Sustainability

LEED Certified
Certified
LEED certification is a globally recognized symbol of sustainability achievement.

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
  • Ground-Ste Inline
  • 1,200 SF
  • Retail
  • Shell Space
  • 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
  • 15,875 SF
  • Office
  • Full Build-Out
  • 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
  • 4,724 SF
  • Office
  • Full Build-Out
  • 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
  • 2,518 SF
  • Office
  • -
  • 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
  • 1,770 SF
  • Office
  • Full Build-Out
  • Now

Fully built and furnished 2 Offices, 1 conference room, Pantry New tenant amenity lounge on 3rd Fl

  • 10th Fl-Ste 1008
  • 2,514 SF
  • Office
  • Full Build-Out
  • 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
  • 1,950 SF
  • Office
  • Full Build-Out
  • Now

4 Private offices, wet pantry, 10 workstations with room to densify

  • 14th Fl-Ste 1407
  • 5,917 SF
  • Office
  • Full Build-Out
  • 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
  • 3,900 SF
  • Office
  • Full Build-Out
  • 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
  • 2,500 SF
  • Office
  • Partial Build-Out
  • Now

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

Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
1275-0050
Land Assessment
$8,691,664 CAD
Improvements Assessment
$52,630,928 CAD
Total Assessment
$61,322,592 CAD
  • Listing ID: 40959191

  • Date on Market: 2026-06-17

  • Last Updated:

  • Address: 295 Madison Ave, New York, NY 10017

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