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33706959
33706960

295 MADISON AVE, NEW YORK, NY 10017

GC
NY 10491213060
Northgate Real Estate Group
Listed by Northgate Real Estate Group
Unpriced
6 days on market
Updated 6 days ago

UCC Foreclosure Sale: 295 Madison Avenue

Details
APN 1012750050
Property Type Office
Square Footage 301,128
Units 85
Year Built 1929
Stories 45
Lot Size (SqFt) 13,725
Sale Condition Distressed

UCC Foreclosure Sale: 295 Madison Avenue

Marketing description

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 [email protected], 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.

Listing Contacts

GC
NY 10491213060
Northgate Real Estate Group
Listed by Northgate Real Estate Group

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Zoning

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C5-2.5 CommercialCore CommercialRestricted Central Commercial
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Greg Corbin
License
10491213060
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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