Delshah Capital
Lender
114 E 13th St Frnt 1, New York, NY 10003
People:
Delshah Capital NYC portfolio
$497.5 million -elevator 60%, walkup 18%, mixed-use 10%; Manhattan 68%, Brooklyn 31%*
446th largest portfolio by dollar value
850,804 sqft – elevator 48%, walkup 32%, mixed-use 7%; Manhattan 50%, Brooklyn 49%
546th largest by SF
37 properties – Brooklyn 53%, Manhattan 46%
256th largest
729 residential units – Brooklyn 57%, Manhattan 42%
435th largest by residential units
5 foreclosures, 4 bankruptcies, 15 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $76 million
Seller company: 8 for $403.5 million
Borrower company: 6 for $111.3 million
Lender company: 1 for $5.5 million
Top Ten Associated Companies:
Signature Bank (3), Arker Companies (3), Arbor Realty Trust (2), Manocherian Brothers (2), Aria Development Group (2), Delshah Capital (2), L+M Development Partners (2), LIHC Investment Group (2), Peapack Private Bank & Trust (2), Lions Group (1)
Top Ten Associated People:
Zachary Bermudez (4), Alexander Arker (3), Joshua Benaim (2), Albert Shirian (1), Abe Richard Cohen (1), Jack Preston (1), Jeffrey S. Wall (1), Jason Rottinger (1), Philip Russ (1), Valerie Rubin (1)
Recent activity as company:
• LCOR sold 42 Berry Street for $76 million to Delshah Capital on March 31, 2026.
• Delshah Capital borrowed $62.2 million from Ares Management for 42 Berry Street on March 31, 2026.
• Delshah Capital borrowed $5.5 million from Peapack Private Bank & Trust for 461 7 Avenue on March 05, 2026.
• Delshah Capital borrowed $14.1 million from Peapack Private Bank & Trust for 140 Ludlow Street on March 05, 2026.
• Delshah Capital sold 140 Park Hill Avenue, Park Hill, Staten Island for $135.2 million to Arker Companies on December 18, 2025.
• Delshah Capital sold None for $135.3 million to Arker Companies, L+M Development Partners and LIHC Investment Group on December 18, 2025.
• Delshah Capital sold 225 Park Hill Avenue, Park Hill, Staten Island for $94.1 million to Arker Companies, L+M Development Partners and LIHC Investment Group on December 18, 2025.
• Delshah Capital sold 58 9 Avenue for $21 million to BNF Capital on July 02, 2025.
• Delshah Capital sold 69 Gansevoort Street for $9.2 million to Iconiq Capital on July 02, 2025.
• Delshah Capital sold 193 Sackett Street for $3.1 million to Yhia Alfaks on January 29, 2025.
Latest Stories:
• Delshah Capital signs $5.5M refi loan with Peapack for retail in Garment District (March 24, 2026)
• Lions Group signs $18.7M refi with Greystone for 37-unit walkup in West Village (March 03, 2026)
• Kazi Jhosey pays $2.2M for bankrupt retail in NoMad (October 28, 2025)
• BNF Capital pays $21M to Delshah Capital for mixed-use in Chelsea{ (July 14, 2025)
• Delshah files apparent consensual $30M bankruptcy for Meatpacking retail (May 09, 2025)
• Yhia Alfaks pays $3.1M to Delshah for 6-unit walkup in Carroll Gardens (February 10, 2025)
Court Records:
Properties: