Michael Shah
(Michael K. Shah)
Ceo
Delshah Capital
Owner
114 E 13th St Frnt 1, New York, NY 10003
Delshah Capital NYC portfolio
$578.6 million -elevator 66%, walkup 15%, mixed-use 8%; Manhattan 58%, Brooklyn 41%*
385th largest portfolio by dollar value
1,015,363 sqft – elevator 57%, walkup 27%, mixed-use 6%; Brooklyn 57%, Manhattan 42%
478th largest by SF
38 properties – Brooklyn 54%, Manhattan 46%
246th largest
909 residential units – Brooklyn 65%, Manhattan 34%
353th largest by residential units
5 foreclosures, 4 bankruptcies, 15 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $76 million
Seller signatory: 7 for $401.1 million
Borrower signatory: 6 for $111.3 million
Top Ten Associated Companies:
Arker Companies (3), Signature Bank (3), L+M Development Partners (2), LIHC Investment Group (2), Peapack Private Bank & Trust (2), Arbor Realty Trust (2), Manocherian Brothers (2), Aria Development Group (2), Eran Nomberg (1), Rialto Capital Management (1)
Top Ten Associated People:
Zachary Bermudez (4), Alexander Arker (3), Joshua Benaim (2), Lisa Breier Urban (1), Niral Shah (1), Yhia Alfaks (1), Hong Bae Park (1), Albert Shirian (1), Abe Richard Cohen (1), Jack Preston (1)
Recent activity as signatory:
• 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 $14.1 million from Peapack Private Bank & Trust for 140 Ludlow Street on March 05, 2026.
• Delshah Capital borrowed $5.5 million from Peapack Private Bank & Trust for 461 7 Avenue on March 05, 2026.
• 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 140 Park Hill Avenue, Park Hill, Staten Island for $135.2 million to Arker Companies 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 pays $76M to LCOR for 142-unit rental in Williamsburg (April 10, 2026)
• 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)
• 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: