Michael Shah
(Michael K. Shah)
Ceo
Delshah Capital
Owner
114 E 13th St Frnt 1, New York, NY 10003
Delshah Capital NYC portfolio
$881.2 million -elevator 55%, condo 25%, walkup 11%; Manhattan 58%, Brooklyn 41%*
305th largest portfolio by dollar value
1,674,264 sqft – elevator 48%, condo 26%, walkup 18%; Manhattan 52%, Brooklyn 47%
326th largest by SF
48 properties – Brooklyn 50%, Manhattan 49%
214th largest
1,196 residential units – Brooklyn 61%, Manhattan 38%
321th largest by residential units
5 foreclosures, 4 bankruptcies, 15 other court cases.
Person Activity past 24 months:
Buyer signatory: 3 for $125.8 million
Seller signatory: 7 for $401.1 million
Borrower signatory: 9 for $187 million
Top Ten Associated Companies:
Signature Bank (3), Peapack Private Bank & Trust (3), Arker Companies (3), Arbor Realty Trust (2), Manocherian Brothers (2), Aria Development Group (2), L+M Development Partners (2), LIHC Investment Group (2), Joel Lefkowitz (1), John Schreiber (1)
Top Ten Associated People:
Zachary Bermudez (4), Alexander Arker (3), Joshua Benaim (2), John Schreiber (1), Chun Lee (1), Ethan R. Cohen (1), Mark Stempel (1), Michael Mestel (1), Kieran Bryers (1), Sarah Coyne (1)
Recent activity as signatory:
• Delshah Capital borrowed $60.5 million from Prospect Ridge for 458 Grand Street on June 15, 2026.
• Quality Capital USA and KFIR Capital sold 16 Manhattan Avenue for $36.9 million to Delshah Capital on June 15, 2026.
• Pembroke sold 65 West 96th Street, Upper West Side, Manhattan for $12.9 million to Delshah Capital on June 12, 2026.
• Delshah Capital borrowed $8.2 million from W Financial for 65 West 96th Street, Upper West Side, Manhattan on June 12, 2026.
• 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 140 Park Hill Avenue, Park Hill, Staten Island for $135.2 million to Arker Companies on December 18, 2025.
Latest Stories:
• Delshah Capital pays $12.9M to Pembroke for UWS retail (July 15, 2026)
• Delshah Capital pays $127.8M for 3 buildings, 140 units in Williamsburg (July 01, 2026)
• 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)
Court Records: