5029220001

Acquired: February 19, 2026, $135.3 million

Built: 1968

SF: 408,800

Dwelling units: 404

No. of buildings: 3

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

HPD Ownership Registration Information

Last registered: 2026-03-10 (expires 2026-09-01)

Transactions:

• Delshah Capital sold 200-280 Park Hill Avenue, Park Hill, Staten Island for $135.3 million to Arker Companies, L+M Development Partners and LIHC Investment Group on February 19, 2026.

Development:

• Michael Shah filed major alteration job 520041605 for 390,053 sqft R-2 building with 135 apartments in Park Hill, Staten Island, on July 08, 2010.

• Alex Arker filed alteration job S01315075 for 408,800 sqft R-2 building with 134 apartments in Park Hill, Staten Island, on November 12, 2025.

• Alex Arker filed alteration job S01314714 for 408,800 sqft R-2 building with 134 apartments in Park Hill, Staten Island, on November 07, 2025.

• Alex Arker filed alteration job S01220219 for 408,800 sqft RES building with 132 apartments in Park Hill, Staten Island, on November 07, 2025.

• Alex Arker filed alteration job S01220217 for 408,800 sqft R-2 building with 132 apartments in Park Hill, Staten Island, on November 06, 2025.

• Vincent Capparelli filed alteration job S00341596 for building with 404 apartments in Park Hill, Staten Island, on July 13, 2020.

Litigation:

• A $258,092 lawsuit was filed 651769/2024 against Delshah Capital on April 05, 2024,seeking a money judgment related to constructionat 240 Park Hill Avenue.

Violations:

According to city public data, the properties have received $4,375 in ECB penalties, 612 housing violations, $33,355 in OATH penalties, and 10 housing litigations in the last year.

Latest Stories:

• Arker, L+M, LIHC pay $364.7M to Delshah Capital for 1,103-unit complex on Staten Island (February 20, 2026)