Acylpeptide hydrolase is a serine protease, which, together with prolyl oligopeptidase, dipeptidyl peptidase IV and oligopeptidase B, belongs to the prolyl oligopeptidase family. Its primary function is associated with the removal of N‐acetylated amino acid residues from proteins and peptides. Although the N‐acylation occurs in 50–90 % of eukaryotic proteins, the precise functions of this modification remains unclear. Recent findings have indicated that acylpeptide hydrolase participates in various events including oxidized proteins degradation, amyloid β‐peptide cleavage, and response to DNA damage. Considering the protein degradation cycle cross‐talk between acylpeptide hydrolase and proteasome, inhibition of the first enzyme resulted in down‐regulation of the ubiquitin‐proteasome system and induction of cancer cell apoptosis. Acylpeptide hydrolase has been proposed as an interesting target for the development of new potential anticancer agents. Here, we present the synthesis of simple derivatives of (1‐aminoethyl)phosphonic acid diaryl esters, phosphonic analogs of alanine diversified at the N‐terminus and ester rings, as inhibitors of acylpeptide hydrolase and discuss the ability of the title compounds to induce apoptosis of U937 and MV‐4‐11 tumor cell lines.