Ayush Kapahi
Principal
Founding Partner
SKF Development
Services
Brokerage
1144 Evergreen Ave, Bronx, NY 10472
SKF Development|HKS Capital Partners NYC portfolio
$62.5 million -elevator 48%, condo 37%, development 6%; Bronx 65%*
1968th largest portfolio by dollar value
603,518 sqft – elevator 56%, condo 26%, D7 11%; Bronx 75%
724th largest by SF
18 properties – Bronx 79%
569th largest
1,177 residential units – Bronx 87%
286th largest by residential units
Other Links:
Notes
HKS is a brokerage firm for loans and sales. Ayush Kapahi often signs acquisition and loan documents as manager of an owner entity, for SKF Development.
Person Activity past 24 months:
Seller signatory: 4 for $86.1 million
Borrower signatory: 4 for $67.6 million
Top Ten Associated Companies:
Popular Bank (14), Doe Fund (1), Valley National Bank (1), Carter Management (1), Berkadia Commercial Mortgage (1), Atlantis Management Group (1), Stephanie Eisenberg (1), Centennial Bank (1), New York City Acquisition Fund (1), Ladder Capital (1)
Top Ten Associated People:
Sana Khaliq (5), John McDonald (1), Richard A. Grani (1), Jason Carter (1), Emma Robinson (1), Tumay Basaranlar (1), Stephanie Eisenberg (1), Joseph Del Vecchio (1), Tahisha Lue-Hing (1), Dean A. Salzman (1)
Recent activity as signatory:
• Ayush Kapahi and Joseph Del Vecchio borrowed $12.4 million from Popular Bank for 401 East 184 Street on April 28, 2026.
• Ayush Kapahi borrowed $26.2 million from Popular Bank for 189 East 205 Street on June 17, 2025.
• Ayush Kapahi borrowed $19.1 million from Popular Bank for 171 East 205 Street on June 17, 2025.
• SKF Development ground leased 1760 Boone Avenue valued at $10.7 million to Joseph Del Vecchio on March 12, 2025.
• SKF Development sold 2732 Creston Avenue for $26 million to Doe Fund on August 30, 2024.
• HKS Capital Partners sold 4427 White Plains Road for $23.6 million to Better Haven Foundation and Vocational Instruction Project Community Services on July 26, 2024.
• SKF Development borrowed $9.9 million from Popular Bank for 401 East 184 Street on July 01, 2024.
• SKF Development sold 2470 Tiebout Avenue for $25.8 million to MBD Community Housing Corp on June 27, 2024.
• Atlantis Management Group sold 3083 Webster Avenue for $7 million to SKF Development on April 25, 2024.
• SKF Development borrowed $9.1 million from New York City Acquisition Fund for 3083 Webster Avenue on April 25, 2024.
Latest Stories:
• SKF Development signs $37.2M refi for 133-unit rental in Fordham Manor (November 14, 2024)
• Better Haven acquires new 58-unit, $23.6M building in Wakefield (August 14, 2024)
• Popular Bank gives $9.9M construction loan for 40-unit development in Belmont (July 22, 2024)
• MBD pays $25.8M for 57-unit building in Fordham Heights (July 08, 2024)
• SKF pays $7M to Atlantis Management Group for dev site in Norwood (May 02, 2024)
• HKS Capital signs $14.8M construction loan for 64-unit project in Bedford Park (March 08, 2023)
Properties:
Broker Info
Active Listings:
Recent activity as broker:
• No recent activity found for this broker.
