Cawley, Friedberg, and Hewes of National Multifamily broker $2.28 million six-unit multifamily deal (NEREJ)

Stamford, CT National Multifamily brokered the sale of a six-unit apartment building located at 265 Greenwich Ave. to a Connecticut-based investor for $2.28 million ($380,000 per unit). The deal closed on April 8th, 2026. Matt Cawley, Olivia Friedberg, and Michael Hewes of National Multifamily represented the seller in the transaction. The buyer was represented by Jennifer McDade and Chris Lara of Berkshire Hathaway HomeServices New England Properties.

The property at 265 Greenwich Ave. was comprised of six units totaling 5,760 rentable s/f in one-three story building. The property was built in 1919, sits on a 0.18-acre site, and has 13 off-street parking spaces located in the rear. The property was comprised of six residential units, three of which are rented to Section 8, providing steady rental income. Tenants pay for heat and hot water through individual gas boilers and hot water heaters.

Cawley said, “We are pleased to have represented the seller who had purchased the property a few years prior. We were able to complete the record-breaking transaction within 1% of the asking price. This shows the incredible demand for multifamily assets in Fairfield County. The building had excellent cash flow, and we look forward to watching the buyer’s continued success.”

National Multifamily was founded by Cawley in 2022. Headquartered in Rye Brook, NY the company focuses exclusively on the sale of multifamily and mixed-use properties. 

With a primary focus in the states of New York and Connecticut, the company is additionally licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, and Florida. While the company has grown in geographic reach, National Multifamily continues to be one of the top multifamily brokerages in Connecticut.

National Multifamily brokers six-unit Rye multifamily for $2.675 million (NYREJ)

Rye, NY Matt Cawley, Michael Hewes, and Olivia Friedberg of National Multifamily sold 99 Theodore Fremd Ave. in an off-market transaction for $2.675 million.

The property is comprised of six two-bedroom free-market units totaling 5,656 rentable s/f in one 3-story building built in 1926. Situated on a 0.31-acre site there were off-street parking spaces for the tenants, four rentable garages, and a laundry facility. Two of the units had decks. The landlord paid for heat and hot water through a central gas boiler and hot water heater.

The property is located outside of downtown and is walking distance to the Rye Metro North Station with access to Grand Central Terminal in Midtown Manhattan in under 45 minutes.

Cawley said “We are pleased to have completed the sale of 99 Theodore Fremd Ave. The transaction was completed entirely off market. With an unbeatable location near downtown Rye and walking distance to the Metro North train station we are excited to see what the buyer has in store for the property as they bring the building into the next era.”

Cawley of National Multifamily brokers four-unit sale for $2.701 million (NEREJ)

Old Greenwich, CT National Multifamily brokered the sale of a four-unit apartment building located at 193 Sound Beach Ave. to a New York-based investor for $2.701 million ($675,250 per unit). The deal closed on February 12, 2026. Company president Matt Cawley represented the seller in the transaction.

The property at 193 Sound Beach Ave. was comprised of four units (two retail units on the ground floor with two oversized one-bedrooms on the second floor) totaling 5,570 rentable s/f in one-two story building. The property was built in 1915, is on a 0.14-acre site, and has six off-street parking spaces. The landlord paid for the heat through a central gas system. The apartments have in-unit laundry, separate electric hot water heaters, and both have sundecks that can be accessed via the back of the apartments and from the parking lot in the rear.

Cawley said, “We are pleased to have represented the seller whose family had maintained the property through multiple generations. Our marketing generated 15 offers in the first week, showing the strength of Connecticut’s transit-oriented business districts for mixed-use properties. We look forward to what the buyer has in store for the property as they bring the building into the next era.”

National Multifamily was founded by Cawley in 2022. Headquartered in Rye Brook, NY the company focuses exclusively on the sale of multifamily and mixed-use properties. With a primary focus in the states of New York and Connecticut, the company is additionally licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, & Florida.

While the company has grown in geographic reach, Cawley continues to be one of the top multifamily brokers in Connecticut.

2025 Year in Review: Matt Cawley, National Multifamily (NEREJ)

Looking back at 2025, what deal, project, or key moment best reflected the direction of the New England CRE market this year? While inventory and sales volume continued at a similar and lower than usual pace, like the years before it, a key moment for us looking into the future of the New England CRE market this year was hiring two very talented analysts knowing and having confidence in the market beginning to increase its momentum and continuing to improve in 2026.

What accomplishment or milestone stood out for you or your firm in 2025? National Multifamily had an incredible 2025. We celebrated our three-year anniversary as a young firm earlier this year. Our team grew to five, with three in the New York office and two remote and over the past 12 months we sold and have under contract 25 properties totaling 532 units. None of this is possible without the fortune of getting to work with so many amazing clients, buyers, and others in the apartment building industry including the NEREJ.

As you look ahead to 2026, which emerging trends or shifts will shape opportunities for you, your firm, or your market sector? The two primary factors that we are tracking looking ahead to 2026 are the ever-changing landscape of each state’s legislation in relation to housing policies and multifamily properties and a wave of cheap debt that is beginning to expire next year which will result in either higher interest rate refinancing or increased sales volume. Both will create opportunities on the sell and buy side as deals are put under the microscope.

National Multifamily brokers sale of four-unit mixed-use building (NEREJ)

New Haven, CT National Multifamily brokered the sale of a four-unit apartment building located at 1346 State St. to a New York-based investor for $510,000 ($127,500 per unit). The deal closed on October 31st. Company president Matt Cawley represented the seller in the transaction.

The property at 1346 State St. was a four-unit mixed-use building featuring three fully-renovated apartments (2 two-bedrooms and 1 three-bedroom) and one retail unit across 3,817 s/f. Built around 1900, it includes a backyard, a pitched asphalt shingle roof, and a mix of central and individual heating systems. Recent upgrades include full apartment renovations, basement plumbing and electrical work, and a new water meter.

Cawley said, “We are pleased to have represented the seller who had completed a full renovation of the building when they purchased the property in 2022. Our marketing generated a full-price offer. Over the course of the deal we worked through and negotiated a small credit for tenant buyouts, environmental items, structural, and title issues. We look forward to what the buyer has in store for the property.”

National Multifamily was founded by Cawley in 2022. Headquartered in Rye Brook, N.Y. the company focuses exclusively on the sale of multifamily and mixed-use properties. While the company has grown in geographic reach, Cawley continues to be one of the top multifamily brokers in Connecticut.

With a primary focus in the states of New York and Connecticut, the company is additionally licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, & Florida.

Cawley of National Multifamily closes on five-unit apartment for $1.71 million (NEREJ)

Norwalk, CT National Multifamily brokered the sale of a five-unit apartment building located at 2 Park St. to a Connecticut-based investor for $1.71 million ($342,000 per unit). The deal closed on August 7th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.

The subject property, 2 Park St. was comprised of five units (four oversized one bedrooms and one oversized loft studio) totaling 4,136 rentable s/f in one three-story building. The property was built in 1900 and fully renovated in 2017. The building is set on a .22-acre site and has an off-street parking lot with 10 designated parking spaces. Fully landscaped with flagstone walkways and shrubbery, the irrigated property includes an outdoor patio area and built-in gas grill.

Cawley said “We are pleased to have represented the seller who had  renovated the property in 2017. The owners’ top notch renovations combined with our marketing pushed the pricing boundaries with the deal closing as one of the highest price-per-unit and the highest price-per-s/f recorded for a multifamily property. The building will fit nicely in the buyer’s portfolio as they already own multiple properties nearby.”

National Multifamily was founded by Matt Cawley in 2022. Headquartered in Rye Brook, N.Y., the company focuses exclusively on the sale of multifamily and mixed-use properties. While the company has grown in geographic reach, Cawley continues to be one of the top multifamily brokers in Fairfield County. Windows 2025 Flicker latest version license key photoshop free full version free canva pro free free download fl studio crack full version free

Cawley of National Multifamily arranges six-unit apartment sale totaling $2.077 million (NEREJ)

Greenwich, CT National Multifamily brokered the sale of a six-unit apartment building and a contiguous developable parcel located at 113 S. Water St. to a Connecticut based investor for $2,076,500 ($344,167 per unit). The deal closed on May 19th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.

The subject property, 113 S. Water St. was comprised of two lots: a six-unit (four two-bedroom apartments and two studio apartments) and a 0.10-acre lot. The three-story property, totaling 5,985 s/f was originally built in 1919 and fully renovated in 2019. Situated on a combined 0.20-acre site in the “Byram” neighborhood of Greenwich, there was surface parking on the developable lot and a garage in the rear of the building. The owner paid for heat and hot water at the property.

Cawley said, “We are pleased to have represented the seller who had meticulously renovated the property in 2019. Our marketing generated an over asking price offer within 36 hours of the property being on the market. The building will fit nicely in the buyer’s portfolio as they already own multiple properties nearby.”

National Multifamily was founded by Cawley in 2022. Headquartered in Rye Brook, NY the company focuses exclusively on the sale of multifamily and mixed-use properties. With a primary focus in the states of New York and Connecticut, the company is additionally licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, & Florida.

While the company has grown in geographic reach, Cawley continues to be one of the top multifamily brokers in Fairfield County.

The sale of 113 S. Water St. marks the fourth sale Cawley has completed in the Byram neighborhood of Greenwich over the last two years.

Cawley of National Multifamily brokers six-unit multifamily (NYREJ)

Port Chester, NY National Multifamily brokered the sale of a six-unit apartment building located at 56-58 Oak St. to a NY-based investor for $750,000 ($125,000 per unit). The deal closed on March 28th. Company president Matt Cawley represented the seller and procured the buyer in the off-market transaction.

The subject property was comprised of 6 two-bedroom units. The three-story property, totaling 4,212 s/f was originally built in 1900 via city records. Situated on a .12-acre lot, the site has a backyard that is not accessible from the street. The owner pays for common electric and the water for utilities. The tenants paid for the heat and hot water through individual gas systems.

Cawley said “We are pleased to have represented the seller who had owned the property for over 44 years. The deal technically occurred off-market as we procured the buyer on the first day of the listing agreement. The quickness of the deal showcases the demand for apartment buildings surrounding the construction boom of downtown Port Chester.”

National Multifamily brokers seven-building portfolio for $1.55 million (NEREJ)

Bridgeport CT National Multifamily brokered the sale of a contiguous seven-building, 16-unit portfolio located on Granfield Ave. and Palisade Ave. to a New York-based investor for $1.55 million. The deal closed on January 10th. Company president Matt Cawley represented the seller and procured the buyer in the off-market transaction.

Over the course of 28 years, the sellers had pieced together the contiguous seven-property parcel with the original intention to develop the site that now totaled 0.71 acres as it was next door to a 116-unit complex they owned. When the owners decided to sell their 116-unit through Cawley of National Multifamily (closed Dec. 12th, 2024), they were ready to sell their remaining assets in the city.

The portfolio consisted of 33-35 Granfield Ave. (five units), 43-45 Granfield Ave. (four units), 330 Palisade Ave. (two units), 37-39 Granfield Ave. (two units), 332 Palisade Ave. (single family), 25 Granfield Ave. (single family), and 57 Granfield Ave. (single family).

Cawley said “We are pleased to have represented the sellers who had picked up the portfolio in pieces over the past 28 years.  The properties were contiguous with a 116-unit complex we had just sold for the owner in December 2024. We were able to execute an off-market strategy we had planned with the owner prior to hitting the market for the buildings. We expect the buyer to do very well with the portfolio as they look at the individual pieces that comprised of the whole deal.”

National Multifamily was founded by Cawley in 2022.  Headquartered in Rye Brook, NY the company focuses exclusively on the sale of multifamily and mixed-use properties. With a primary focus in the states of New York and Connecticut, the company is additionally licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, and Florida.

While the company has grown in geographic reach, Cawley continues to be one of the top multifamily brokers in Bridgeport where he has personally closed 39 buildings totaling 994 units in the city alone.

Cawley of National Multifamily brokers $14.1m sale of 116-unit apartment building (NEREJ)

Bridgeport, CT National Multifamily brokered the sale of a 116-unit apartment building located at 340 Palisade Ave. to a New York-based investor for $14.1 million ($121,552 per unit). The deal closed on December 12th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.

The subject property, 340 Palisade Ave., had been held by the same family since they built the property 54 years ago. The site consists of two buildings on a single 1.46-acre site. Both buildings were three-story, brick walk-ups that were built in the early 1970s and combined to total 74,312 s/f. The 116 apartments consisted of 15 studios, 83 one-bedrooms, 15 two-bedrooms, and 3 three-bedrooms. Each building had one central gas boiler and a laundry room for the tenants. There was also an on-site office located in 340 Palisade Ave.

Cawley said “We are pleased to have represented the sellers who had owned the property for over 54 years. The sale marks one of the lowest cap rates ever recorded in the city of Bridgeport for an apartment building. With 10 offers in the first 10 days of marketing the property, it shows how strong of a demand there is for investment properties in both Bridgeport and Fairfield County as a whole. We expect the buyer to do tremendously well at the property as they continue to invest in the complex.”

National Multifamily was founded by Cawley in 2022. Headquartered in Rye Brook, NY the company focuses exclusively on the sale of multifamily and mixed-use properties. With a primary focus in the states of New York and Connecticut, the company is additionally licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, & Florida.

While the company has grown in geographic reach, Cawley continues to be one of the top multifamily brokers in Bridgeport, Conn. where he has personally closed 32 buildings totaling 978 units in the city alone.