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Home apartments

Six-unit multi-family property fetches $2.08M in Greenwich

National Multifamily Corp. closed the deal on May 19

Gary Larkin by Gary Larkin
June 2, 2025
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This property at 113 S. Water St. and an adjacent undeveloped lot were sold for $2.08 million on May 19. Photo courtesy of National Multifamily Corp.

GREENWICH – Num 113 S. Water Street LLC and One Hundred Thirteen S. Water LLC have purchased a 6-unit multifamily property from Outer Curtain Wall LLC in Byram for $2.08 million, according to National Multifamily Corp. The deal on the 113 S. Water St. property closed on May 19.

Company president Matt Cawley represented the seller and procured the buyer in the transaction.

The property is comprised of two lots: a 6-unit (4 two-bedroom apartments and 2 studio apartments) and a 0.10-acre lot. The 3-story property, totaling 5,985 sq.ft. was originally built in 1919 and fully renovated in 2019. There was surface parking on the developable lot and a garage in the rear of the building.

“We are pleased to have represented the seller who had meticulously renovated the property in 2019,” Cawley said. “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.”

In the spring 2022, National Multifamily was launched by Cawley with a primary focus in the states of New York and Connecticut. The company is also licensed in the states of New Jersey, Massachusetts, Rhode Island, New Hampshire, Pennsylvania, Colorado, Georgia, South Carolina, North Carolina, and Florida.

 

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