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Presented by: Coldwell Banker Realty Powered by Highrises

40 Fay St Unit 501, Boston, MA 02118 listing image 1

For Sale

$689,000

40 Fay St Unit 501, Boston, MA 02118

0Bed
1Bath
772SqFt

0Bed
1Bath
772SqFt

Property Type
Condo
Year Built
2006
HOA Fees
$692/mo
Price per Sqft
$892
On highrises
18 Days

Property Details

Rarely available luxury loft studio in the heart of SoWa, offering 10' ceilings, polished concrete floors, and an abundance of natural light from two walls of windows showcasing stunning Back Bay skyline views! This 5th floor corner home features a generously sized open-concept layout with a designer kitchen appointed with Bosch & Paykel stainless steel appliances, granite counter tops, gas cooking, and an island ideal for entertaining, along with central heat and AC and in-unit laundry. Gateway Terrace is an elevator building with a common courtyard featuring outdoor lounge seating and a gas grill, ideally located moments from SoWa Open Markets, Ink Block dining and fitness, and Whole Foods! Garage Parking at 35 Fay St available for $125, 000.

Property Features

Bedrooms

Bedrooms: 0

Other Rooms

Total Rooms: 3
Entry Foyer Level: 5

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Heating and Cooling

Cooling Features: Central Air
Heating Features: Forced Air, Natural Gas
Heating: Yes

Waterfront and Water Access

1 to 2 Mile To Beach

Homeowners Association

Association: Yes
Association Amenities: Hot Water, Elevator(s), Garden Area
Association Fee: 692
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Calculated Total Monthly Association Fees: 692

Multi-Unit Info

Number of Units: 138

Other Property Info

Annual Tax Amount: 8430
City Region: South End
Source Listing Status: Active
County: Suffolk
Directions: Corner of Harrison Ave & Fay St
Tax Year: 2026
Source Property Type: Residential
Home Warranty: No
Area: South End
Property Subtype: condo
Source Neighborhood: South End
Parcel Number: 4705803
Zoning: Res
Property Subtype: Condominium

Building and Construction

Total Square Feet Living: 772
Year Built: 2006
Above Grade Finished Area: 772
Building Area Total: 772
Building Area Units: Square Feet
Building Name: Gateway Terrace
Entry Location: Unit Placement(Upper)
Property Age: 20
Property Attached: Yes
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Mid-Rise
Year Built Details: Actual
Year Built Source: Public Records

Utilities

Sewer: Public Sewer
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
01/13/2026	Listed	$689,000	$892	MLSPIN
05/16/2024	Listing removed	$3,200	$4	MLSPIN
05/08/2024	Price Changed for rent	$3,200	$4	MLSPIN
05/06/2024	Listed for rent	$3,300	$4	MLSPIN
08/30/2022	Listing removed	$3,000	$4	MLSPIN
08/10/2022	Listing removed	-	-	MLSPIN
08/05/2022	Listed for rent	$3,000	$4	MLSPIN

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2025	$7,806	-	+	$674,100	=	$674,100
2024	$7,175	-	+	$658,300	=	$658,300
2023	$6,928	-	+	$645,100	=	$645,100
2022	$6,951	-	+	$638,900	=	$638,900
2021	$6,683	-	+	$626,300	=	$626,300
2020	$5,826	-	+	$551,700	=	$551,700
2019	$5,644	-	+	$535,500	=	$535,500

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
1395 Washington St Apt 404	$1.5M	1	1	1040	1040
380 Harrison Ave Ph 2B	$2.2M	2	2	1365	1365
595 Albany St Unit 501	$1.5M	2	2	1048	1048
595 Albany St Unit 201	$1.2M	2	2	1048	1048
595 Albany St Unit 302	$2.1M	3	3	1468	1468
41 Worcester Sq Apt 1	$405K	0	1	368	368

Presented by:
null Haywood Kristiansen Group

Broker Location:

Boston

Data Source:

MLSPIN

Source's Property ID:

73467867

Data Source Copyright:

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$689,000

40 Fay St Unit 501, Boston, MA 02118