For sale

$679,000

40 Fay St Unit 501, Boston, MA 02118

0beds

772sqft

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Condominium

Built in 2006

-- sqft lot

$668,100 Zestimate^®

$880/sqft

$692/mo HOA

What's special

Central heat and acIn-unit laundryGenerously sized open-concept layoutElevator buildingGranite counter topsIsland ideal for entertainingGas cooking

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.

178 days

94

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 772
Total interior livable area: 772 sqft
Finished area above ground: 772

Property

Features

Entry location: Unit Placement(Upper)
Waterfront features: 1 to 2 Mile To Beach

Details

Parcel number: 4705803
Zoning: Res

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Condition

Year built: 2006

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Amenities included: Hot Water, Elevator(s), Garden Area
Services included: Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA fee: $692 monthly

Location

Region: Boston

Financial & listing details

Price per square foot: $880/sqft
Tax assessed value: $674,000
Annual tax amount: $8,430
Date on market: 1/13/2026

Estimated market value

$668,100

$635,000 - $702,000

$3,745/mo

Price history

Date	Event	Price
3/9/2026	Price change	$679,000-1.5%$880/sqft
Source: MLS PIN #73467867 Report a problem
1/13/2026	Listed for sale	$689,000+21.9%$892/sqft
Source: MLS PIN #73467867 Report a problem
8/10/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/30/2022	Listed for rent	$3,000+20%$4/sqft
Source: Zillow Rental Manager Report a problem
9/10/2018	Listing removed	$2,500$3/sqft
Source: Luxury Residential Group, LLC #72368182 Report a problem
9/5/2018	Price change	$2,500-5.7%$3/sqft
Source: Luxury Residential Group, LLC #72368182 Report a problem
8/16/2018	Price change	$2,650-5.4%$3/sqft
Source: Luxury Residential Group, LLC #72368182 Report a problem
8/8/2018	Price change	$2,800-11.1%$4/sqft
Source: Luxury Residential Group, LLC #72368182 Report a problem
7/25/2018	Listed for rent	$3,150+37.3%$4/sqft
Source: Luxury Residential Group, LLC #72368182 Report a problem
8/30/2016	Sold	$565,000+46.8%$732/sqft
Source: Public Record Report a problem
8/17/2014	Listing removed	$2,295$3/sqft
Source: Hammond Residential #71717538 Report a problem
8/14/2014	Price change	$2,295-4.2%$3/sqft
Source: Hammond Residential #71717538 Report a problem
8/5/2014	Price change	$2,395-4%$3/sqft
Source: Hammond Residential #71717538 Report a problem
7/23/2014	Listed for rent	$2,495+4.2%$3/sqft
Source: Hammond Residential #71717538 Report a problem
4/8/2014	Listing removed	$2,395$3/sqft
Source: Hammond Residential #71622914 Report a problem
10/24/2013	Price change	$2,395-10.5%$3/sqft
Source: Hammond Residential #71594754 Report a problem
10/10/2013	Listed for rent	$2,675$3/sqft
Source: Hammond Residential #71594754 Report a problem
8/27/2012	Sold	$385,000+1.6%$499/sqft
Source: Public Record Report a problem
8/14/2012	Listed for sale	$379,000$491/sqft
Source: Coldwell Banker Residential Brokerage - Boston-South End #71395241 Report a problem
6/16/2012	Listing removed	$379,000$491/sqft
Source: Coldwell Banker Residential Brokerage - Boston-South End #71395241 Report a problem
6/12/2012	Listed for sale	$379,000$491/sqft
Source: Coldwell Banker Residential Brokerage - Boston-South End #71395241 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,806 +8.8%	$674,100 +2.4%
2024	$7,175 +3.6%	$658,300 +2%
2023	$6,928 -0.3%	$645,100 +1%
2022	$6,951 +4%	$638,900 +2%
2021	$6,683 +14.7%	$626,300 +13.5%
2020	$5,826 +3.2%	$551,700 +3%
2019	$5,644 -3.4%	$535,500 -4%
2018	$5,845 +504.4%	$557,700 +1.2%
2017	$967 -83.4%	$551,200 +4%
2016	$5,830 +2.7%	$530,000 +13.1%
2015	$5,675 +6.1%	$468,600 +10.2%
2014	$5,349 +1.5%	$425,200 +6%
2013	$5,272 +6.5%	$401,200 +5.7%
2012	$4,949	$379,500

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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