Gateway Terrace
40 Fay St, Boston, MA 02118
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Independent brokerage page. BMN Boston Real Estate compiles public MLS listing and sales data for Gateway Terrace; it is not the building's management company, leasing office, or HOA. Contact Gateway Terrace directly for management, rental, or maintenance questions.
About Gateway Terrace
Gateway Terrace is a residential building built in 2006, located at 40 Fay St in Boston, MA 02118. The building features studio to 3-bedroom residences ranging from 469 to 1,713 square feet , with prices from $378K to $1.2M . There is currently 1 unit available for sale. 11 units have sold in the last two years at an average price of $761K .
Monthly HOA fees at Gateway Terrace range from $469 to $1,168 per month and commonly include Water, Sewer, Insurance . Parking is typically under, deeded, garage door opener, averaging 1.2 spaces per unit.
Last updated: 2026-08-21
1 Unit For Sale at Gateway Terrace
Unit Types at Gateway Terrace
| Unit Type | Beds | Baths | Sq Ft | Price Range | Available |
|---|---|---|---|---|---|
| Studio | Studio | 1 | 506 - 648 sqft | $430K - $560K | None listed |
| 1 Bedroom | 1 | 1 | 469 - 1,290 sqft | $148K - $1.2M | None listed |
| 1 Bedroom | 1 | 2 | 938 sqft | $805K | None listed |
| 2 Bedroom | 2 | 1 | 786 - 1,285 sqft | $240K - $1.1M | 1 for sale |
| 2 Bedroom | 2 | 2 | 840 - 1,713 sqft | $231K - $1.8M | 1 for sale |
| 3 Bedroom | 3 | 2 | 1,262 sqft | $410K | None listed |
| 3 Bedroom | 3 | 3 | 1,395 sqft | $379K | None listed |
Recently Sold at Gateway Terrace
| Address | Beds/Baths | Sq Ft | List Price | Sold Price | Change | Sold Date |
|---|---|---|---|---|---|---|
| 35 Fay Street # 101, Boston MA 02118 | 2bd / 2ba | 1,216 | $999K | $1.2M | +17.6% | May 14, 2026 |
| 1166 Washington # 311, Boston MA 02118 | 2bd / 2ba | 1,010 | $975K | $980K | +0.5% | Apr 29, 2026 |
| 40 Fay St # 704, Boston MA 02118 | 1bd / 1.5ba | 938 | $669K | $805K | +20.3% | Nov 4, 2025 |
| 40 Fay St # 302, Boston MA 02118 | 1bd / 1ba | 886 | $819K | $805K | -1.8% | Sep 16, 2025 |
| 1166 Washington St # 201, Boston MA 02118 | 1bd / 1ba | 918 | $749K | $735K | -1.9% | Sep 14, 2025 |
| 1166 Washington St # V406, Boston MA 02118 | 1bd / 1ba | 1,290 | $1.1M | $1.2M | +14.3% | Jul 31, 2025 |
| 40 Fay St # 505, Boston MA 02118 | 1bd / 1ba | 691 | $689K | $680K | -1.3% | Jun 19, 2025 |
| 60 Rantoul Street # 514, Beverly MA 01915 | 2bd / 1ba | 866 | $388K | $378K | -2.6% | May 14, 2025 |
| 40 Fay St # H604, Boston MA 02118 | 1bd / 1ba | 938 | $749K | $800K | +6.8% | Mar 20, 2025 |
| 60 Rantoul Street # 512, Beverly MA 01915 | 2bd / 2ba | 946 | $375K | $397K | +5.8% | Nov 14, 2024 |
| 60 Rantoul Street # 608, Beverly MA 01915 | 2bd / 1ba | 946 | $405K | $420K | +3.7% | Aug 25, 2024 |
Frequently Asked Questions About Gateway Terrace
Is BMN Boston Real Estate the management company or leasing office for Gateway Terrace?
No. BMN Boston Real Estate is an independent real estate brokerage. We compile public MLS listing and recent-sales data for Gateway Terrace to help buyers and sellers make informed decisions. We do not manage the building, lease units on behalf of the owner, or handle HOA matters. For management, leasing, or maintenance inquiries, please contact Gateway Terrace directly.
How many units are for sale at Gateway Terrace?
There are currently 1 condos for sale at Gateway Terrace in Boston, MA. Prices range from $925K.
What is the price range at Gateway Terrace?
Prices at Gateway Terrace range from $378K to $1.2M based on recent listings and sales. Prices vary by unit size, floor, and finishes.
What are the unit sizes at Gateway Terrace?
Units at Gateway Terrace range from 469 to 1,713 square feet, with 0 to 3 bedroom configurations.
How much do condos sell for at Gateway Terrace?
11 units have sold at Gateway Terrace in the last two years at an average price of $761K. The average time on market was 65 days.
When was Gateway Terrace built?
Gateway Terrace was built in 2006 and is located at 40 Fay St in Boston, MA 02118.
What are the HOA fees at Gateway Terrace?
Monthly HOA fees at Gateway Terrace $469 to $1,168 per month. Based on 12 listings with HOA data on file. Fees commonly include Water, Sewer, Insurance. Actual fees vary by unit; confirm with the listing agent.
Is parking available at Gateway Terrace?
Parking at Gateway Terrace is typically described as under, deeded, garage door opener. On average, listings include 1.2 parking spaces. Specific arrangements (deeded, assigned, garage vs. surface) vary by unit.
Looking to Buy or Tour at Gateway Terrace?
BMN Boston Real Estate is a real estate brokerage that tracks every MLS listing at Gateway Terrace. Schedule a tour, ask about a specific unit, or get instant alerts when new listings hit the market — download the app or browse all listings below.
Trying to reach the building's management or leasing office? Search "Gateway Terrace Boston management" — we are not affiliated with the building's management.
