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40 Fay St # 501, Boston MA 02118

Boston, MA 02118 • South End
$689,000
Est. $5,078/month
1
Baths
772
Sq Ft
$892
Price/Sq Ft
2006
Year Built
Condominium
Type
2
Days on Market
Active Listed Jan 13, 2026 • MLS# 73467867 Copied!

About this home

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!

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2006
Full Bathrooms
1
Living Area
772 sq ft
Total Rooms
3
Stories
1
Entry Level
5

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 772 sq ft
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,430
Assessed Value $674,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 2006
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

South End

40 Fay St # 501, Boston MA 02118

Boston, MA 02118

Walkability

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Nearby Schools

School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
⚠ School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
↓ 1.8% below state avg
E

Elementary Schools

3 schools
A
Quincy Elementary School
0.3 mi | #122 of 824 | Score: 57.9
Improved 230 spots from last year
-0.3 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades PK-05
F
Blackstone Elementary School
0.4 mi | #809 of 824 | Score: 26.3
Improved 12 spots from last year
-31.9 below state avg
582 students Moderate
Grades PK-06
Blackstone Elementary
0.4 mi
M

Middle Schools

2 schools
Middle School Academy
1.0 mi
UP Academy
1.0 mi
H

High Schools

3 schools
Cathedral High School
0.3 mi
9 sports • 430 athletes
Grades 07-12
C
Quincy Upper School
0.3 mi | #268 of 346 | Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students Very Diverse
12 sports • 208 athletes
High Graduation Rate Diverse Student Body
Grades 06-12
C-
Edward M. Kennedy Academy for Health Careers: A Horace Mann Charter Public School - Lower Campus
0.4 mi | #307 of 346 | Score: 36.8
Improved 17 spots from last year
-21.4 below state avg
383 students Diverse
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-11
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $703
Homeowners Insurance $200
HOA Fee $692/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 13, 2026
$689,000
Original listing
Agent: Haywood Kristiansen Group Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Jan 13, 2026 New Listing Added $689,000 —

Market Statistics

Days on Market
2 days
Price per Sq Ft
$892

Tax History

Year Taxes Assessment
2026 $8,430 $674,000

Financial Details

Annual Property Tax
$8,430
Tax Year 2026
HOA Fee
$692
Monthly
Assessed Value
$674,000

Listing Information

Listing Agent Haywood Kristiansen Group
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID TM333394
Office MLS ID AN6192
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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40 Fay St # 501, Boston MA 02118 - Photo 1 40 Fay St # 501, Boston MA 02118 - Photo 2 40 Fay St # 501, Boston MA 02118 - Photo 3 40 Fay St # 501, Boston MA 02118 - Photo 4 40 Fay St # 501, Boston MA 02118 - Photo 5 40 Fay St # 501, Boston MA 02118 - Photo 6 40 Fay St # 501, Boston MA 02118 - Photo 7 40 Fay St # 501, Boston MA 02118 - Photo 8 40 Fay St # 501, Boston MA 02118 - Photo 9 40 Fay St # 501, Boston MA 02118 - Photo 10
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