Welcome to this stunning modern loft, ideally situated in Gateway Terrace, right in the heart of Boston’s vibrant South End. Nestled near the dynamic Ink Block neighborhood, this home offers unparalleled access to some of the city’s finest dining, a thriving art gallery scene, sports fields, dog parks, gyms, and the highly coveted Whole Foods Market. Flooded with natural light from expansive east-facing windows, this beautifully designed home features an open-concept layout with a sleek Siematic kitchen, outfitted with high-end Fisher & Paykel and Bosch stainless steel appliances. Enjoy polished concrete floors, granite countertops, gas cooking, in-unit washer/dryer, and generous closet space throughout. Located in a professionally managed, secure elevator building, residents also enjoy access to a beautifully landscaped common courtyard with a shared BBQ area, perfect for entertaining. Rental parking is available. In 2024 the building’s lobbies were beautifully renovated.
— MLSPIN #: 73373614Map of 40 Fay St, #505, Boston, MA 02118
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| List Price: | $689,000 |
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| Status: | New |
| MLS ID: | 73373614 |
| Town: | Boston |
| Neighborhood: | South End |
| County: | Suffolk |
| Zip: | 02118 |
| Property Type: | Residential |
| Property Sub Type: | Condominium |
| Bedrooms: | 1 |
| Full Baths: | 1 |
| Living Area: | 691 sqft |
| Acres: | 0.02 |
| Taxes: | 7,587 |
| Association Fee: | $590 |
| Cooling: | Central Air |
| Heating: | Forced Air |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 2006 |
| Association Fee Frequency: | Monthly |
| Roof: | Rubber |
| Directions: | Refer to GPS |
| Postal Code Plus4: | 4310 |
| Construction Materials: | Brick, Stone |
| Listing Contract Date: | 2025-05-13 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.02 |
| Lot Size Square Feet: | 691 |
| Rooms Total: | 2 |
| Association Amenities: | Hot Water, Elevator(s) |
| Association Fee Includes: | Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds |
| Bathrooms Total Integer: | 1 |
| Basement: | N |
| Building Area Source: | Public Records |
| Building Area Total: | 691 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, House of Worship |
| Exterior Features: | Professional Landscaping |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 138 |
| Parcel Number: | W:03 P:06390 S:068, 4525401 |
| Property Attached?: | Yes |
| Sewer: | Public Sewer |
| Structure Type: | Mid-Rise |
| Zoning: | CD |
| Stories Total: | 1 |
| Year Built Source: | Public Records |
| Building Name: | Gateway Terrace |
| Disclosures: | 2% of purchase price is due to the BRA each time unit is sold. The property is currently rented - Tenant in place til August 31st 2025 |
| Entry Level: | 5 |
| Entry Location: | Unit Placement(Upper) |
| Farm Land Area Units: | Square Feet |
| Listing Agreement: | Exclusive Right To Sell |
| Comp Based On: | Gross/Full Sale Price |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 1 |
| Disclosure: | No |
| Dpr Flag: | Yes |
| Heat Zones: | 1 |
| Lead Paint: | Unknown |
| Listing Alert: | No |
| List Price Per Sqft: | $997.11 |
| Management: | Professional - Off Site |
| No Units Owner Occ: | 93 |
| Owner Occ Source: | Management |
| Page: | 999999 |
| Price Per Sqft: | $997.11 |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Unit Building: | 505 |
| Year Round: | Yes |
| Original List Price: | $689,000 |
| Pets Allowed: | Yes w/ Restrictions |
| Room Master Bathroom Features: | No |
| Security Features: | Intercom |
| Tax Assessed Value: | $655,200 |
| Tax Year: | 2025 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on May 14, 2025 06:07 PM
Property Last Updated: May 14, 2025 03:31 AM
Listing Courtesy of: Compass
Listing Agent: Alan Duggan
617-943-3450
