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40 Fay St Unit 501
Condo
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$679,000

$880/sqft

40 Fay St Unit 501, Boston

28% below median
0 bd·1 ba·772 sqft
Built 2006Harrison Lenox

40 Fay St Unit 501, Boston, MA

0 bd · 1 ba · 772 sqft Condo listed at $679,000, built in 2006 in the Harrison Lenox neighborhood.

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! Garage Parking at 35 Fay St available for $125,000.

Property details

Price
$679,000
Bedrooms
0
Bathrooms
1
Interior
772 sqft
Price / sqft
$880
Year built
2006
Type
Condo
Days on market
103
Est. property tax
$8,148/yr · $679/mo · 1.2% MA avg
HOA
$692/mo

Estimated monthly payment

Down payment20% ($135,800)
Interest rate6.75%
Principal & Interest$3,523
Property Tax$622
Insurance$150
Total$4,296/mo

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Price history

▼ 1.5%Most recent change on 2026-03-09: $689,000 → $679,000.

$758K$345K$-67K$2K on Aug 10 (Price change)$2K on Sep 10 (Price change)$379K on Jun 12 (Initial list)$385K on Aug 13 (Sold)$2K on Aug 13 (Price change)$3K on Oct 13 (Price change)$2K on Oct 13 (Price change)$2K on Oct 13 (Price change)$2K on Dec 13 (Price change)$2K on Jan 14 (Price change)$2K on Mar 14 (Price change)$2K on Jul 14 (Price change)$2K on Aug 14 (Price change)$2K on Aug 14 (Price change)$2K on Aug 14 (Price change)$599K on Jun 16 (Initial list)$565K on Aug 16 (Sold)$3K on Jul 18 (Price change)$3K on Aug 18 (Price change)$3K on Aug 18 (Price change)$3K on Aug 18 (Price change)$3K on Sep 18 (Price change)$3K on Sep 18 (Price change)$2K on Sep 18 (Price change)$3K on Mar 19 (Price change)$3K on Jul 22 (Price change)$3K on Aug 22 (Price change)$3K on Aug 22 (Price change)$3K on May 24 (Price change)$3K on May 24 (Price change)$3K on May 24 (Price change)$689K on Jan 26 (Initial list)$679K on Mar 26 (Price change)
$2K · Aug 10$679K · Mar 26
  1. Mar 9, 2026$679,000Price change
  2. Jan 13, 2026$689,000Initial list price
  3. May 16, 2024$3,200Price change
  4. May 8, 2024$3,200Price change
  5. May 6, 2024$3,300Price change
  6. Aug 30, 2022$3,000Price change
  7. Aug 5, 2022$3,000Price change
  8. Jul 2, 2022$3,150Price change
  9. Mar 5, 2019$2,500Price change
  10. Sep 12, 2018$2,350Price change
  11. Sep 11, 2018$2,500Price change
  12. Sep 5, 2018$2,500Price change
  13. Aug 16, 2018$2,650Price change
  14. Aug 8, 2018$2,800Price change
  15. Aug 1, 2018$2,950Price change
  16. Jul 25, 2018$3,150Price change
  17. Aug 30, 2016$565,000Sold
  18. Jun 22, 2016$599,000Initial list price
  19. Aug 17, 2014$2,295Price change
  20. Aug 13, 2014$2,295Price change
  21. Aug 4, 2014$2,395Price change
  22. Jul 22, 2014$2,495Price change
  23. Mar 7, 2014$2,395Price change
  24. Jan 14, 2014$2,395Price change
  25. Dec 31, 2013$2,395Price change
  26. Oct 23, 2013$2,395Price change
  27. Oct 17, 2013$2,495Price change
  28. Oct 9, 2013$2,675Price change
  29. Aug 31, 2013$2,040Price change
  30. Aug 29, 2013$385,000Sold
  31. Jun 11, 2012$379,000Initial list price
  32. Sep 2, 2010$1,790Price change
  33. Aug 26, 2010$1,790Price change

Location

This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.

About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.

Location

Map of 40 Fay St Unit 501, Boston
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Home Intelligence

Neighborhood (zip 02118)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 37.3; 28% hold a bachelor's degree; median household income is $74,155.

Median income
$74,155
Median age
37.3
Owner-occupied
28.2%
Bachelor's degree
28.3%
Census median home value
$1,002,700

Source: US Census Bureau American Community Survey 5-year estimates.

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