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  3. Boston, MA
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  5. 40 Fay
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40 Fay

40 Fay, Boston, MA, 02118 |40 Fay Street

YEAR BUILT

2006

# STORIES

7

# TOTAL UNITS

59

UNIT SIZE RANGE

548-1,922 sqft

Description

Gateway Terrace is a 7-story condominium built in 2006, located at 40 Fay St. The building offers modern 1 and 2-bedroom units designed to meet the needs of urban living. Amenities include a pool, garden area, and tennis court(s), ensuring recreational activities are just steps from home. Residents can benefit from the convenience of an elevator, providing easy access to all floors. The property also features direct access to a bike path, ideal for cycling enthusiasts. Additionally, Gateway Terrace is closely situated to public transportation and highway access, offering seamless connectivity for commuters. The building's proximity to a house of worship adds a touch of community and spirituality, while nearby parks provide green spaces for outdoor relaxation. The presence of hot water facilities ensures comfort and convenience for residents year-round. Though the building itself isn't tied to a specific neighborhood, its strategic location allows easy exploration of surrounding urban environments. Gateway Terrace combines essential urban amenities with thoughtful architectural features, making it an excellent choice for those seeking a condo lifestyle within a vibrant city setting.

Building ImageMLS ID #73416121
Building ImageMLS ID #73416121
Building Image
Building ImageView Listing

40 Fay

40 Fay, Boston, MA, 02118

|40 Fay Street

YEAR BUILT

2006

# STORIES

7

# TOTAL UNITS

59

UNIT SIZE RANGE

548-1,922 sqft

Description

Gateway Terrace is a 7-story condominium built in 2006, located at 40 Fay St. The building offers modern 1 and 2-bedroom units designed to meet the needs of urban living. Amenities include a pool, garden area, and tennis court(s), ensuring recreational activities are just steps from home. Residents can benefit from the convenience of an elevator, providing easy access to all floors. The property also features direct access to a bike path, ideal for cycling enthusiasts. Additionally, Gateway Terrace is closely situated to public transportation and highway access, offering seamless connectivity for commuters. The building's proximity to a house of worship adds a touch of community and spirituality, while nearby parks provide green spaces for outdoor relaxation. The presence of hot water facilities ensures comfort and convenience for residents year-round. Though the building itself isn't tied to a specific neighborhood, its strategic location allows easy exploration of surrounding urban environments. Gateway Terrace combines essential urban amenities with thoughtful architectural features, making it an excellent choice for those seeking a condo lifestyle within a vibrant city setting.

Next

Description

Gateway Terrace is a 7-story condominium built in 2006, located at 40 Fay St. The building offers modern 1 and 2-bedroom units designed to meet the needs of urban living. Amenities include a pool, garden area, and tennis court(s), ensuring recreational activities are just steps from home. Residents can benefit from the convenience of an elevator, providing easy access to all floors. The property also features direct access to a bike path, ideal for cycling enthusiasts. Additionally, Gateway Terrace is closely situated to public transportation and highway access, offering seamless connectivity for commuters. The building's proximity to a house of worship adds a touch of community and spirituality, while nearby parks provide green spaces for outdoor relaxation. The presence of hot water facilities ensures comfort and convenience for residents year-round. Though the building itself isn't tied to a specific neighborhood, its strategic location allows easy exploration of surrounding urban environments. Gateway Terrace combines essential urban amenities with thoughtful architectural features, making it an excellent choice for those seeking a condo lifestyle within a vibrant city setting.

40 Fay Market Stats Last 12 months

Avg. Listed Price$725,667($879/Sqft.)
Avg. Sale Price$772,414($902/Sqft.)
Year over year list priceDown Arrow3.12%
Year over year sale price 0.00%
Total Listings3 Listed
Total sold4 Sold
Average Days on Market82 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceDown Arrow3.12%
Year over year sale price0.00%
Total Listings3 Listed
Total sold4 Sold
Average Days on Market82 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

40 Fay Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 5065061039211202023-03-31
MLS#: 73061966 		Closed$869,000
Unit 50250288621462022-05-23
MLS#: 72963907 		Closed$905,000
Unit H-706H-7061404221462015-02-13
MLS#: 71746448 		Closed$1,250,000
Unit 502
502

2 Beds

1 Baths

886 sqft

DateStatusPrice
2022-05-23Closed$905,000
MLS#: 72963907
Days On Market46
Unit 506
506

2 Beds

1 Baths

1039 sqft

DateStatusPrice
2023-03-31Closed$869,000
MLS#: 73061966
Days On Market120
Unit H-706
H-706

2 Beds

2 Baths

1404 sqft

DateStatusPrice
2015-02-13Closed$1,250,000
MLS#: 71746448
Days On Market146
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

What really makes Gateway Terrace shine are the fantastic amenities at your disposal. Imagine sipping your morning coffee while overlooking a beautifully landscaped garden area or taking a refreshing swim in the pool during the hot summer months. For those who love staying active, a tennis court and nearby bike paths are perfect for enjoying the outdoors. On top of that, the building features handy elevators, ensuring access to all levels with ease. From public transportation access to nearby parks and houses of worship, you’ll find everything you need right at your fingertips.

Next

Amenities Description

What really makes Gateway Terrace shine are the fantastic amenities at your disposal. Imagine sipping your morning coffee while overlooking a beautifully landscaped garden area or taking a refreshing swim in the pool during the hot summer months. For those who love staying active, a tennis court and nearby bike paths are perfect for enjoying the outdoors. On top of that, the building features handy elevators, ensuring access to all levels with ease. From public transportation access to nearby parks and houses of worship, you’ll find everything you need right at your fingertips.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Tennis Court(s)

Tennis Court(s)

Storage

Storage

Balcony

Balcony

Pool

Pool

Policies

Gateway Terrace ensures a community-oriented environment with a few building policies in place. While pet restrictions do exist, the community is open to joyful gatherings, making it a friendly place for both residents and their guests. It’s important to stay informed about these policies to help ensure a smooth living experience.

Next

Amenities Description

Gateway Terrace ensures a community-oriented environment with a few building policies in place. While pet restrictions do exist, the community is open to joyful gatherings, making it a friendly place for both residents and their guests. It’s important to stay informed about these policies to help ensure a smooth living experience.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
40 Fay$902/sqft.$2 /sqft.
40 Fay Street$874/sqft.$2 /sqft.
Gateway Terrace$928/sqft.$2 /sqft.
139 E Berkeley$928/sqft.$2 /sqft.
Gateway Terrace$1,046/sqft.$2 /sqft.
35 Fay$1,046/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to 40 Fay.

Cathedral High School

--
Private|Grades 7–12
74 Union Park St|0.33 miles away

Josiah Quincy Elementary School

C
Public|Grades PK–5
885 Washington St|0.42 miles away

Blackstone Innovation School

D-
Public|Grades PK–5
380 Shawmut Ave|0.54 miles away

Quincy Upper School

D
Public|Grades 6–12
152 Arlington St|0.55 miles away

Boston Adult Technical Academy

--
Public|Grades 9–12
20 Church St|0.55 miles away

William Mckinley School

F
Public|Grades KG–12
90 Warren Ave|0.59 miles away
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Schools

Cathedral High School

--
Private|Grades 7–12
74 Union Park St|Less than 1 Mile Away

Josiah Quincy Elementary School

C
Public|Grades PK–5
885 Washington St|Less than 1 Mile Away

Blackstone Innovation School

D-
Public|Grades PK–5
380 Shawmut Ave|Less than 1 Mile Away

Quincy Upper School

D
Public|Grades 6–12
152 Arlington St|Less than 1 Mile Away

Boston Adult Technical Academy

--
Public|Grades 9–12
20 Church St|Less than 1 Mile Away

William Mckinley School

F
Public|Grades KG–12
90 Warren Ave|Less than 1 Mile Away

James Condon K-8 School

C-
Public|Grades PK–8
200 D St|Less than 1 Mile Away

Joseph J. Hurley K-8 School

C+
Public|Grades PK–8
70 Worcester St|Less than 1 Mile Away

Snowden International School At Copley

F
Public|Grades 9–12
150 Newbury St|1.13 Miles Away

Kingsley Montessori School

--
Private|Grades PK–6
26 Exeter St|1.23 Miles Away

Learning Project Elementary School

--
Private|Grades KG–6
107 Marlborough St|1.25 Miles Away

Park Street School

--
Private|Grades PK–6
67 Brimmer St|1.32 Miles Away

Carter Developmental Center

--
Public|Grades 6–12
396 Northampton St|1.33 Miles Away

Boston Collaborative High School

--
Public|Grades 10–12
215 Dorchester St|1.34 Miles Away

Up Academy Boston

C-
Public|Grades 6–8
215 Dorchester St|1.34 Miles Away

Kingsley Montessori School

--
Private|Grades PK–6
30 Fairfield St|1.37 Miles Away

The Newman School

--
Private|Grades 7–12
247 Marlborough St|1.45 Miles Away

The Newman School

--
Private|Grades 7–12
247 Marlborough St|1.45 Miles Away

Orchard Gardens K-8 School

D
Public|Grades PK–8
906 Albany St|1.48 Miles Away

The Advent School

--
Private|Grades PK–6
15 Brimmer St|1.49 Miles Away

Michael J. Perkins Elementary School

C-
Public|Grades KG–5
50 Burke St|1.50 Miles Away

Samuel W. Mason Elementary School

C-
Public|Grades PK–5
150 Norfolk Ave|1.67 Miles Away

Excel High School

F
Public|Grades 9–12
95 G St|1.70 Miles Away

Edward M. Kennedy Academy for Health Careers

C
Public|Grades 9–12
360 Huntington Ave...|1.84 Miles Away

St Patrick School

--
Private|Grades PK–6
131 Mount Pleasant...|1.90 Miles Away

Henry Dearborn STEM Academy

D-
Public|Grades 6–12
36 Winthrop St|1.92 Miles Away

Dudley Street Neighborhood Charter School

D+
Public|Grades PK–5
6 Shirley St|1.92 Miles Away

Boston Day & Evening Academy

F
Public|Grades 9–12
20 Kearsarge Ave|1.92 Miles Away

Roger Clap Elementary School

D
Public|Grades PK–5
35 Harvest St|1.94 Miles Away

Joseph P. Tynan Elementary School

--
Public|Grades PK–5
650 E 4th St|1.97 Miles Away

John D. O'Bryant School of Mathematics and Science

A-
Public|Grades 7–12
55 Malcolm X Blvd|2.00 Miles Away

Boston Collegiate Charter School

B
Public|Grades 5–12
11 Mayhew St|2.04 Miles Away

Madison Park High

F
Public|Grades 9–12
75 Malcolm X Blvd|2.06 Miles Away

Boston Children's School

--
Private|Grades PK–2
8 Whittier Pl Ste ...|2.09 Miles Away

St John School

--
Private|Grades PK–8
9 Moon St|2.12 Miles Away

James P. Timilty Middle School

D
Public|Grades 6–8
205 Roxbury St|2.17 Miles Away

Pope John Paul II Catholic Academy Columbia Campus

--
Private|Grades PK–8
790 Columbia Rd|2.18 Miles Away

William E Russell

B
Public|Grades PK–5
750 Columbia Rd|2.18 Miles Away

Malik Academy

--
Private|Grades 1–8
100 Malcolm X Blvd|2.28 Miles Away

Eliot K-8 School

B-
Public|Grades PK–8
16 Charter St|2.28 Miles Away

City on a Hill Charter Public School Circuit Street

D-
Public|Grades 9–12
58 Circuit St|2.42 Miles Away

Nathan Hale Elementary School

B+
Public|Grades PK–5
51 Cedar St|2.46 Miles Away

John Winthrop

C-
Public|Grades PK–5
35 Brookford St|2.47 Miles Away

Maurice J. Tobin K-8 School

C-
Public|Grades PK–8
40 Smith St|2.51 Miles Away

South Boston Catholic Academy

--
Private|Grades PK–6
866 E Broadway|2.54 Miles Away

Boston Latin School

A-
Public|Grades 7–12
78 Avenue Louis Pa...|2.58 Miles Away

Higginson / Lewis K-8 School

F
Public|Grades PK–8
131 Walnut Ave|2.60 Miles Away

Oliver Hazard Perry K-8 School

C
Public|Grades PK–8
745 E 7th St|2.62 Miles Away

Fenway High School

D+
Public|Grades 9–12
67 Alleghany St|2.65 Miles Away

Community Charter School of Cambridge

B
Public|Grades 6–12
245 Bent St|2.68 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Albany St @ Randolph St

0.3 miles away|6 min walk

Albany St opp Randolph St

0.32 miles away|7 min walk

540 Albany St opp Wareham St

0.48 miles away|10 min walk

Albany St @ Wareham St

0.48 miles away|10 min walk

43 W Dedham St

0.55 miles away|11 min walk

Albany St @ E Dedham St

0.58 miles away|12 min walk
Next

Transit

Albany St @ Randolph St

0.3 miles away|6 min walk

Albany St opp Randolph St

0.32 miles away|7 min walk

540 Albany St opp Wareham St

0.48 miles away|10 min walk

Albany St @ Wareham St

0.48 miles away|10 min walk

43 W Dedham St

0.55 miles away|11 min walk

Albany St @ E Dedham St

0.58 miles away|12 min walk

285 Tremont St

0.59 miles away|12 min walk

250 Dorchester Avenue

0.65 miles away|13 min walk

Albany St opp E Newton St

0.79 miles away|16 min walk

Arlington - Arlington St (East)

0.88 miles away|17 min walk

Arlington - Arlington St (West)

0.88 miles away|17 min walk

91 E Concord St

0.89 miles away|17 min walk

Arlington

0.89 miles away|18 min walk

Albany St opp E Concord St

0.89 miles away|18 min walk

Arlington - Elevator Boylston St

0.91 miles away|18 min walk

Albany St opp Boston Medical

1.01 miles away|20 min walk

350 Summer St

1.31 miles away|26 min walk

Andrew - Dorchester Ave @ Dexter St

1.32 miles away|26 min walk

Andrew

1.33 miles away|26 min walk

Andrew - Buses

1.33 miles away|26 min walk

Andrew - Dorchester Ave @ Leeds St

1.34 miles away|26 min walk

Andrew - Southampton St

1.34 miles away|26 min walk

Andrew - Elevator

1.34 miles away|26 min walk

Albany St @ Randall St

1.34 miles away|26 min walk

Albany St opp Randall St

1.35 miles away|26 min walk

Andrew - Street Buses

1.35 miles away|26 min walk

400 Summer St

1.36 miles away|27 min walk

180 Dorchester St opp W 7th St

1.4 miles away|27 min walk

442 W Broadway

1.43 miles away|28 min walk

360 Huntington Ave

1.68 miles away|33 min walk

Aquarium - State St (South)

1.71 miles away|33 min walk

Aquarium - State St opp McKinley Sq

1.71 miles away|33 min walk

Aquarium - State St (North)

1.72 miles away|33 min walk

Aquarium - Surface Rd @ State St

1.76 miles away|34 min walk

Aquarium

1.79 miles away|35 min walk

Aquarium - Waterfront and New England Aquarium

1.8 miles away|35 min walk

Annunciation Rd & Albert St

1.97 miles away|38 min walk

30 Annunciation Rd

1.99 miles away|39 min walk

69 Annunciation Rd

2.13 miles away|41 min walk

42A John Eliot Sq

2.2 miles away|43 min walk

205 Roxbury St

2.21 miles away|43 min walk

23 Drydock Ave

2.4 miles away|47 min walk

84 Massachusetts Ave

2.45 miles away|47 min walk

Ames St @ Main St

2.45 miles away|47 min walk

132 Brookline Ave opp Fullerton St

2.49 miles away|48 min walk

77 Massachusetts Ave

2.49 miles away|48 min walk

27 Drydock Ave

2.53 miles away|49 min walk

75 St. Alphonsus St

2.62 miles away|51 min walk

263 Mt Vernon St @ St Christopher's Church

2.63 miles away|51 min walk

250 Mt Vernon St @ Geiger Gibson Health Center

2.64 miles away|51 min walk

The Neighbourhood: 40 Fay

South End, a vibrant neighborhood in Suffolk County, MA, is celebrated for its historic brownstones and artistic flair. The area boasts an eclectic mix of galleries, theaters, and public art installations, making it a cultural haven. Food enthusiasts can indulge in a diverse array of culinary delights from numerous acclaimed restaurants and trendy cafes. Community parks offer green retreats perfect for leisurely strolls. Commuters appreciate the district's proximity to downtown Boston and its excellent public transportation options, including easy access to multiple subway lines and bus routes.

Next

Neighbourhood Description

South End, a vibrant neighborhood in Suffolk County, MA, is celebrated for its historic brownstones and artistic flair. The area boasts an eclectic mix of galleries, theaters, and public art installations, making it a cultural haven. Food enthusiasts can indulge in a diverse array of culinary delights from numerous acclaimed restaurants and trendy cafes. Community parks offer green retreats perfect for leisurely strolls. Commuters appreciate the district's proximity to downtown Boston and its excellent public transportation options, including easy access to multiple subway lines and bus routes.

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40 Fay Demographics

Age Demographics

0–14 Years

9.14%

15–29 Years

29.54%

30–44 Years

24.89%

45–59 Years

17.24%

60+ Years

19.19%

Commute

23.46%

Transit

32.55%

Walk

24.91%

Drive

2.35%

Bike

Housing Ownership

31.1%

Owner Occupied

68.9%

Rental Units

Household Types

Single Family
13.14%
Multi Family
2.48%
Single Person
47.59%
Multi Person
52.41%

Average Income

Household:$10,224,834.28 /yr

Individual:$8,659,474.28 /yr

Education

Bachelors Degree30.19%
High School College12.03%
Diploma2.7%
Post Graduate34.08%
Others21%
Next

Education

Diploma2.7%
Post Graduate34.08%
Others21%
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  2. /Boston, MA
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    40 Fay
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