Gateway Terrace
40 Fay St, Boston, MA 02118
About this page — Steve Novak Real Estate is an independent real estate brokerage. We compile public MLS listing and sales data for Gateway Terrace. We are not the management company, leasing office, or HOA for this building. For management, rental, or maintenance inquiries, please contact Gateway Terrace directly.
About Gateway Terrace
Gateway Terrace is a residential building built in 2004, located at 40 Fay St in Boston, MA 02118. The building features studio to 2-bedroom residences ranging from 691 to 1,290 square feet , with prices from $639K to $1.2M . There are currently 4 units available for sale. 7 units have sold in the last two years at an average price of $858K .
Monthly HOA fees at Gateway Terrace range from $590 to $1,168 per month and commonly include Water, Sewer, Insurance .
Last updated: 2026-05-06
Unit Types at Gateway Terrace
| Unit Type | Beds | Baths | Sq Ft | Price Range | Available |
|---|---|---|---|---|---|
| Studio | Studio | 1 | 772 sqft | $679K | 1 for sale |
| 1 Bedroom | 1 | 1 | 691 - 1,290 sqft | $639K - $1.2M | 1 for sale |
| 1 Bedroom | 1 | 2 | 938 sqft | $805K | 1 for sale |
| 2 Bedroom | 2 | 1 | 1,039 sqft | $959K | 2 for sale |
| 2 Bedroom | 2 | 2 | 1,010 - 1,216 sqft | $960K - $999K | 2 for sale |
4 Units For Sale at Gateway Terrace
1 Unit Under Agreement
Recently Sold at Gateway Terrace
| Address | Beds/Baths | Sq Ft | List Price | Sold Price | Change | Sold Date |
|---|---|---|---|---|---|---|
| 1166 Washington # 311, Boston MA 02118 | 2bd / 2ba | 1,010 | $975K | $980K | +0.5% | Apr 30, 2026 |
| 40 Fay St # 704, Boston MA 02118 | 1bd / 1.5ba | 938 | $669K | $805K | +20.3% | Nov 5, 2025 |
| 40 Fay St # 302, Boston MA 02118 | 1bd / 1ba | 886 | $819K | $805K | -1.8% | Sep 17, 2025 |
| 1166 Washington St # 201, Boston MA 02118 | 1bd / 1ba | 918 | $749K | $735K | -1.9% | Sep 15, 2025 |
| 1166 Washington St # V406, Boston MA 02118 | 1bd / 1ba | 1,290 | $1.1M | $1.2M | +14.3% | Aug 1, 2025 |
| 40 Fay St # 505, Boston MA 02118 | 1bd / 1ba | 691 | $689K | $680K | -1.3% | Jun 20, 2025 |
| 40 Fay St # H604, Boston MA 02118 | 1bd / 1ba | 938 | $749K | $800K | +6.8% | Mar 21, 2025 |
Location
Frequently Asked Questions About Gateway Terrace
Is Steve Novak Real Estate the management company or leasing office for Gateway Terrace?
No. Steve Novak 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 4 condos for sale at Gateway Terrace in Boston, MA. Prices range from $639K - $960K.
What is the price range at Gateway Terrace?
Prices at Gateway Terrace range from $639K 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 691 to 1,290 square feet, with 0 to 2 bedroom configurations.
How much do condos sell for at Gateway Terrace?
7 units have sold at Gateway Terrace in the last two years at an average price of $858K. The average time on market was 81 days.
When was Gateway Terrace built?
Gateway Terrace was built in 2004 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 $590 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.
Looking to Buy or Tour at Gateway Terrace?
Steve Novak 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.