BMN Boston

Get our mobile app!

Download on the App Store
(617) 955-2224
40 Fay St # 501, Boston MA 02118 - Preview 1 40 Fay St # 501, Boston MA 02118 - Preview 2 40 Fay St # 501, Boston MA 02118 - Preview 3 40 Fay St # 501, Boston MA 02118 - Preview 4 40 Fay St # 501, Boston MA 02118 - Preview 5 40 Fay St # 501, Boston MA 02118 - Preview 6 40 Fay St # 501, Boston MA 02118 - Preview 7 40 Fay St # 501, Boston MA 02118 - Preview 8 40 Fay St # 501, Boston MA 02118 - Preview 9 40 Fay St # 501, Boston MA 02118 - Preview 10
40 Fay St # 501, Boston MA 02118 - Preview 1 40 Fay St # 501, Boston MA 02118 - Preview 2 40 Fay St # 501, Boston MA 02118 - Preview 3 40 Fay St # 501, Boston MA 02118 - Preview 4 40 Fay St # 501, Boston MA 02118 - Preview 5 40 Fay St # 501, Boston MA 02118 - Preview 6 40 Fay St # 501, Boston MA 02118 - Preview 7 40 Fay St # 501, Boston MA 02118 - Preview 8 40 Fay St # 501, Boston MA 02118 - Preview 9 40 Fay St # 501, Boston MA 02118 - Preview 10

40 Fay St # 501, Boston MA 02118

Boston, MA 02118 • South End
$679,000
Est. $5,028/month
1
Baths
772
Sq Ft
$880
Price/Sq Ft
2006
Year Built
Condominium
Type
161
Days on Market
Active Price Drop -$10,000 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! Garage Parking at 35 Fay St available for $125,000.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Public Records

Current Owner

Owner ZHENG YAN YAN
Mailing Address 574 AUBURN ST, AUBURNADLE, MA, 02466

Land Use

Use Code 108
Description N/A

Tax Information

Assessed Value $60,000

Assessment History

Year Land Building Total Change
FY2023 $0 $60,000 $60,000 —

Sale History

Date Price Book/Page
Oct 14, 2022 $125,000 68310/190
Oct 14, 2022 $110,000 68309/232
Sep 8, 2022 $460,000 68186/128
Sep 6, 2022 $1,054,000 68175/119
Jul 19, 2022 $1,810,000 67967/109
Jul 13, 2022 $1,450,000 67941/212
Jul 11, 2022 $1 67928/163
Jun 1, 2022 $855,000 67734/294
May 23, 2022 $905,000 67685/257
Apr 29, 2022 $680,000 67572/25

Building Permit History

Issued Type / Work Status Value
Oct 17, 2025 Short Form Bldg Permit
INTEXT
Interior/Exterior Work
Permit #SF1787985 		Open $667,736
Jun 18, 2025 Electrical Permit
ELECTRICAL
Electrical
Permit #E1734137 		Closed $7,500
Jan 13, 2025 Electrical Permit
ELECTRICAL
Electrical
Permit #E1682586 		Closed $4,500
Dec 17, 2024 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1677352 		Closed $8,500
Oct 8, 2024 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1659942 		Open $1,600
Jul 29, 2024 Gas Permit
GAS
Gas
Permit #G1632384 		Closed $500
Jul 29, 2024 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1631883 		Closed $3,500
Jul 29, 2024 Short Form Bldg Permit
INTREN
Renovations - Interior NSC
Permit #SF1631899 		Closed $20,000
Jul 25, 2024 Electrical Permit
ELECTRICAL
Electrical
Permit #E1628696 		Closed $3,800
Jul 11, 2024 Electrical Permit
ELECTRICAL
Electrical
Permit #E1623852 		Closed $46,000
Jul 1, 2024 Short Form Bldg Permit
INTREN
Renovations - Interior NSC
Permit #SF1618945 		Closed $159,899
Jan 26, 2024 Short Form Bldg Permit
OTHER
Other
Permit #SF1561249 		Closed $241,427
Nov 27, 2023 Electrical Low Voltage
LVOLT
Low Voltage
Permit #ELV1545582 		Open $22,000
Oct 19, 2022 Electrical Temporary Service
GEN
Generators
Permit #ETS1405567 		Open $500
Aug 17, 2022 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1370368 		Open $7,500
Aug 12, 2022 Electrical Permit
ELECTRICAL
Electrical
Permit #E1377595 		Closed $2,900
Aug 9, 2022 Short Form Bldg Permit
INTREN
Renovations - Interior NSC
Permit #SF1365055 		Open $100,000
Apr 8, 2022 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1309846 		Open $1,500
Apr 8, 2022 Gas Permit
GAS
Gas
Permit #G1309843 		Open $1,500
Dec 20, 2021 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1279021 		Open $2,500
Dec 20, 2021 Gas Permit
GAS
Gas
Permit #G1279020 		Open $2,500
Nov 29, 2021 Electrical Temporary Service
GEN
Generators
Permit #ETS1272594 		Closed $500
Sep 16, 2021 Electrical Permit
ELECTRICAL
Electrical
Permit #E1247379 		Open $2,000
Sep 8, 2021 Plumbing Permit
PLUMBING
Plumbing
Permit #PL1246296 		Closed $1,500
Sep 8, 2021 Gas Permit
GAS
Gas
Permit #G1246299 		Closed $500
Jul 28, 2021 Short Form Bldg Permit
INTEXT
Interior/Exterior Work
Permit #SF1221723 		Open $16,343
Data: City of Boston Open Data (Analyze Boston)

Municipal Context: BOSTON

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 1 772 ✗
Match: address_condo (90.0% confidence) · Data as of Jun 1, 2026

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

Loading map...

Neighborhood

South End

40 Fay St # 501, Boston MA 02118

Boston, MA 02118

Walkability

Loading Walk Score...

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

10 schools
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
D
Melvin H. King South End Academy
0.5 mi | #24 of 25 | Score: 20.2
Improved 363 spots from last year
-38.1 below state avg
125 students Diverse
Rising School Diverse Student Body
Grades PK-12
F
Condon K-8 School
0.7 mi | #345 of 352 | Score: 24.6
Improved 13 spots from last year
-33.6 below state avg
518 students Diverse
Diverse Student Body
Grades PK-08
C
Hurley K-8 School
0.7 mi | #258 of 352 | Score: 35.8
Dropped 23 spots from last year
-22.4 below state avg
335 students Moderate
Grades PK-08
B
Excel Academy Charter School
0.8 mi | #155 of 346 | Score: 54.9
Improved 160 spots from last year
-3.3 below state avg
1,379 students Moderate
High Graduation Rate Rising School
Grades 05-12
St. Peter Academy School
0.9 mi
Grades PK-08
The Learning Project
0.9 mi
Grades K-06
Park Street School
1.0 mi
Grades K-07
Kingsley Montessori School
1.0 mi
Grades PK-06
Advent School
1.1 mi
Grades K-06
M

Middle Schools

10 schools
Middle School Academy
1.0 mi
F
Higginson/Lewis K-8 School
1.9 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.3 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
Nativity Prep School
2.4 mi
Grades 05-08
Dearborn Middle School
2.6 mi
Mother Caroline Academy
2.7 mi
Grades 05-08
Epiphany School
3.5 mi
Grades 05-08
C
Ohrenberger School
7.1 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
UP Academy
1.0 mi
Timilty Middle
1.6 mi
H

High Schools

10 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
Newman School
1.1 mi
Grades 07-12
B
Dearborn STEM Academy
1.4 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
1.5 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
A+
Boston Latin School
1.9 mi | #19 of 346 | Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
C
Ruth Batson Academy
2.1 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
A+
Boston Latin Academy
2.1 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
D
Charlestown High School
2.6 mi | #322 of 346 | Score: 31.0
Improved 49 spots from last year
-27.2 below state avg
754 students Diverse
11 sports • 488 athletes
Early College Program Rising School
Grades 07-12
Meridian Academy
2.9 mi
Grades 06-09
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
$0/mo
Cost $0/mo

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

Market Insights

1
Price Changes
1.5%
Price Range

Property Timeline

↓
Price Reduced
Mar 9, 2026
$679,000 $10,000 (-1.45%)
From $689,000 to $679,000 (-1.4%)
🏠
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
Mar 9, 2026 Price Changed $679,000 -$10,000
Jan 13, 2026 New Listing Added $689,000 —

Market Statistics

Days on Market
161 days
Price per Sq Ft
$880
Total Price Drop
-$10,000

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 Data Updated May 4, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

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
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour