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40 Commercial Wharf #40, Boston, MA, 02110

2beds
2baths
1,123sqft
$1,495,000
$1,331price/sqft
$9,095/moest. monthly cost
$363,800/yrincome needed

About This Home

Waterfront living in one of Boston's most distinctive residences. This first-floor unit at historic Commercial Wharf offers its own private entrance, a rare find, and direct access to the harbor marina and working waterfront just outside your door. Inside, the character is unmistakable: soaring brick-and-beam ceilings, exposed brick, hardwood floors, and city and harbor views. The open-concept layout is built for everyday ease and effortless entertaining. The chef's kitchen features a SubZero refrigerator, Thermador 5-burner gas cooktop, generous breakfast bar, and custom cabinetry. A flex space off the primary suite serves perfectly as a home office or gym, while the interior second bedroom makes an ideal guest suite or creative space. Large storage unit included. Moments from Christopher Columbus Park, North End, Faneuil Hall, and the Seaport.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
78
BikeVery Bikeable

Schools

9/10
3/10
Quincy Upper SchoolGrades 6-121.2 mi
5/10
Adams Elementary SchoolGrades PK-60.8 mi

Construction

Condition

  • Year built: 1899

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,123

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,123
  • Total interior livable area: 1,123 sqft

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: 3356207
  • Zoning: RES

Features

  • Entry location: Unit Placement(Ground)
  • Has view: Yes
  • View description: Water,Harbor
  • Has water view: Yes
  • Water view: Harbor,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Harbor,Marina

Parking

  • Total spaces: 2
  • Parking features: Off Street,Rented,Exclusive Parking
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,559$90,708
Home Insurance *$323$3,876
Property Taxes $859$10,308
Electricity $354$4,259
Total$9,095$109,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,828/yr
40% on housing$272,850/yr
45% on housing$242,533/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,331This listing

vs Other Active Listings

Avg $/sqft

ZIP 02110$1,096
Suffolk County$574

vs Homes Sold Last Month

Median $/sqft

ZIP 02110
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-26Listed for sale$1,495,000
2022-02-15Sold$1,420,000
2021-09-12Contingent$1,449,000
2021-09-08Price change$1,449,000
2021-08-30Listed for sale$1,459,000
2021-08-23Contingent$1,459,000
2021-06-21Listed for sale$1,459,000
2018-07-31Sold$1,350,000
2018-06-02Pending sale$1,395,000
2018-05-25Listed for sale$1,395,000

For Sale by Agent

AgentShannon Lavin
BrokerageCompass

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