The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.
Sold
$7,300,000
21 Allen St, Somerville, MA 02143
76beds
47,572sqft
5+ Family - 5+ Units Up/Down
Built in 2025
-- sqft lot
$-- Zestimate®
$153/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: February 07, 2025 at 11:18am
Listed by:
Ryan Taylor,
Fortune RE,
Justin Pepple
Bought with:
Ryan Taylor
Fortune RE
Source: MLS PIN,MLS#: 73329721
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 76
- Bathrooms: 91
- Full bathrooms: 85
- 1/2 bathrooms: 6
Features
- Doors: Insulated Doors
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 47,572
- Total interior livable area: 47,572 sqft
Property
Features
- Fencing: Fenced/Enclosed
- Has view: Yes
- View description: City View(s)
Lot
- Size: 0.41 Acres
- Features: Cleared, Level
Details
- Parcel number: 759249
- Zoning: UR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Bike Path, Public School, T-Station, University
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 15322