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$7,950,000
68 Days Online

21 Allen Street
Somerville, MA 02143

For Sale|Multi-Family|Active
County:
Middlesex

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21 Allen Street21 Allen Street21 Allen Street
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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.

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Listing Snapshot
Price 
$7,950,000
Days Online 
68 Days
Bedrooms 
76
Inside Area (SqFt) 
47,572 sqft
Total Baths 
91
Full Baths 
85
Partial Baths 
6
Lot Size 
0.41 Acres
Year Built 
2025
MLS® Number 
73211289
Status 
Active
Property Tax 
$57,409
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $7,950,000
4 weeks agoPrice changed to $8,250,000
2 months agoListing first seen online
General Features
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
12
Acreage 
0.41
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Foundation 
Concrete Perimeter
Zoning 
UR
Buyer Agent Compensation 
1.5
Facilitator Compensation 
0
Compensation Based On 
Gross/Full Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Interior Features
Fireplaces 
0
Window Features 
Insulated Windows
Fireplace 
No
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Exterior Features
View 
City View(s)
Spa 
No
Waterfront Property 
No
Lot 
ClearedLevel
Lot Features 
ClearedLevel
Community Features
Community Features 
Public TransportationShoppingBike PathPublic SchoolT- StationUniversityT-Station
Senior Community 
No
Adult Care Community 
No
Listing courtesy of Ryan Taylor of Fortune RE



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-05-16 09:35 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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