21 Allen Street Somerville, MA 02143
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMiddlesex
- Taxes$57,409
- HOA/Condo/Coop Fees$0
- Days on Site70 Days
- MLS StatusActive
- MLS ID Number73211289
- Home Size Source Other
- Year Built2025
- Lot Size0.41 Acres
- Full Baths85
- Partial Baths6
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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
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