A 23-unit condominium community in Back Bay, Boston.
Market figures reflect closed sales over the last 24 months. Data sourced from MLS PIN.
Penny Savings Bank is a 23-unit boutique condominium in Boston's South End, housed within a landmark building that merges the original white marble and granite facade of a historic bank with a contemporary glass-topped structure. This architectural hybrid creates loft-style residences with soaring ceilings, oversized windows, and dramatic floor-to-ceiling glass walls—units that feel considerably larger than their stated square footage. The building is elevator-equipped and professionally managed, with a median sale price of $1.55 million over the past 24 months and an average market time of 12 days.
The building offers diverse floorplans ranging from studios to two-bedroom, two-bathroom homes. One-bedroom units (roughly 1,200–1,300 sq ft) often include studies or offices, providing flexibility for remote work. Two-bedroom layouts span approximately 1,267–1,630 square feet. Corner units and penthouses command premium positioning with enhanced natural light and expansive views of Union Park Street, the Cathedral, and the Back Bay skyline. Many units feature entry foyers with coat closets, open concept living-dining areas, and flexible living spaces suited for both everyday living and entertaining.
Located between Union Park and Washington Street near The Buttery, this South End address sits in one of Boston's most sought-after neighborhoods. Residents enjoy walkability to restaurants, parks, and cultural venues while maintaining the urban loft lifestyle the building's architecture delivers. The South End's tree-lined streets and vibrant community atmosphere combine with direct proximity to Back Bay, making this location ideal for those seeking cosmopolitan living without sacrificing neighborhood character. HOA fees range from approximately $242 to $915 per month, with units priced at $1,122 per square foot on average.
Justin Rollo is a Massachusetts real estate expert with over a decade of experience and hundreds of South Shore transactions. He tracks every sale, pending, and price movement inside Penny Savings Bank — so whether you're buying into the community or thinking about selling, you're working with someone who knows this specific association inside and out.
Ask Justin about Penny Savings Bank →Over the last 24 months, units at Penny Savings Bank sold at a median of $1,550,000, about $1122 per square foot.
Monthly condo fees at Penny Savings Bank currently range from roughly $242 to $915, depending on unit size and what the association's master policy covers.
Penny Savings Bank is a 23-unit condominium association in Boston, MA.
Recent sales at Penny Savings Bank averaged about 12 days on market, with 5 closings in the period.