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Saturday, July 14, 2007

 

Manhattan parking spot going for $225,000

‘Parking spaces in New York cost as much as $225,000 and could soon be going higher still, putting the cost for the prime spots above the price tag of the typical U.S. home price.

Manhattan real estate agent Tom Postilio said there is a waiting list of seven or eight people hoping to pay $225,000 for one of five private parking spaces that has been approved in the basement of 246 West 17th Street, a 34-unit condo development scheduled for completion next January.

The developer of that building is seeking permission to add another four spots, and Postilio said the addition spots are likely to cost even more than the current price, although he could not give an exact price.’




2 Responses to “Manhattan parking spot going for $225,000”

  1. Erik Feder - The Parking Expert Says:

    No question that NYC parking and Manhattan parking is tough to find – but you can find it if you know where to look. There are a bunch of hidden gems scattered about the City, even near some very popular parts of town. Most people are too lazy to put in the 10 minutes time that will save them from a $115 NYC parking ticket.

  2. moonbuggy Says:

    Personally, I’d probably just get the train and save myself $225k. 🙂

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