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New York parking spot on sale for $1m

Washington, Mon, 21 May 2012 ANI

Washington, May 21 (ANI): A parking space for one million-dollar has gone on the market in New York City.

The 12-feet wide, 23-feet long and 15 feet high parking space is in a private garage in Manhattan.

It costs the same as paying for a parking ticket every day for 24 years, and around six times the price of an average family home in the United States, The Telegraph reports.

According to the report, it includes an 8,000 square-foot penthouse with a 3,000 square-foot terrace, which will go on the market for just under 40 million dollars.

The buyer will have the option of installing a lift to turn the space into a "duplex," enabling them to park two cars at once, and would require to pay maintenance fees when it goes on sale.

Dolly Lenz of real estate agent Prudential Douglas Elliman said the million-dollar space is 'for someone who wants complete privacy.'

"You can drive in and not be seen again. It's for the type of person who finds that attractive. It could be a celebrity or a business person who is camera shy," the paper quoted Lenz, as saying. (ANI)


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