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Spaces are in such demand that there are waiting lists of buyers. Eight people are hoping for the chance to buy one of five private parking spaces for $225,000 in the basement of 246 West 17th Street, a 34-unit condo development scheduled for completion next January.
3. Parking spot values can vary significantly from building to building. Just like how values of units can vary from $450 per square foot in one building to $750 per square foot in the building next door, so it goes with parking spots.