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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.
The 11 by 12 feet of space in the exclusive Hyde Park Gardens area, however, is not the first parking space to come with a hefty price tag. New York City's first million dollar parking spot â attached to a $120 million luxury condo â went on sale in May 2012, making it the city's most expensive to date.