Carriage House, 159 W 24th St NYC
Ever feel like you’re overpaying for parking? What about paying $200,000 upfront to own your actual NYC parking space, right in your own apartment building?
If you buy an apartment at NYC’s Carriage House, 159 West 24th Street, near Seventh Avenue, you could also own that NYC garage space — for $200,000.
But let’s say that if that NYC parking space normally costs $400/month to rent, then you’ve just paid for 41 years of NYC monthly parking. And if that space would go for $500/month, you’re pre-paying for 33 years of parking. Is it worth it?
And now let’s compare the cost of parking to the cost of buying the apartment. Space in Carriage House goes for about $1,200 per square foot, but parking space in Carriage House goes for $1,470, or 22% more!
$200 parking at 71 Smith St @ Shermerhorn St, Boerum Hill area in Brooklyn, NY 11201
