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November 18, 2008

What Price Parking?

parking-space-111808.jpgEvidently a parking space in Cobble Hill is worth just a little bit more than on the North Side of Williamsburg. According to Streeteasy, a spot at nForth at 161 North 4th Street just closed for $20,000, just $2,500 less than the one that traded at 185 Pacific Street. Know of any other parking spaces that have sold in recent weeks?




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Comments

I wish there were more of these parking condos. What is the monthly c.c. and real estate tax on them?

Posted by: Petebklyn at November 18, 2008 10:01 AM

honestly, it seems cheap. if you live right there.

they should have turned love lane into parking condos. I wonder if they wish they had.

Posted by: Ringo at November 18, 2008 10:15 AM

In Boerum Hill/Cobble HIll what does a monthly space go for. I pay 300/month and it seems rather high when some people in Manhattan pay 250/month

Posted by: THAL at November 18, 2008 10:31 AM

Gararages at BLS and 110 Livingston are about $400/month.

Posted by: BH76 at November 18, 2008 10:46 AM

I think around $300 is pretty typical for the residential areas surrounding downtown brooklyn. (Don't forget the 18% tax on top of that.) There aren't that many garages relative to manhattan and there's significant demand from the downtown workers. I found a 20-year old reference to a condo garage in Park Slope where the common charges were $150/mo. Surely they are higher today.

Posted by: NorthHeights at November 18, 2008 10:47 AM

I pay 150/mo. at Classon & St. Marks in Crown Heights. The garage is in my building, so it's nice. That's already stretching my budget, though. (Not planning on keeping my car after my lease on the space is up.)

Posted by: trr at November 18, 2008 11:06 AM

i have parking available on warren street and corner of Bond in a condo building.
The current price is $200 - available immediately.
First come first serve!
if interested call Shoshi 917 968 0164
or email : shoshinyc@live.com

Posted by: shoshikush at November 18, 2008 11:40 AM

If anyone wants to overwinter their car in my 1 car garage in Ditmas Park (argyle/cortelyou) its all yours for $200 a month.

Posted by: Argyle Road at November 18, 2008 11:41 AM

i paid 46k for a spot (among 25 or so) in my south slope condo building about 4 years ago and consider it a bargain. it would rent for about 300 today (or maybe more, the garage across the street charges at least 350 when tax is included i think).

Posted by: ronvalron at November 18, 2008 5:22 PM

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