Community Corner
Parking Spot in Park Slope Goes for $80K
The sale marks Garage Condominium's highest of the year.
A realty company in Park Slope recently sold a parking spot for $80,000, DNAinfo reported Monday.
Berman Realty’s Garage Condominium, located on Union Street, is seeing price hikes after word got out that a 300-spot parking garage across the street is being renovated into an apartment building.
"People come to inquire [from across the street] but we have no room," Garage Condominium owner Howard Pronsky said. "We have great demand and no supply, so the prices are going up."
One parking spot sold for $50,000 in April and another for $62,500 in June. The latest sale, $80,000, marks the highest of 2013.
The buyer, who works in finance did not give DNAinfo comment.
Pronsky said the $80,000 price is high, but not as high as pre-recession prices.
Garage Condominium was created about 25 years ago to offer permanent parking spots in Park Slope. Owners pay a lump sum, maintenance fees and yearly real estate taxes.
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