Well, this one you might actually need if you live in Manhattan, but for $225,000 you better get yourself a FERRARI and live elsewhere! ABC.com reports ".... in space-starved Manhattan, a parking space is considered prime real estate. There's actually a waiting list for the $225,000 spot." People who don't even own cars are buying parking spaces as investments to flip. So exactly what do you get for your $225,000? A 18 feet by 9 feet parking spot.
December 15, 2007
$225,000 for a Parking Spot
Well, this one you might actually need if you live in Manhattan, but for $225,000 you better get yourself a FERRARI and live elsewhere! ABC.com reports ".... in space-starved Manhattan, a parking space is considered prime real estate. There's actually a waiting list for the $225,000 spot." People who don't even own cars are buying parking spaces as investments to flip. So exactly what do you get for your $225,000? A 18 feet by 9 feet parking spot.
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