realestate

Luxury NYC Condo Offers Parking Spots with Seven-Figure Price Tags

Luxury penthouse owners may view $500k price tag as relatively affordable.

L
uxury condo owners at 150 Charles St. in Manhattan's West Village are being offered underground parking berths for $500,000 each. Developer Alex Witkoff is selling the 92 spaces that were previously rented out to residents of the 15-story building. The high price tag may not be a burden for owners who have spent up to $35 million on a penthouse.

    The West Village has a severe parking shortage, with many locations lacking garages and buildings converting them into condos. Witkoff sees this as an opportunity for savvy buyers to own a prime parking spot in the area. The subterranean garage was completed in 2015 along with the rest of the building, where all 91 units have been sold.

    Celebrities such as Ben Stiller, Jon Bon Jovi, and Irina Shayk are among the residents who will benefit from this amenity. Witkoff's offer is a rare chance for owners to secure parking in one of Manhattan's most desirable neighborhoods.

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