Parking in Boston – What is it Worth?
Parking is such a premium in Boston that the price of some garage spaces exceeds what people pay for their condos! With limited street parking and few options in the city, it is a huge benefit to be able to offer parking options for your building. What are some of the parking prices right now in a few Boston neighborhoods? We did the legwork for you – check it out:
Back Bay
There are only a couple listings on the market for sale right now but one is a great location on Beacon Street. Located at 244-246 Beacon, this space is on the market for $200,000.
South End
In Rollins Square, there are a few tandem spaces on the market currently. You must be a South End resident but it sure would make winters easier. They are on the market for $69,900 for a tandem space.
Midtown
Located beneath Tremont-on-the-Common, this space is in a 24-hour attended building on the 3rd floor. On the market for $60,000.
Chinatown
Located in the beautiful Metropolitan building, there are a few spaces on the market currently for $45,000.