Yes, $300,000 was the price tag for a single parking space at The Brimmer Street garage in Beacon Hill . And this does not seem to be a rare occurence. Five or six parking spaces have sold for around $300,000 at the same garage since 2011.
Some of Boston’s trendy neighborhoods require high price tags on parking spaces. The Back Bay is such an area where one parking space sold for a staggering $360,000. Actually, the Back Bay still holds the record for the most expensive parking space in the nation.
The South End is another area where parking spaces sell in the hundreds of thousands. One can expect to pay around $150,000 for a single space. The record in the South End for a garage parking space at the Atelier 505 Luxury building is $250,000.
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