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Prime parking in New York may seem priceless, but one parking spot in New York is going for $1 million (£630,000).

At 12-feet wide, 23-feet long and 15 feet high, the lavish buyer has the option of installing a lift to transform the space into a “duplex,” enabling them to park two cars at once.

The spot comes with its own deed and the buyer will have to pay maintenance fees when it goes on sale.

It is anticipated to be sold to a resident of the six-apartment luxury condominium which is being developed above it in a pre-war loft apartment building.

It includes an 8,000 square-foot penthouse with a 3,000 square-foot terrace, which will go on the market for the bargain price of just under $40 million (£25 million).  

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For sale: One New York parking space - $1 million
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