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San Francisco’s Most Expensive Parking is Asking for $80,000

A parking spot in San Francisco has been listed for a whopping $80,000. The gated, enclosed and secured parking is located right across the street from the AT&T Park.

The listing is being brokered by Vanguard Properties Inc. The parking space is just a block away from a major shopping area and a number of educational institutions. The asking price is the highest for any parking space.

In 2009, the 88 Townsend, P138 parking was listed for $65,000. But has parking in San Francisco always been high? According to Alex Clark, founder of PocketListings.com, the high prices are just reasonable.

"Generally speaking, parking spaces throughout the city selling for $55,000 to $75,000 is absolutely common. Parking has become even more of a premium with the development of new properties. When I saw the $80,000 parking space, I didn't even flinch," Clark told the Huffington Post.

If you thought that was a crazy parking space listing, you should know there are much expensive parking spots than the one mentioned above. In 2012, The New York Post reported the city's first "million-dollar-parking". A private garage at 66 East 11th Street was listed for a full $1 million. Apparently, buying the garage was equivalent to paying $115 everyday for legal parking in Manhattan.

"The reality of New York City is that people are willing to pay more for a parking spot than the average person in the country pays for a home," Robert Knakal, chairman of popular sales firm, Massey Knakal, said to the NY Post.

In a feature at Jalopnik.com, the author says, a bad parking lot is disrespectful to your vehicle. The feature compares a bad parking space to "taking your dog for a walk and tying it to a tree while you get busy".

However, there are some mind-blowing parking spaces that are an honor to your ride. Check out some of the most amazing parking spaces, here.


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