Parking Space in Manhattan Co-Op

Started by anonymous
over 3 years ago
Discussion about
I live in a co-op in upper Manhattan with an attached private parking garage, for resident's use only. All of the parking spaces are part of an apartment's property, but not all apartments have one. I have the opportunity to buy a space from another resident. My questions are whether doing so will increase the value of my apartment, and if so by how much? Will the space increase in value over time? Any other considerations?