DATA DROP - PARKING
Last updated: November 3, 2026
This post is part of the Decode Data Drop, my weekly series where I pull the real numbers behind New York real estate and share what they actually mean for buyers. Receipts, not vibes. A new drop goes up every Thursday on Instagram, so follow along at @katiekeatejohnson to catch the next one.
Every buyer who owns a car asks me the same thing on a new development tour: does it come with parking, and what does that cost? Sponsors rarely put the number on the listing. It lives in the offering plan, buried in the Schedule A price list.
So I pulled every parking space offered in Brooklyn and Manhattan condos that launched sales since 2020. This is what a deeded spot actually costs, where it costs the most, and why the next wave of buildings may not have many to sell at all.
Quick Overview
$75K is the median price of a parking space in a new Brooklyn condo.
$175K is the Manhattan median, about 2.3 times Brooklyn, and only 10 new Manhattan condos since 2020 sold parking at all.
$200K to $50K is the Brooklyn spread by neighborhood, from Dumbo and Boerum Hill down to Bushwick.
The Numbers
Brooklyn vs. Manhattan
Brooklyn and Manhattan new condos · Sales launched 2020 or later · Median offering price
A spot in a new Brooklyn condo runs about $75K. In Manhattan it is $175K. The bigger surprise is how few Manhattan buildings sell parking at all: just 10 since 2020, because most of Manhattan never required it.
Brooklyn parking by neighborhood
Neighborhoods with 10+ spaces · Median offering price per space
Where you buy matters more than the borough. Dumbo and Boerum Hill top out at $200K a space, while Bushwick sits at $50K.
Dumbo: $200K
Boerum Hill: $200K
Williamsburg: $175K
Fort Greene: $170K
Park Slope: $125K
Greenpoint: $100K
Crown Heights: $65K
Bed-Stuy: $55K
Bushwick: $50K
The buildings at the top
One High Line, West Chelsea · 59 spaces · $750K
110 Boerum Place, Cobble Hill · 16 spaces · $325K
One High Line is the outlier citywide. In Brooklyn, 110 Boerum Place holds the record at $325K a space, followed by Bergen Brooklyn in Boerum Hill at $275K.
Storage, for comparison
Brooklyn median $25K · Manhattan median $40K
A Brooklyn parking spot costs about three times a storage unit in the same kind of building. 144 Vanderbilt, 110 Boerum Place and 96 North 1st lead Brooklyn storage at $50K.
Good to Know
These are offering-plan prices. I used the sponsor price for each space, not sold prices. Parking often closes on the same deed as the apartment, so sold prices cannot be trusted for this.
Medians, not averages. A few big buildings like One High Line would pull an average way up.
The rules changed. City of Yes (passed December 5, 2024) removed parking requirements in most of Manhattan and western Brooklyn, and cut them to about 25% of units in much of the rest of Brooklyn, down from 50 to 70%. Lots 25 feet wide or narrower need none.
Most of these buildings were required to build parking. The first condos planned under the new rules will likely deliver 2027 to 2029, and many will build fewer spaces or none.
Existing garages stay. A building cannot remove its spaces without city approval.
Source: Marketproof, sponsor offering-plan prices for Brooklyn and Manhattan condos launching sales 2020 or later, pulled October 2026. Zoning rules from NYC Department of City Planning.
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If you need a car, buy the spot when you buy the apartment. Most of these buildings had to build parking. The next wave won’t, and deeded spaces in transit-heavy Brooklyn could get scarcer from here.
If you don’t need one, don’t let a sponsor bundle it in. At $75K or more, that’s real money you could put toward a bigger apartment or a better block.
And before you commit, check the monthly charges on the space itself. Common charges and taxes on a parking unit add up, and they rarely show up on the listing.
What questions do you want real answers for?
Send me the question you can’t get a straight answer on, about a building, a neighborhood, or the market. I’ll dig into the data and reply with real numbers, no sales pitch. The best ones become a future Data Drop.
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