This $11.85 Million New York Apartment Comes With A Private Parking Spot Valued At $1 Million

Forbes

Feb. 16, 2023

While many New Yorkers might not own a car, those who do find parking spaces both expensive and hard-to-come by. Luckily for those with wheels to park, this pristine $11.85 million residence in New York’s trendy SoHo neighborhood comes with a private parking space valued at $1 million.

There are just 10 units in this boutique condo building at 42 Crosby Street, and this 3,300-square-foot unit on the fourth floor of the seven-story building was designed with privacy in mind. There are three bedrooms and four bathrooms in this post-war loft-style home, as well as a generous open-plan living space. The unit is filled with natural light thanks to floor-to-ceiling windows with views over quintessential SoHo buildings with cast-iron facades and cobblestone streets below. There are both eastern and southern exposures.

Selldorf Architects built this designer condo to perfection, with French Oak hardwood floors, nearly 11-foot ceilings, radiant heated flooring and gallery-style walls for those with impressive art collections. The residence is accessed via direct elevator access that opens to a private entry vestibule and, through double pocket doors, leads to the grand entry foyer. Past this, there is a 43.5-foot-long great room, which has the living room and dining table. Near the dining area is the eat-in kitchen, outfitted with state-of-the-art Gaggenau appliances, stone countertops, custom Boffi cabinets and elegant light fixtures.

The residence is split into two wings, meaning that the primary bedroom has maximum space and privacy. Floor-to-ceiling windows make this room bright and airy. There’s also a walk-in closet and a spa-like bathroom, complete with Bardiglio marble slab walls, a freestanding soaking tub and expansive walk-in shower. The materials and finishes are of the best quality and include terrazzo flooring, porcelain tile walls, a Thassos marble vanity and floating toilet. The other bedrooms are equally as stunning and can be transformed into an art studio, fitness area or anything else.

What makes this unit truly unique is the deeded parking space with a $1 million value that comes with the purchase of the home, as well as a private storage space.

“What is unique is that it's super private and almost every unit is a pied-à-terre,” says Andrii Duzhyi of Nest Seekers International. “The $1 million dollar price tag on the parking space is not typical, but there are not many people that own a parking spot in the SoHo neighborhood, and only few buildings actually have a parking garage in the building. To have a garage in your building and own a parking space, it's like owning a unicorn in NYC. You are also “unofficially” paparazzi proof and can access your condo through the garage without being noticed by anyone outside. You are paying for the privacy and location, in the heart of SoHo, one of the city’s capitals of fashion and art.”

The building, 42 Crosby, is noticeable for its glass and stainless steel facade. Amenities include an attended lobby, on-site parking, a car elevator and a lovely courtyard. Residents are in the center of it all and just steps from the best shopping, restaurants and entertainment that downtown New York has to offer.

Source: https://www.forbes.com/sites/emmareynolds/2023/02/16/this-1185-million-new-york-city-condo-comes-with-a-deeded-parking-spot-valued-at-1-million/?sh=662b99f58f59



Andrii Duzhyi
Andrii Duzhyi
Licensed Real Estate Salesperson