Beacon Hill Garage Parking Space Asks Record Price

The exit of the famous Brimmer Street Garage, where the first parking space condominiums were developed in 1979.

The exit of the famous Brimmer Street Garage, where the first parking space condominiums were developed in 1979.

Listing remarks for MLS #71926193, Unit #236 at 70 Brimmer Street, describe it as “A very rare opportunity to purchase garage parking in Beacon Hill at the coveted Brimmer Street Garage!

Of course, very rare opportunities come at a price. So, how much do they want for this very rare opportunity? $650,000, a price that’s more expensive than half the Boston condos currently on market, and a by the square foot price ($3801) that surpasses the square foot cost of the Millennium Tower penthouse.

In addition to the high price, the broker advertising the space for sale asks prospective buyers for some patience. The broker discloses that they are the owner, that they have to obtain a license to sell and need a minimum of 30 days to close.

According to public record, the last very rare opportunity to purchase parking at the Brimmer Street Garage, space #126, sold on October 9th for $390,000. The $390,000 paid is believed to be the highest price ever paid for a space at the garage, which in all likelihood would make it the highest price paid for a parking space in the history of Boston real estate.