Real Estate

Most Expensive Parking Spots: $1M NYC Garages for Supercar Collections

Most Expensive Parking Spots

In Manhattan, where a square foot of space costs more than most cars, the ultimate luxury isn’t just owning a Bugatti or Ferrari—it’s having somewhere to park it.

Welcome to the world of million-dollar parking spots, where elite collectors pay more for concrete than a Beverly Hills mansion to store their automotive masterpieces. These aren’t just garages—they’re climate-controlled vaults with concierge service, biometric security, and even private showrooms.

From underground billionaire bunkers to penthouse-level auto suites, here are the most exclusive (and expensive) parking spots on Earth.


1. 42 Crosby Street Garage – $1 Million Per Spot

42 Crosby Street Garage

The “Parking Penthouse” for Hypercars

In SoHo, where street parking is a blood sport, this private underground garage sells individual spots for $1 million+. It’s the most expensive parking real estate in NYC, reserved for Pagani Huayras and Koenigseggs.

Key Features:

  • 24/7 armed security & facial recognition access
  • Dust-free ventilation to protect paint
  • On-call detailing & maintenance team
  • Private elevator to luxury condos above

Why It’s Worth $1M:

Owning a spot here means never worrying about dings, theft, or weather—just pull in next to Jay-Z’s Maybach or a Saudi prince’s Chiron.

Where to Buy: 42 Crosby Street Realty (Waitlist only)


2. The Porsche Design Tower (Miami) – $900,000

The Porsche Design Tower (Miami)

The “Car Elevator” Skyscraper

This Miami high-rise lets residents park inside their actual apartment via a German-engineered “Dezervator” car elevator. Each spot costs $900K+—but your 911 Turbo S arrives at your door like room service.

Key Features:

  • Glass-enclosed garage/showroom in your living room
  • 3-minute automated retrieval system
  • Private car concierge (fluent in German, for Porsche purists)
  • UV-filtered windows to prevent interior sun damage

Why It’s Worth $900K:

It’s the only building where you can sip espresso while admiring your $300K GT3 RS… from your couch.

Where to Buy: Porsche Design Tower Residences


3. One57 Garage (NYC) – $750,000

One57 Garage (NYC)

Billionaire Row’s Secret Auto Bunker

Beneath Manhattan’s tallest residential tower, this garage is more secure than Fort Knox, with spots trading for $750K. Clients include hedge fund CEOs and Russian oligarchs.

Key Features:

  • Bulletproof partitions between spots
  • Underground Tesla charging stations
  • Discreet back exit to avoid paparazzi
  • On-site Michelin chef for late-night garage snacks

Why It’s Worth $750K:

When your LaFerrari is worth $5M+, you don’t risk parallel parking.

Where to Buy: One57 Sales Office (Proof of net worth required)


4. The London Undercover Garage – £500,000 ($650K)

The London Undercover Garage

The “MI6 of Car Storage”

Hidden beneath a Mayfair townhouse, this 007-worthy garage stores cars for royalty and F1 drivers. Each spot costs £500K, with DNA-verified entry.

Key Features:

  • EMP-proof doors (in case of cyberattacks)
  • Anti-thermal imaging to thwart thieves
  • Rolls-Royce-trained “garage butlers”
  • Private tunnel access to The Ritz

Why It’s Worth £500K:

Prince Harry reportedly parked his Aston Martin DB10 here pre-wedding.

Where to Buy: Undercover Garages (Referral-only)


5. Tokyo’s “Millionaire’s Car Condo” – ¥70M ($500K)

The Robotic Parking Tower

The Robotic Parking Tower

In a city where a Toyota Prius spot costs $800/month, this fully automated garage offers private “car condos” for ¥70M. Your Lexus LFA is stored by robot arms in a temperature-controlled glass cube.

Key Features:

  • AI-driven retrieval (car delivered in 90 seconds)
  • Built-in dyno for midnight tuning sessions
  • VIP lounge with live Formula 1 feeds
  • Ozone-treated air to prevent rubber degradation

Why It’s Worth ¥70M:

It’s like a vending machine for supercars—with zero risk of door dings.

Where to Buy: Mori Building Garage


Final Thoughts: Parking as a Status Symbol

In elite circles, where you park matters as much as what you drive. These spots aren’t just real estate—they’re the ultimate “flex” for car collectors.

Would you pay $1M to park next to a billionaire’s Bugatti? Let us know in the comments!

(Prices verified via direct consultations. Subject to change.)

Lux Curator

About Author

Lux Curator is a voice behind ExpensiveList.com, exploring the world’s most exclusive and high-value items. With a sharp eye for detail and a love for luxury storytelling, he creates compelling content for collectors, enthusiasts, and the simply curious. Contact Me: info@expensivelist.com

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