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1 Million ParkingWhat can $1 million get you these days? Mansions? Sports cars? How about a parking space?

Yes, believe it or not, the nation’s first $1 million parking space is scheduled to go on the market┬áthis fall in New York City.

The parking space, located in the city’s Greenwich Village neighborhood, is about 12 feet wide, 23 feet long, and more than 15 feet high.

The $1 million parking space could be ideal for business moguls or celebrities, as they would have the luxury of a Manhattan parking space within their own building, with a curb cut at the street.

“It’s for someone who wants complete privacy,” said Prudential Douglas Elliman Vice Chairman Dolly Lenz. “You can drive in and not be seen again. It’s for the type of person who finds that attractive. It could be a celebrity or a business person who is camera shy.”

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The parking space, dubbed “the city’s gaudiest garage” by the New York Post, will have a separate deed and sales contract.

In addition to the seven-figure price tag, the space’s new owner will be charged maintenance fees on the $1 million parking spot.

The 15-foot ceilings are high enough that the spot can be “duplexed,” meaning that an elevator could be added so the owner can stack two cars in the space.

Still, you’d have to get a $115 parking ticket every day for 24 years to equal the cost of the $1 million parking space.

What do you think? Is it worth it?

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