Parking for NYC (Manhattan) residents (New York, Boston: insurance, condo, how much)

[EllieLA]

Hi all,

I am doing some research about living in Manhattan.
I have a car and don't want to sell it, even though I know living in the city I won't use it much.

Does anyone know a ballpark figure on how much long-term parking might cost? Any recommendations for specific places?

Thanks a lot.

[Ace09]

i can't inform you about the cost of parking, but i recommend you to sell the car unless you really have much money to spend. Cause having a car in NYC is expensive and really not necessary. there are cabs, busses and trains everywhere...

[ShayLove]

Ohh Please! No need to sell your car!
Parking in the city is around $150 - $250 monthly at a lot. maybe you can find a building that has a garage. You might get charged $50-150 extra to your rent.Manhattan residents can apply to get the tax fee waived on monthly parking only. Apply here:Manhattan Resident Parking Tax Exemption

[Viralmd]

In Manhattan the cost of a garage STARTS at around $400/month. Yes, even in buildings with garages (IF there is space available).

And wait until you see how much insurance costs.

LOSE the car.

[ShayLove]

Here is the rates for Central Parking (I find way too exspensive) Central Parking System New York | New York Parking, NYC Parking, Parking New York City

There are other places that is much cheaper.
My insurance from StateFarm is $130 bucks a month. (My friend down south pays like $50 bucks). Who knows how much insurance would be if I used my Brooklyn address. (My monthly parking in Brooklyn is $150, but we drive everyday, so I don't park in there.) If you can afford it. Do it. If not its up to you. For me, we need a car, although my husband drives it mostly since he works in Elmsford. I was thinking of getting a second car, till I started working on Wall St. FORGET IT!

[znycgirl]

While I agree...a car is an extra expense & not needed if you are going to be in NYC, some people need one (travel to far outer boroughs/LI/NJ for work, ect).

Though I can't find it now...there was a website that would show and compare local garages on a map. That's how we picked our garage. It's a compromise between cost and distance from home. Ours was on the upper east side (far east...by the river) & about $350-400 a month...about 2 yrs ago. Don't forget about tips & holiday presents. It was by far the cheapest in the area. Maybe you'd have better luck in another area.

An outdoor parking space in Queens/Brooklyn goes for more like $100-$150 per month.

Condo owners often pay about $30K more per spot owned (also in Queens/ Brookyln).

Alternately, if you live in much less quiet areas, you can play the parking game (move your car on alternate sides). This is tough...but plenty of people do it.

[Viralmd]

See: Compare Parking Rates Daily/Monthly Garages Lots NYC Boston New York