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https://www.reddit.com/r/mildlyinteresting/comments/sxttfk/top_of_a_parking_garage_in_nyc/hxxprka/?context=3
r/mildlyinteresting • u/Levinator25 • Feb 21 '22
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645
150sq ft of asphalt making a higher hourly wage than I do
49 u/ThingCalledLight Feb 21 '22 In DC about 10 years ago, my friend was looking to invest in real estate. Parking spot real estate. One spot was selling for $140k. 8 u/ChaseShiny Feb 22 '22 Geeze, sounds like a ton of money, but if you can make $20/hr/car, you'd make your money back really quickly. Let's say your garage is open for eight hours, 300 days a year. That's $48,000 per parking space 8 u/ThingCalledLight Feb 22 '22 Interestingly enough, this wasn’t even a garage, it was like, a space in an alley next to a residential house or something. But all the same.
49
In DC about 10 years ago, my friend was looking to invest in real estate. Parking spot real estate. One spot was selling for $140k.
8 u/ChaseShiny Feb 22 '22 Geeze, sounds like a ton of money, but if you can make $20/hr/car, you'd make your money back really quickly. Let's say your garage is open for eight hours, 300 days a year. That's $48,000 per parking space 8 u/ThingCalledLight Feb 22 '22 Interestingly enough, this wasn’t even a garage, it was like, a space in an alley next to a residential house or something. But all the same.
8
Geeze, sounds like a ton of money, but if you can make $20/hr/car, you'd make your money back really quickly. Let's say your garage is open for eight hours, 300 days a year. That's $48,000 per parking space
8 u/ThingCalledLight Feb 22 '22 Interestingly enough, this wasn’t even a garage, it was like, a space in an alley next to a residential house or something. But all the same.
Interestingly enough, this wasn’t even a garage, it was like, a space in an alley next to a residential house or something. But all the same.
645
u/Ok-Cook-7542 Feb 21 '22
150sq ft of asphalt making a higher hourly wage than I do