How much is a personal parking space in New York City worth? A Big Apple developer said he's offering a 12-foot-wide by 23-foot-long spot in his new private garage for a cool $1 million.

The ritzy parking space at 66 East 11th St., is expected to hit the market this fall and will have its own deed, sales contract and be charged monthly maintenance fees, the New York Post reported.

According to the publication, developer Morad Fareed purchased the eight-story prewar loft building for $120 million last year, and has been converting the former parking garage into six luxury condominiums with 15-foot-high ceilings, and an 8,000-square-foot duplex penthouse with a private 3,000-square-foot terrace -- which will be listed for $38.8 million.

"The parking spot will go to the 8,000-square-foot town house or to the penthouse," Fareed said.

The parking space would be an optional owner amenity, along with shower water pumped full of vitamin C and aloe, and heat reflexology flooring.

The Post reported that buying the parking space -- which costs six times more than the national average price of a single-family home -- would be the same as paying a $115 ticket for illegal parking every day for 24 years.

"If you have an opportunity to buy a space in your building, you’re going to take advantage of that," Robert Knackal, chairman of Massey Knackal Realty, told the Post. "The reality of New York City is that people are willing to pay more for a parking spot than the average person in the country pays for a home."

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