Joshua F. Madison presents

Manhattan will soon have its first $1 million parking spot.

The private garage at 66 E. 11th St. costs six times more than the national-average price of a single-family home.

Buying it would be the same as paying a $115 ticket for illegal parking every day — for 24 years.

For moguls or celebrities, however, the rare commodity of a Manhattan parking space inside their building, with a curb cut at the street, is a huge status symbol and selling point.

It’ll sell. No problem.

May 21, 2012  •  , ,