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The Boston Herald reported that yesterday an anonymous man purchased a $300,000 parking spot in the Back Bay area.

Located at 480 Commonwealth Avenue, this space is the most expensive parking space in Boston sold to date. “It’s all a question of supply and demand...Whether it’s a good market or a down market, you’re always going to get a good price for that space,” remarked Debra Sordillo, the listing agent who sold the space.

The man who purchased the space lives in a multi-million dollar condo of an adjacent brownstone.

Read more about the high-end parking space (and see a photo) and why it was purchased and sold from the Boston Herald.

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