Rent Out Your Drive

ParkatmyHouse.com helps property owners raise extra cash by renting out their empty parking spots  

An online parking marketplace matches homeowners with drivers looking for parking space

ANDREW GOMBERT/EPA

Homeowners and business owners who live near destinations like Yankee Stadium can use ParkatmyHouse.com to rent out their parking spaces.

Live near Kennedy Airport? Great. Is your property near Yankee Stadium? Even better.

You might be able to turn your empty parking space into some cold, hard cash courtesy of ParkatmyHouse, an online parking marketplace that’s rolling into the city.

Based in the U.K., the website is making a big push into the tri-state area, Boston, Washington D.C. and Philadelphia. ParkatmyHouse.com matches homeowners, business owners, churches and schools who have spare parking space with drivers looking for a place to park.

Launched six years ago, ParkatmyHouse has so far taken in $5 million in fees for people, mostly in the U.K. who have listed on its site. After a recent round of financing led by German car giant BMW, it is hoping to do the same in the U.S.

“This is a great opportunity for homeowners to make some money,” the company’s founder, Anthony Eskinazi, told the Daily News.

It is free to list your space. ParkatmyHouse, which just opened an office in the West Village, takes a 15% commission from each transaction. Sometimes people who park at a home will arrange for the homeowner to drive them to their destination.

The closer you are to a hot spot, like a sports arena or train station, the more you can expect to get. So how much is that driveway near Yankee Stadium?

“On average, you could get $40 a game,” Eskinazi said. “You might be able to charge $60 or more. It depends on the proximity.”

PHYLLIS FURMAN/NEW YORK DAILY NEWS

pfurman@nydailynews.com

Read more: http://www.nydailynews.com/news/money/parkatmyhouse-helps-property-owners-raise-extra-cash-renting-empty-parking-spots-article-1.1000464#ixzz2nLiNIiSD