In high-priced cities like New York, savvy would-be buyers often seek out houses with a rental unit (or two) to help them foot the bill. These days, the savviest ones are turning their sights to Ridgewood, Queens, a 2-square-mile haven for two, three, and even four-family townhouses, located just east of the Brooklyn border. The traditionally working-class neighborhood was originally settled by the Dutch as a farming community, though most of its housing and commercial buildings were developed by early-20th-century German immigrants, who worked in the area's breweries and factories. Ridgewood is home to an enormous National Historic District encompassing some 2,980 houses and apartment buildings. Though the atmosphere is relaxed, it's not provincial. You can still get a perfect pirogie at a Polish deli, a top-notch chicken pad thai, or even an actual Manhattan at one of many restaurants, cafes, and bars here. The Houses
The most prevalent housing style in the area is Romanesque Revival, seen in the bow-fronted, yellow-brick two- or three-family rowhouses built in the early 20th century by and for German immigrants employed at the city's breweries. A two-family house runs between $500,000 and $650,000, while a three-family will cost $550,000 to $750,000 and a four-family about $800,000. Why Buy Here?
As prices soar in nearby Brooklyn neighborhoods, like Williamsburg and Greenpoint, houses in this safe, established neighborhood feel like a relative bargain. Ridgewood is served by two subway lines, which run to midtown Manhattan in 30 minutes or less.
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