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It’s Now More Expensive To Live in Ridgewood Than The East Village

But Bushwick Isn't Far Behind

It’s Now More Expensive To Live in Ridgewood Than The East Village

It’s Now More Expensive To Live in Ridgewood Than The East Village

But Bushwick Isn't Far Behind

It’s Now More Expensive To Live in Ridgewood Than The East Village
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Met FreshMet Fresh
Brooklyn and Queens are still cheaper boroughs to live than Manhattan, but, according to a new report, both Ridgewood and East Williamsburg have inched their way onto a list of the most expensive neighborhoods in New York City.

The new data comes from a report put out by a real estate data startup called Property Club earlier this year, which ranked neighborhoods in the city based on median sales price based on sales in 2020. Both Ridgewood and East Williamsburg made the cut of the list’s top fifty, with the neighborhoods paired for 44th and 45th spots on the list, respectively. Median sales in Ridgewood and East Williamsburg even brought the neighborhoods above familiarly expansive Manhattan locales, like Union Square and the East Village. (46th and 48th, respectively.)

Sales in Bushwick and nearby Crown Heights however, were not far behind. Though the neighborhoods managed to evade the list’s cut, Property Club told Bushwick Daily on Monday that median sales in Bushwick made the neighborhood only the 65th most expensive neighborhood in the city, with Crown Heights was just one notch above that ($910,000 and $920,000, respectively.)

Property Club’s methodology of counting sales skews the numbers upward just a bit–sales of entire buildings would probably land higher numbers then the price of condos but, since most people…

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Top photo credit: Andrew Karpan

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