Riverdale is an affluent neighborhood in the Bronx. Dont let that fact persuade you not look at apartment in this area. There are plenty of well priced condos and co-ops here and you could even find great rent stabilized apartments. Some claim that most residents here actually rent their homes and some debate that. Either way if you come to the area you will find a wide selection of homes to choose from. There are tons of restaurants, bars, cafes and places to have a nice glass of wine and relax. Also there a a lot retirees in the area. Lots of rehabilitated homes up for sale and generally a great area to invest in real estate.