1620 Manhattan Avenue #B4
$899,000
Stunning Soho Style Loft on the Cliffs of Union City overlooking Manhattan Skyline. Elegantly appointed modern amenities fused with exceptional and authentic loft features. Huge Open Space with original warehouse details such as metal doors, wood beams & exposed brick walls throughout. Gourmet kitchen ideal for entertaining w/ big island & cherrywood cabinets w/ granite & SS appliances. Magnificent Master Bed w/ enormous walk-in closet complemented by a master bath w/ X large shower, infinity tub & radiant heat flooring. Private keyed elevator brings you right into this incredible place you can call home
Maint: $278 Taxes: $12,462 SQFT: 3130
Call 201.977.4900 to schedule an appointment |  | | | huge open space with original warehouse details | |
|  | | | Exceptional & authentic loft features | |
|  | | | Gourmet kitchen w/ big island, cherrywood cabinets w/ granite & SS appliances | |
|  | | | Magnificent Master Bedroom with walk-in closet and master bath | |
|  | | | Master bath w/ X large shower, infinity tub & radiant heat flooring | |
 
Financing Your Home >Mortgage Terms
New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.
Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.
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| Q |
What 1982 thriller featured a house that was supposedly haunted because it had been built on the site of an ancient burial ground?
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| A |
Steven Spielberg's "Poltergeist"was filmed in an actual home on Roxbury Street in a normal residential suburb in California's Simi Valley. |
See More Real Estate Trivia > |
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Knecht Properties Connecting YOU to Real Estate 50 Harrison Street, Suite 311 Hoboken, NJ 07030 201-977-4900 Fax: 201-977-4903 info@knechtproperties.com
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