I think you need to establish first if it is a fair asking price based on the present market. That would be based on the number of bedrooms, bathrooms, parking, is there a view of the Hudson River, and are there other services or ammenities. You also need to consider how many other units have sold in the building, how much they sold for and what would be a fair comparable in the Hastings area. There are some townhouses in hastings with riverviews, (not brand new) that are presently selling for in the low to mid $600,000's. Last year at this time They were selling for the mid $700,000's.
I hope this helps you, Hastings is a great little village!
I came across your question. Did you end up buying it? I'm currently looking at a 1 br there that is being offered at 600k. It would be very helpful to know how much they came down on their offer.
Also, for any brokers on here. I'm a little scared to the fact that it is a 1 br and how easy it would be to one day resell it. If anyone has any input, I would appreciate it.
You can reference an article I just posted on my blog regarding negotiating an offer at http://www.laurahigginsrealestate.com/
It will give you some suggestions on how to determine fair market price, how to begin negotiating, and I would also recommend hire Realtor, who is going to represent you and your interests.
Good Luck to you
If yoou need further information, I can be reached via email or via telephone at email@example.com or 914-263-5275. Feel free to check my bio or website for more helpful information.
I would recommend to hire a "Buyer's Agent" helping you with your purchase... he or she will be able to help you with all aspects of securing your new home... there is no additional cost to you since the agent will be reimbursed by the seller... BUT this "Buyer's Agent" works for strictly you and has only your interests in mind... hence the term "Buyer's Agent"... and if you buy nothing the agent gets nothing... furthermore your agent can give you alternative listings and can show you these other properties as well...
Please do not hesitate to call me at 914-438-7556 if you want to explore this further... and check out my web site at http://www.westchester-real-estate.us for more detailed information...
Legends Realty Group