For SaleCondominium

Alcion Asakusa Kokusai-dori

Nishi-Asakusa 2-chome, Taito-ku, Tokyo
  • Corner unit
Asking Price
¥67,800,000
Est. Net Yield: 2.24%
Alcion Asakusa Kokusai-dori - 1/15
1 / 15

Executive Summary

This is a 5th-floor unit in Alcion Asakusa Kokusai-dori, a 15-story steel framed reinforced concrete (SRC) condominium built in April 2001, located in Nishi-Asakusa 2-chome, Taito-ku, Tokyo. Transportation access includes a 3-minute walk from Asakusa Station on the Tsukuba Express, a 4-minute walk from Tawaramachi Station on the Tokyo Metro Ginza Line, and a 9-minute walk from Asakusa Station on the Toei Asakusa Line. It is an east-facing 1LDK corner unit with a floor area of 40 m² and a balcony area of 5 m², equipped with an auto-lock system, security cameras, double-lock doors, delivery boxes, an elevator, and more. Renovations were completed for the kitchen and water heater in March 2023, and wallpaper replacement, among other updates, in August 2026. Land rights are ownership, and the zoning is Commercial Zone. The property is currently vacant and ready for immediate handover. In the surrounding area, a convenience store is located 63 m away (a 1-minute walk), and a commercial facility is 112 m away (a 2-minute walk).

Property Details

Building Area
40.0 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
SRC
Built Year
2001
Floors
Floor 5 of 15
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,810,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
(株)長谷工コミュニティ
Total units
58 units

Utilities & nearby

Gas
City gas

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Est. Gross Yield2.66%
Est. Net Yield2.24%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
2.66%
Est. Net Yield
2.24%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥68,820,000+¥1,520,000¥2,540,0003.5%-2.9%
2yr¥69,850,000+¥3,040,000¥5,090,0007%0.3%
3yr¥70,900,000+¥4,560,000¥7,660,00010.6%1.4%
4yr¥71,960,000+¥6,080,000¥10,240,00014.1%1.9%
5yr¥73,040,000+¥7,600,000¥12,840,00017.7%2.3%
6yr¥74,140,000+¥9,120,000¥15,460,00021.3%2.5%
7yr¥75,250,000+¥10,640,000¥18,090,00025%2.6%
8yr¥76,380,000+¥12,160,000¥20,740,00028.6%2.7%
9yr¥77,520,000+¥13,680,000¥23,410,00032.3%2.8%
10yr¥78,680,000+¥15,200,000¥26,090,00036%2.9%

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥4,623,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,303,400
Real Estate Acquisition Tax (est., rate varies by property type)¥1,220,000
Registration License Tax (title transfer)¥610,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥460,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

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