For SaleCondominium

Kabukicho Diamond Palace

Kabukicho 2-chome, Shinjuku-ku, Tokyo
  • Corner unit
Asking Price
¥37,800,000
Est. Net Yield: 5.18%
Kabukicho Diamond Palace - 1/1
1 / 1

Executive Summary

This 9-story steel framed reinforced concrete (SRC) condominium, built in July 1981, is located in Kabukicho 2-chome, Shinjuku-ku, Tokyo. Accessible transportation includes a 4-minute walk from Higashi-shinjuku Station on the Tokyo Metro Fukutoshin Line, a 4-minute walk from Higashi-shinjuku Station on the Toei Oedo Line, and a 10-minute walk from Shinjuku Station on the Yamanote Line. The subject unit is a northeast-facing corner unit on the 7th floor, featuring a floor area of 29.9 m², a balcony area of 7.41 m², and a 1DK layout. It is equipped with facilities such as an elevator, air conditioner, and bidet toilet seat, and a new renovation was completed in September 2026. Land rights are ownership, and the zoning is Commercial Zone. The current status is vacant, with immediate handover available.

Property Details

Building Area
29.9 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
SRC
Built Year
1981
Floors
Floor 7 of 9
Earthquake Std.
To be confirmed
Est. Annual Rent
¥2,310,000
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

Other costs
水道基本料: ¥1,000 per month
Other costs
給湯基本料: ¥1,000 per month
Parking
None

Building management

Management type
Self-managed
Building manager
不在
Total units
173 units

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

Location & Map

Investment Analysis

Est. Gross Yield6.11%
Est. Net Yield5.18%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.11%
Est. Net Yield
5.18%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥38,370,000+¥1,960,000¥2,530,0006.2%-0.2%
2yr¥38,940,000+¥3,920,000¥5,060,00012.5%3%
3yr¥39,530,000+¥5,880,000¥7,600,00018.8%4.1%
4yr¥40,120,000+¥7,830,000¥10,150,00025.1%4.7%
5yr¥40,720,000+¥9,790,000¥12,710,00031.5%5%
6yr¥41,330,000+¥11,750,000¥15,280,00037.8%5.2%
7yr¥41,950,000+¥13,710,000¥17,860,00044.2%5.3%
8yr¥42,580,000+¥15,670,000¥20,450,00050.6%5.4%
9yr¥43,220,000+¥17,630,000¥23,050,00057%5.5%
10yr¥43,870,000+¥19,580,000¥25,650,00063.5%5.5%

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.)
¥2,623,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,313,400
Real Estate Acquisition Tax (est., rate varies by property type)¥680,000
Registration License Tax (title transfer)¥340,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥280,000

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

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

Submit a Purchase Offer (LOI) for This Property

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.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
Inquire