For SaleCondominiumLeasehold land

Royal Palace Shinjuku Gyoen

Shinjuku 4-chome, Shinjuku-ku, Tokyo
  • Office use allowed
Asking Price
¥19,800,000
Est. Net Yield: 8.57%
Royal Palace Shinjuku Gyoen - 1/1
1 / 1

Executive Summary

Located in Shinjuku 4-chome, Shinjuku-ku, Tokyo, Royal Palace Shinjuku Gyoen is a 5-story reinforced concrete condominium built in February 1984. Transportation access includes a 5-minute walk from Shinjuku Station on the Yamanote Line, a 4-minute walk from Shinjuku-sanchome Station on the Tokyo Metro Fukutoshin Line, and a 9-minute walk from Shinjuku-gyoemmae Station on the Tokyo Metro Marunouchi Line. The subject unit is a south-facing 1R located on the 4th floor, with a floor area of 18.6 sqm and a balcony area of 7.83 sqm. Interior equipment includes an air conditioner, lighting fixtures, and storage space, and renovations were completed in July 2026. Use as an office is also permitted. The land rights are old-law leasehold (lease term of 30 years, monthly ground rent of 5,366 yen), and the zoning is a Commercial Zone. The current status is vacant, and immediate handover is available.

Property Details

Building Area
18.6 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1984
Floors
Floor 4 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,850,000
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
Land lease right (former Act)
Ground rent
¥5,366 per month
Lease term
30 yr
Zoning
Commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
17 units

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

Location & Map

Investment Analysis

Est. Gross Yield9.35%
Est. Net Yield8.57%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
9.35%
Est. Net Yield
8.57%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥20,100,000+¥1,700,000¥1,990,0009.4%2.7%
2yr¥20,400,000+¥3,390,000¥3,990,00018.8%6.1%
3yr¥20,700,000+¥5,090,000¥5,990,00028.2%7.2%
4yr¥21,010,000+¥6,780,000¥8,000,00037.7%7.8%
5yr¥21,330,000+¥8,480,000¥10,010,00047.2%8.1%
6yr¥21,650,000+¥10,180,000¥12,030,00056.7%8.3%
7yr¥21,970,000+¥11,870,000¥14,050,00066.2%8.4%
8yr¥22,300,000+¥13,570,000¥16,070,00075.7%8.5%
9yr¥22,640,000+¥15,270,000¥18,100,00085.3%8.5%
10yr¥22,980,000+¥16,960,000¥20,140,00094.9%8.6%

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.)
¥1,419,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥719,400
Real Estate Acquisition Tax (est., rate varies by property type)¥350,000
Registration License Tax (title transfer)¥170,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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