First Real Tower Shinjuku
No Longer Listed
This property is no longer listed and is not currently available. The details remain here for reference.

Executive Summary
Property Details
Detailed property information
Status & handover
- Current status
- Leased (tenant in place)
- Handover
- Negotiable
Land & legal restrictions
- Land rights
- Freehold
- Zoning
- Commercial zone
Building management
- Management type
- Fully outsourced
- Building manager
- Live-in
- Total units
- 370 units
Please confirm the details in the explanation of important matters before purchase.
Location & Map
Investment Analysis
Based on the rent under the current lease.
ROI / IRR Investment Simulation
| Year | Est. Property Value | Cumulative Net Income | Total Return | ROI (%) | IRR (%) |
|---|---|---|---|---|---|
| 1yr | ¥53,690,000 | +¥1,750,000 | ¥2,540,000 | 4.5% | -1.9% |
| 2yr | ¥54,500,000 | +¥3,490,000 | ¥5,090,000 | 9% | 1.3% |
| 3yr | ¥55,320,000 | +¥5,240,000 | ¥7,660,000 | 13.5% | 2.4% |
| 4yr | ¥56,150,000 | +¥6,990,000 | ¥10,230,000 | 18.1% | 2.9% |
| 5yr | ¥56,990,000 | +¥8,730,000 | ¥12,820,000 | 22.7% | 3.2% |
| 6yr | ¥57,840,000 | +¥10,480,000 | ¥15,420,000 | 27.3% | 3.4% |
| 7yr | ¥58,710,000 | +¥12,230,000 | ¥18,040,000 | 31.9% | 3.6% |
| 8yr | ¥59,590,000 | +¥13,970,000 | ¥20,670,000 | 36.6% | 3.7% |
| 9yr | ¥60,490,000 | +¥15,720,000 | ¥23,310,000 | 41.2% | 3.8% |
| 10yr | ¥61,390,000 | +¥17,470,000 | ¥25,960,000 | 45.9% | 3.8% |
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.
Estimated Closing Cost Breakdown
These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.
You can view the properties we currently offer in our listings. We are also glad to suggest similar opportunities.