No Longer ListedCondominium

First Real Tower Shinjuku

Shinjuku 7-chome, Shinjuku-ku, Tokyo
Asking Price
¥52,900,000
Est. Net Yield: 3.3%

No Longer Listed

This property is no longer listed and is not currently available. The details remain here for reference.

First Real Tower Shinjuku - 1/13
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Executive Summary

This property, First Real Tower Shinjuku, is a tower condominium located in Shinjuku 7-chome, Shinjuku-ku, Tokyo. Shinjuku Station, offering access to nine railway lines including the JR Yamanote Line, is situated within walking distance. The unit is located on a high floor and faces west. It is currently rented out at a monthly rent of 165,000 yen, providing a yield of 3.74%. As for the tenancy status, a civil servant in their 20s has been residing here since 2025. This property can be considered as an investment property aimed at stable rental income.

Property Details

Building Area
22.9 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
2006
Floors
Floor 18 of 32
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,980,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

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

Gross Yield3.74%
Est. Net Yield3.3%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.74%
Est. Net Yield
3.30%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥53,690,000+¥1,750,000¥2,540,0004.5%-1.9%
2yr¥54,500,000+¥3,490,000¥5,090,0009%1.3%
3yr¥55,320,000+¥5,240,000¥7,660,00013.5%2.4%
4yr¥56,150,000+¥6,990,000¥10,230,00018.1%2.9%
5yr¥56,990,000+¥8,730,000¥12,820,00022.7%3.2%
6yr¥57,840,000+¥10,480,000¥15,420,00027.3%3.4%
7yr¥58,710,000+¥12,230,000¥18,040,00031.9%3.6%
8yr¥59,590,000+¥13,970,000¥20,670,00036.6%3.7%
9yr¥60,490,000+¥15,720,000¥23,310,00041.2%3.8%
10yr¥61,390,000+¥17,470,000¥25,960,00045.9%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.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥3,621,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,811,700
Real Estate Acquisition Tax (est., rate varies by property type)¥950,000
Registration License Tax (title transfer)¥470,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥360,000

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

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