For SaleCondominium

Grand Maison Shinjuku Higashi

Shinjuku 1-chome, Shinjuku-ku, Tokyo
Asking Price
¥24,990,000
Est. Net Yield: 5.04%
Grand Maison Shinjuku Higashi - 1/9
1 / 9

Executive Summary

This is a 3rd-floor unit of "Grand Maison Shinjuku Higashi," a 9-story steel framed reinforced concrete (SRC) condominium building constructed in May 1982, located in Shinjuku 1-chome, Shinjuku-ku, Tokyo. It is located a 5-minute walk from Shinjuku-gyoemmae Station on the Tokyo Metro Marunouchi Line and an 8-minute walk from Shinjuku-sanchome Station on the Toei Shinjuku Line. The floor area is 30.3 sqm, the balcony area is 2.9 sqm, and the layout is 1K. Building amenities include an elevator, unit amenities include storage space, and the management form is fully outsourced with a day-shift manager. Land rights are ownership, and the zoning is Commercial Zone. The property is currently tenanted, and the delivery timing is negotiable. There is a park within a 6-minute walk (450 m) in the surrounding area.

Property Details

Building Area
30.3 ㎡
Layout
1K
Studio with separate kitchen
Structure
SRC
Built Year
1982
Floors
Floor 3 of 9
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,450,000
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
Daytime

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

Location & Map

Investment Analysis

Est. Gross Yield5.8%
Est. Net Yield5.04%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.80%
Est. Net Yield
5.04%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥25,360,000+¥1,260,000¥1,630,0006.1%-0.4%
2yr¥25,750,000+¥2,520,000¥3,270,00012.2%2.9%
3yr¥26,130,000+¥3,780,000¥4,920,00018.4%4%
4yr¥26,520,000+¥5,040,000¥6,570,00024.6%4.5%
5yr¥26,920,000+¥6,300,000¥8,230,00030.8%4.8%
6yr¥27,330,000+¥7,560,000¥9,890,00037%5%
7yr¥27,740,000+¥8,810,000¥11,560,00043.2%5.2%
8yr¥28,150,000+¥10,070,000¥13,240,00049.5%5.3%
9yr¥28,570,000+¥11,330,000¥14,920,00055.8%5.3%
10yr¥29,000,000+¥12,590,000¥16,600,00062.1%5.4%

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.)
¥1,750,670
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥890,670
Real Estate Acquisition Tax (est., rate varies by property type)¥440,000
Registration License Tax (title transfer)¥220,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥190,000

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

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Book a Private Viewing or Online Consultation

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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)
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