For SaleCondominium

Shinjuku-ku Funamachi Artessimo Refina

Funamachi, Shinjuku-ku, Tokyo
Asking Price
¥45,800,000
Est. Net Yield: 3.42%
Shinjuku-ku Funamachi Artessimo Refina - 1/11
1 / 11

Executive Summary

This is a condominium unit in an 11-story RC building constructed in September 2019, located in Funamachi, Shinjuku-ku, Tokyo. Access is a 3-minute walk from Yotsuya-sanchome Station on the Tokyo Metro Marunouchi Line and a 9-minute walk from Akebonobashi Station on the Toei Shinjuku Line. The subject unit is located on the 9th floor facing west, with a 1K layout, a floor area of 25.4㎡, and a balcony area of 3.6㎡. Building features and amenities include an auto-lock system with a monitor, security cameras, delivery boxes, a separate bath and toilet, a bathroom dryer, a warm-water bidet toilet seat, a system kitchen, and a walk-in closet. Land rights are ownership, and the zoning is Commercial Zone. The property is currently leased and sold with the tenant in place as an owner-change transaction, with delivery timing open for consultation.

Property Details

Building Area
25.4 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
2019
Floors
Floor 9 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,680,000
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

Site area (whole building)
1,037.5 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
グローバル・リンク・マネージメ
Owners' association
Yes

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

Location & Map

Investment Analysis

Gross Yield3.67%
Est. Net Yield3.42%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.67%
Est. Net Yield
3.42%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥46,490,000+¥1,560,000¥2,250,0004.6%-1.8%
2yr¥47,180,000+¥3,130,000¥4,510,0009.2%1.4%
3yr¥47,890,000+¥4,690,000¥6,790,00013.9%2.5%
4yr¥48,610,000+¥6,260,000¥9,070,00018.5%3%
5yr¥49,340,000+¥7,820,000¥11,360,00023.2%3.3%
6yr¥50,080,000+¥9,390,000¥13,670,00027.9%3.5%
7yr¥50,830,000+¥10,950,000¥15,980,00032.6%3.7%
8yr¥51,590,000+¥12,510,000¥18,310,00037.4%3.8%
9yr¥52,370,000+¥14,080,000¥20,650,00042.2%3.9%
10yr¥53,150,000+¥15,640,000¥23,000,00047%3.9%

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.)
¥3,147,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,577,400
Real Estate Acquisition Tax (est., rate varies by property type)¥820,000
Registration License Tax (title transfer)¥410,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥330,000

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