Condominium in Shinjuku, Tokyo

¥49.98M

≈ US$316,000

Information updated 12 Oct 2026Next update by 19 Oct 2026

1-1-1 Shimochiai, Shinjuku, Tokyo

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JR Yamanote Line / Takadanobaba4 min walk
Seibu Shinjuku Line / Takadanobaba6 min walk
Tokyo Metro Tozai Line / Takadanobaba5 min walk

Chat with management

Good pointsFreehold (land included)4 min to stationCorner unitDelivery lockersSouth-facing

Points to checkLikely pre-1981 earthquake standard

Property Overview

Terms explained

Property Type: Condominium
Year Built: Mar 1974 (52 yrs old)
Earthquake standard (from built year): Likely pre-1981 standard: ask about seismic checksGuide
Structure: Steel Reinforced Concrete (SRC)
Floors: 14 floors
Building Area: 54.35㎡ (585 sq ft)
Zoning: Quasi-Industrial
Land rights: Freehold (land included)
Current Status: Vacant
Price per m²: ¥919,595/m²
Management fee (monthly): ¥8,690Guide
Repair reserve (monthly): ¥18,470

Price per m² compared

This property¥919,595/m²
Average of 4 listings in Shinjuku¥1,992,519/m²

Reference figure from the asking prices of 4 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

Down payment20% (JPY 10,000,000)

Interest rate (annual)1.00%

Loan term35 years

Monthly payment

¥112,869

Management and repair fees: ¥27,160
Total monthly outgoings: ¥140,029

Down payment: JPY 10,000,000
Loan amount: JPY 39,980,000
Total interest: JPY 7,420,000

Level-payment estimate; the repayment excludes fees, taxes and management costs (management fees and rent from the listing are shown separately). Cash flow ignores property tax, letting fees and vacancies. Lenders decide eligibility and rates. Foreign nationals can often borrow if they hold Japanese residence status or buy through a Japanese company.

Initial cost simulator

Payment

Down payment20% (JPY 10,000,000)

Loan amount (paid by the lender)JPY 39,980,000

Cash you need (estimate)

JPY 13,440,000 – JPY 14,180,000

about US$85k–90k

Down payment: JPY 10,000,000
Brokerage fee (maximum, incl. tax): JPY 1,720,000
Stamp duty on the contract: JPY 10,000
Loan administration fee (2.2% of the loan): JPY 880,000
Registration tax (ownership): JPY 250,000 – JPY 400,000
Registration tax (mortgage): JPY 40,000 – JPY 160,000
Judicial scrivener fee: JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover): JPY 250,000 – JPY 500,000
Pro-rata property tax and fees: JPY 100,000 – JPY 150,000
Fire and earthquake insurance: JPY 70,000 – JPY 150,000
Stamp duty on the loan contract: JPY 20,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.): JPY 3,370,000≈ US$21,300
At settlement (the rest of your cash): JPY 10,070,000 – JPY 10,810,000

Brokerage is the legal maximum; stamp duty on the sale and loan contracts follows the National Tax Agency tables (reduced sale-contract rates until 31 March 2027). Registration and acquisition taxes, settlements and insurance depend on assessed values and the property, so they are ranges based on typical shares of the price (the loan for the mortgage registration), about 2–3% of the price in total. Lenders charge loan costs in different ways, such as a guarantee fee. See the buying guide for mortgages for foreign nationals.

Costs and mortgages explained →

Buying from overseas?How the money moves (transfer, settlement, registration), with a checklist from contract to handover.

Location map

Open in Google Maps

The map shows the published address. Confirm the exact building position on site or in the documents.

Check natural hazard risk

Before buying, check flood, landslide, storm-surge and tsunami risk at the property, and the area's earthquake risk rank, on official maps.

Hazard Map Portal (GSI, Japanese government)Opens centred on this property Earthquake risk by area (Tokyo Metropolitan Government)Building-collapse and fire risk ranks by district

Official sites open in a new tab (Japanese). The formal disclosure before the contract also shows the property on the flood hazard map.

How to read these maps (guide)

Property Overview

Tokiwa Palace: 54.35 m² measured to the wall centre, southeast-facing ninth-floor 3LDK, described in the source as a southeast corner unit. A 4-minute walk to Takadanobaba on JR Yamanote, 6 minutes on Seibu Shinjuku and 5 minutes on Tokyo Metro Tozai. Price JPY 49,980,000. Built March 1974; SRC, 14 floors, 181 units, freehold. Vacant; handover by agreement. Monthly management JPY 8,690 and repair reserve JPY 18,470, totaling JPY 27,160. Balcony 6.52 m². Source plan: two western-style rooms, a 4.5-jo tatami room and living/dining/kitchen. Fully managed by Nihon Housing with daytime staffing. System kitchen, separate bath/toilet, automatic bath, indoor washing-machine space, air conditioning, delivery boxes, lift and 24-hour refuse disposal. The source states that a Japanese-language school occupies the ground floor. Walking times follow the current REINS record. Images are the source kitchen, floor plan, exterior and balcony.

Southeast-facing181 units in totalElevator