Condominium in Shinjuku, Tokyo

¥31.8M

≈ US$201,000

Information updated 12 Oct 2026Next update by 19 Oct 2026

1-32 Nijukkimachi, Shinjuku, Tokyo

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Toei Oedo Line / Ushigome-Yanagicho6 min walk
Tokyo Metro Tozai Line / Kagurazaka10 min walk
Tokyo Metro Namboku Line / Ichigaya13 min walk

Chat with management

Good pointsFreehold (land included)

Points to checkCheck the earthquake standard

Property Overview

Terms explained

Property Type: Condominium
Year Built: Feb 1981 (45 yrs old)
Earthquake standard (from built year): Borderline: check the building permit dateGuide
Structure: Reinforced Concrete (RC)
Floors: 4 floors
Building Area: 40.92㎡ (440 sq ft)
Zoning: Category I Mid/High-rise Residential
Land rights: Freehold (land included)
Current Status: Tenanted
Price per m²: ¥777,126/m²
Management fee (monthly): ¥8,100Guide
Repair reserve (monthly): ¥12,000
Rent (monthly): ¥130,000
Gross yield: 4.9%
Net yield (after fees, estimate): 4.1%

Price per m² compared

This property¥777,126/m²
Average of 5 listings in Shinjuku¥1,777,934/m²

Reference figure from the asking prices of 5 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

Down payment20% (JPY 6,360,000)

Interest rate (annual)1.00%

Loan term35 years

Monthly payment

¥71,813

Management and repair fees: ¥20,100
Total monthly outgoings: ¥91,913
Rental income (current rent): ¥130,000
Monthly cash flow (rent − loan − fees): +¥38,087

Down payment: JPY 6,360,000
Loan amount: JPY 25,440,000
Total interest: JPY 4,720,000

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 6,360,000)

Loan amount (paid by the lender)JPY 25,440,000

Cash you need (estimate)

JPY 8,620,000 – JPY 9,130,000

about US$54k–58k

Down payment: JPY 6,360,000
Brokerage fee (maximum, incl. tax): JPY 1,120,000
Stamp duty on the contract: JPY 10,000
Loan administration fee (2.2% of the loan): JPY 560,000
Registration tax (ownership): JPY 160,000 – JPY 250,000
Registration tax (mortgage): JPY 30,000 – JPY 100,000
Judicial scrivener fee: JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover): JPY 160,000 – JPY 320,000
Pro-rata property tax and fees: JPY 60,000 – JPY 100,000
Fire and earthquake insurance: JPY 50,000 – JPY 100,000
Stamp duty on the loan contract: JPY 20,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.): JPY 2,160,000≈ US$13,600
At settlement (the rest of your cash): JPY 6,460,000 – JPY 6,970,000

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

Schloss Nijukkimachi: a tenanted investment condominium, 40.92 m² measured to the wall centre, second-floor 2DK. A 6-minute walk to Ushigome-Yanagicho (Toei Oedo), 10 minutes to Kagurazaka (Tokyo Metro Tozai) and 13 minutes to Ichigaya (Namboku). Price JPY 31,800,000. Built February 1981; RC, four floors, 15 units, freehold. Rented; handover by agreement. Monthly management JPY 8,100 and repair reserve JPY 12,000, totaling JPY 20,100. Source monthly rent JPY 130,000, projected annual rent JPY 1,560,000 and displayed gross yield 4.9%, before taxes and management expenses; income is not guaranteed. Source plan: 6-jo dining/kitchen, 6-jo and 7.5-jo bedrooms, and balconies on two sides totaling 9.90 m². Partially outsourced management by the consumer housing centre cooperative, Seikatsu Kyodo Kumiai / Shohisha Jutaku Center. Images are the source floor plan and exterior.

15 units in total