Co-op Ivy: A Well-Established Apartment Building in Meguro
This property is Co-op Ivy, a two-story apartment building located in the desirable Nakameguro 3-chome area of Meguro Ward, Tokyo. The building was constructed in October 1979 and features a slate roof. The total land area is 128.90 square meters (approximately 38.99 tsubo), with a building area of 128.69 square meters (approximately 38.92 tsubo).
Critical agent notes provide essential details: The building is a slate-roofed, two-story structure. The leasehold right period is 20 years, from May 7, 2019 (Reiwa 1) to May 6, 2039 (Reiwa 21). Currently, 5 out of the 6 rooms in the building are tenanted. The land rights are under a leasehold (old law) with a monthly land rent of 48,000 yen.
The property is situated within a short 7-minute walk from both the Tokyu Toyoko Line and Tokyo Metro Hibiya Line's "Nakameguro" Station, offering excellent connectivity. The area is governed by urban planning regulations with a building-to-land ratio of 60% and a floor area ratio of 150%.
Nakameguro is a famously trendy and picturesque district, known for its cherry tree-lined Meguro River, which becomes a stunning tunnel of pink blossoms every spring, drawing visitors from across the city and beyond. The area is a hub for boutique shopping, cafes, and art galleries, blending a relaxed residential feel with vibrant city life. A major nearby landmark is the iconic Tokyo Tower, easily accessible from the area and offering panoramic views of the metropolis.
