Spacious 2LDK Apartment in the Heart of Shinjuku with Investment Potential
This well-appointed 2LDK apartment is located on the 4th floor of a 15-story building in the vibrant commercial district of Shinjuku, Tokyo. With a generous wall-core exclusive area of 59.39 sqm (approximately 17.96 tsubo), the property offers a comfortable living space. The building, constructed in February 1999 with a steel-reinforced concrete (SRC) structure, features a total of 90 units and is managed by Okyo Astage Inc. with full outsourcing and daytime management staff.
Key equipment and features of the apartment include a reheat function for the bath, a bathroom dryer, closets, underfloor heating, a BS antenna terminal, CATV, an auto-lock with monitor, and a parcel delivery box. The property is currently tenanted, providing an immediate rental income stream, with an estimated annual rental revenue of 2.76 million yen and a projected yield of 3.32%. The transfer timing is negotiable. Additional monthly costs include a management fee of 10,900 yen and a repair reserve fund of 10,900 yen. The transaction is handled under an exclusive dedicated intermediary arrangement.
