Compact Investment Apartment in Shinjuku's Shichigoyakuōji-chō
This studio apartment presents a compact yet functional living space in the vibrant Shinjuku ward of Tokyo. The property is a one-room unit with a balcony, offering a total floor area of 14.81 square meters (approximately 4.48 tsubo), with the balcony adding an extra 2.07 square meters of outdoor space. It is situated on the 1st floor of a 4-story reinforced concrete (RC) building constructed in April 1986. The building is under self-management without a resident superintendent.
Key financial details include an asking price of 12,550,000 yen. The unit generates a projected annual rental income of 764,400 yen, resulting in a calculated yield of 6.53%. Monthly running costs consist of a 7,000 yen management fee and a 4,500 yen repair reserve fund. The property is currently tenanted, with immediate availability for handover upon purchase. The transaction is handled as a general intermediary, and an owner change is scheduled for the year. The building is located in a commercial zone under the Building Lots and Buildings Transaction Business Act.
The area of Shichigoyakuōji-chō is conveniently located just a 5-minute walk from Ushigome-Yanagichō Station on the Toei Ōedo Line, providing excellent access to central Tokyo. An interesting historical note is that the nearby area of Ichigaya is famous for its former military academy grounds, which have been transformed into the modern Shinjuku Gyoen National Garden, a stunning park blending traditional Japanese, English landscape, and French formal garden styles. The closest major landmark is the iconic Tokyo Metropolitan Government Building in Shinjuku, offering spectacular free observation decks with views of the city and, on clear days, Mount Fuji.