Archive for the ‘Shinjuku-ku’ Category

an interesting investment property with a successful restaurant in popular Kagurazaka

Dear International Investors,

 

I surveyed an investment property in Kagurazaka yesterday.  It is just a minute walk from Kagurazaka station and is on a major street.

 

 

 

Price: 85,000,000 yen

Type: 2-bedroom apartment + shop

Location: Yaraicho, Shinjuku-ku (1-min walk to Kagurazaka station of Tokyo Metro Tozai Line & 8-min walk to Edogawabashi station of Tokyo Metro Yurakucho Line)

Land: 65.46 sq. meters

Building: 106.02 sq. meters

Structure: steel

Built in: 1983

Coverage/FAR: 80% / 500%

Annual return: 4,981,440 yen or 5.86%

Others: proximity to Kagurazaka station, a successful French restaurant on 1st floor, an about -20-sq.meter floor area on 1st floor has been created and added by the restaurant and could be removed,

 

 

a 85,000,000-yen investment property in Kagurazka

a 85,000,000-yen investment property in Kagurazka

 

 

a 85,000,000-yen investment property in Kagurazaka

a 85,000,000-yen investment property in Kagurazaka

 

 

Kagurazaka has been a very popular restaurant district for hunderds of years.    It is still bustling with Japanese and international restaurants.  Also, it has been famous for printing business much of it, unfortunately, has gone to overseas for cheap costs and labors.

 

 

The street to which the property is facing is going to be widened by 8.8 meters to broaden the street to be 20-meter wide.  The work was ordered many years ago, but has never been implemented.  As of now, it is still unknown when the work will be actualized.  If the work is implemented, the property and the widened street will crossover with each other by 40 sq. meters.  This public planning may be a bottleneck of the property.

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investment properties in Bunkyo-ku and Shinjuku-ku

Dear International Investors,

 

 

I surveyed three investment properties in Bunkyo-ku and Shinjuku-ku this afternoon.  They are combinations of residence and retail (or office).

 

 

a 110,000,000-yen property in Myogadani (Bunkyo-ku)

a 110,000,000-yen property in Myogadani (Bunkyo-ku)

 

 

Price: 110,000,000 yen

Location: Koishikawa, Bunkyo-ku (6-min walk to Myogadani station of Tokyo Metro Marunouchi Line)

Land: 74.77 sq. meters

Floor area: 286.10 sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Built in: 1997

Coverage/FAR: 60% / 400%

 

 

a 64,900,000-yen property in Nijiyukkicho (Shinjuku-ku)

a 64,900,000-yen property in Nijiyukkicho (Shinjuku-ku)

 

 

Price: 64,900,000 yen

Location: Nijiyukkicho, Shinjuku-ku (4-min walk to Ushigomekagurazaka station of Oedo Line)

Land: 43.68 sq. meters

Floor area: 113.5 sq. meters

Structure: Steel / 3 stories above ground + 1 story underground

Built in: 1999

Coverage/FAR: 60% / 160%

 

 

a 137,000,000-yen property in Waseda (Shinjuku-ku)

a 137,000,000-yen property in Waseda (Shinjuku-ku)

 

 

Price: 137,000,000 yen

Location: Wasedatsurumakicho, Shinjuku-ku (6-min walk to Waseda station of Tokyo Metro Tozai Line)

Land: 91.9 sq. meters

Floor area: 353.96 sq. meters

Structure: RC / 5 stories above ground +  1 story underground

Built in: 2001

Coverage/FAR: 80% / 400 %

Current Annual Return: 11,359,080 yen

Current Yield: 8.29%

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a new apartment with a panoramic view of Tokyo

Dear international buyers,

 

 

I viewed an interesting apartment for sale in Ichigaya (Shinjuku-ku) last week.   Its main features are as follows.

 

Location: Bentencho, Shinjuku-ku, Tokyo (6-min walk to Ushigomeyanagimachi station of Tokyo Subway Oedo Line & 8-min walk to Waseda station of Tokyo Metro Tozai Line)

Price: 34,000,000 yen

Type: 1-bedroom apartment

Size: 40.38 sq. meters

Structure: RC / 12 stories

Built in: 2006

Maintenance Fee: 10,200 yen/month

Repair (reserve): 3,100 yen/month

 

 

a new apartment building in Ichigayayanagimachi

a new apartment building in Ichigayayanagimachi

 

 

bedroom

bedroom

living room

living room

view

view

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Toden Arakawa Line – a very unique & historic streetcar line in Tokyo downtowns

the only streetcar line survived in Tokyo

the only streetcar line survived in Tokyo

 

Dear International Investors,

 

I used Toden Arakawa Line, when I surveyed three apartment buildings in Taito-ku, Arakawa-ku, and Toshima-ku last week.  The line is the only streetcar system survived in Tokyo, connecting Waseda (Shinjuku-ku) and Minowabashi (Arakawa-ku).  The line has been in operation since 1913, and the neighborhoods and towns along the line still show what Tokyo used to look like in Showa Period (1926-1989).   Toden Arakawa Line runs through Shinjuku-ku, Toshima-ku, Kita-ku, and Arakawa-ku, most of these districts being downtown and residential.

 

 

inside of the only streetcar line survived in Tokyo

inside of the only streetcar line survived in Tokyo

a small station of Toden Arakawa Line

a small station of Toden Arakawa Line

 

Also, Toden Arakawa Line stops at some major stations at which passengers can switch from Toden Arakawa Line to another train line.  These stations include Machiya (to Tokyo Metro Chiyoda Line), Oji (to JR Keihintohoku Line), and Otsuka (to JR Yamanote Line).

 

Toden Arakawa Line is fun to ride  and watch.  If you can spare sometime for sightseeing in Tokyo, I strongly recommend that you get onto Toden Arakawa Line.

 

sings at a station - they are from 1960's

sings at a station - they are from 1960's

 

 

a public restroom is retro-styled at a station of Arakawa Line

a public restroom is retro-styled at a station of Arakawa Line

 

 

a stone monument by an Arakawa Line station - it reads that Showa Emperor has been here

a stone monument by an Arakawa Line station - it reads that Showa Emperor has been here

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an interesting investment opportunity in Kagurazaka (Shinjuku-ku)

Dear International Investors,

 

I surveyed an investment property in Shinjuku with my client this afternoon.  Its specifications are as follows:

 

Price: 68,000,000 yen

Location: Yaraicho, Shinjuku-ku, Tokyo (5-min walk to Kagurazaka station (Tokyo Metro Tozai Line) or  4-min walk to Ushigomekagurazaka station (Tokyo Metro Oedo Line))

Land: 42.84 sq. meters

Floor area: 131.57 sq. meters

Structure: RC / 5 stories

Coverage: 80%

FAR: 400%

Built in: 1972

 

 

an investment property in Kagurazaka

an investment property in Kagurazaka

 

 

an investment property in Kagurazaka 2

an investment property in Kagurazaka 2

 

Kagurazaka is a very historical place of Tokyo.  The town would probably remind you of what you have seen in paintings and movies about Tokyo in medieval times.  It has always been busy with retail and restaurant industries.  And, its major shopping street is always bustling with people from all generations and nationalities.    Many people want to have their own shop on the main street of Kagurazaka.  However, because there is always huge demand for real estate along the street, the value of real estate in Kagurazaka is high.

 

neighborhood

neighborhood

 

 

The investment property is on a street off of the major street of Kagurazaka.  Relatively, it is in a quiet place.  Yet, there is and will always be foot traffic.  Kagurazaka is within a walking distance of major JR stations, such as, Iidabashi, Ichigaya, and Yotsuya.

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an attractive investment opportunity in Shinjuku – a new, bargain hotel for sale

Dear International Investors,

 

A bargain, new property in Shinjuku is now being sold for about 5,000,000,000 yen.  

 

Its specs are as follows:

Current Business: Hotel and Retails

Location: Kabukicho, Shinjuku-ku, Tokyo

Transportation: 1-min walk to Higashishinjuku station (Metro Oedo Line, 1 stop from Shinjuku)

Land: 836.52 sq. meters

Floor area: 5,317.70 sq. meters

Built in: July, 2008

Structure: RC / 13 stories

Zoning: Commercial

Coverage: 80%

FAR: 700%

Annual revenue (for 2008): approx. 445,788,000 yen

 

 

a new, bargain hotel in Shinjuku for sale

a new, bargain hotel in Shinjuku for sale

 

 

a new, bargain hotel in Shinjuku is for sale

a new, bargain hotel in Shinjuku is for sale

 

It is promising in terms of investment.   Pros include:

–  already commercially successful with international tourists (i.e. income for 2008 is about 445,788,000 yen/year or 1,221,337 yen/day)

– conveniently located (i.e. 10-second walk to Higashishinjuku station of Metro Oedo Line (1 stop from Shinjuku))

– located in a corner of Meiji Dori and Shokuan Dori which are two major streets of the area

–  Shinjuku is and will be popular among international tourists with so many interesting spots

– an about-25,000,000-sq. meter land across the Meiji Dori is under development and will be a commercial magnet from 2011

 

view from Shinjuku 7-chome crossing

view from Shinjuku 7-chome crossing

 

 

view from Shinjuku 7-chome crossing 2

view from Shinjuku 7-chome crossing 2

 

 

view from Shinjuku 7-chome crossing 3

view from Shinjuku 7-chome crossing 3

 

 

view from Shinjuku 7-chome crossing 4

view from Shinjuku 7-chome crossing 4

 

 

An about-25,000-sq.meter land is under development and will complete in 2011.   The new commercial hub of Shinjuku will create new foot traffic and attract tourists from all over the world, and will be an additional value to the property.

 

map of Shinjuku

map of Shinjuku

 

 

25,000-sq. meter development in Shinjuku 6-chome

25,000-sq. meter development in Shinjuku 6-chome

 

 

25,000-sq.meter development in Shinjuku 6-chome 2

25,000-sq.meter development in Shinjuku 6-chome 2

 

 

It may be a first-comes-first-served investment opportunity.  Unfortunately, the seller wants to close the deal by the end of September.  The price is negotiable.  Please feel free to contact me, if you are interested in the property or have any questions.

 

I am looking forward to the opportunity to serve to you.

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Shinjuku & a famous red-light district of Japan

a picture of skyscraper buildings at Shinjuku station

a picture of skyscraper buildings at Shinjuku station

 

Dear international investors,

 

Shinjuku is one of the most crowded places in the world.  

 

Over 700,ooo passengers use Shinjuku station (for 7 train lines by 5  railway companies) on average every day.  It is the largest train station in the world in terms of the number of users.   While serving as a center of retail business of Japan, it is always bustling with and energized by commuters from western suburbs of  Tokyo and tourists from overseas.  

 

Roughly speaking, it is in the center of a vast commercial area with the Tokyo Metropolitan Government and Japan’s conglomerates’ buildings on its west, departments and fashion boutiques on its east, and restaurants and entertainments on its north.

 

 

a picture of Yasukuni Street

a picture of Yasukuni Street

 

 

 Almost all kinds of cuisines and entertainments are available in the region.   Also, most of them are reasonably priced. 

 

 

In particular, Kabukicho is a famous and infamous red-light district.  You will probably be dazzled by never- cease-to-flash neon signs.  No other area or town in the world is so bright as Kabukicho at 3 a.m. in morning.  Kabukicho used to be known for unsafeness.  However, thanks to the country’s goverment’s recent efforts to crack down on gangster groups, it is said that the area is now far safer than before.  Still, it is advisable that you be careful when you visit Kabukicho because it is very differnt from the rest of Japan where you can get your wallet back even after leaving it somewhere.

 

 

a picture of Kabukicho in a daytime

a picture of Kabukicho in a daytime

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