Archive for the ‘Toshima-ku’ Category

news – the real estate market of the Tokyo metropolitan area is showing positive signs

Dear Investors,

 

 

According to a March 16 report by Real Estate Economic Institute Co., Ltd., 2,777 brand-new apartment units have been sold in February, which is a 10.7% increase from the previous year, in the Tokyo metropolitan area. 

 

They conclude that the real estate market of the Tokyo metropolitan area has started to show positive signs.

 

 

Best regards,

 

 

Minato Asset Management

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A bargain building in Ikebukuro

Dear International Investors,

 

 
I surveyed an interesting 5-story commercial building in the west of Ikebukuro which is a popular and growing commercial area of Tokyo.

 

 

front

front

 

 

 

front 2

front 2

 

 

Price: approximately 400,000,000 yen

Type: a building for investment

Location: 3, Nishiikebukuro, Toshima-ku, Tokyo (5-min walk to Ikebukuto station)

Land: 144.49 sq. meters

Floor area: 629.18 sq. meters

Structure: RC / 5 stories + 1 story underground

Built in: 1995

Coverage/FAR: 80% / 600%

Current annual income: 22,596,060 yen

 

 

You should rent space in this building to a game palor and/or a restaurant as they have already been successful in this area. In fact, there are so many international and Japanese restaurants in the neighborhood.

 

 

 current tenant - a game palor (basement)

current tenant - a game palor (basement)

 

 

Just like Shibuya, Shinjuku, and Akihabara, Ikebukuro is becoming more popular among international people, in particular, Asians, than ever before. As a result, a number of Asian restaurants is rapidly growing in Ikebukuro. You will find international restaurants at any corner of Ikebukuro.

 

 

neighborhood

neighborhood

 

 

neighborhood 2

neighborhood 2

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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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