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Whole Building near Shinjuku Gyoen - in use as a Hotel

Whole Building near Shinjuku Gyoen - in use as a Hotel

Current Status:4.5% (surface yield)

Recommendation:Recommendation: 70%/ Although it is a little expensive, the property location is very desirable for a lodging business property.

¥800,000,000 JPY
¥800,000,000 JPY
Sale Sold out
Tax included.

ADDRESS: Shinjuku, Shinjuku-ku, Tokyo Japan

LAND AREA: 92.87㎡　

STRUCTURE: Reinforced Concrete

YEAR BUILD: April 2006

FLOOR SIZE: 356.35㎡

 This property is located within walking distance of the famous "Shinjuku Gyoen" and downtown Shinjuku. 

 This property is used as a Hotel property. The property is relatively close to Shinjuku-Gyoenmae Station and Shinjuku-Sanchome Station, making it a convenient location for guests staying overnight.

https://goo.gl/maps/HvaRhsGqyMSTuEFH8

 

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Property Information

  • Basic Information

    - NEAREST STATION -

    1 min. walk from "Shinjuku-gyoemmae" station on the Marunouchi Line.

    - LAND -

    LAND AREA: 92.87㎡

    LAND RIGHT: Freehold

    - BUIDING -

    YEAR BUILD: April 2006

    STRUCTURE: Reinforced Concrete

    FLOOR: 6

    FLOOR SIZE: 356.35㎡

    - PROPERTY NUMBER -

    H_TOKYO_00001

  • Property Details

    - DETAILS -

    1st floor area: approx. 46㎡
    2nd floor and above: 14 rooms
    Land Category: Residential Land
    Urban planning: Urbanized area
    Use Zoning: Commercial Zone
    Building-to-land ratio:80%(100%)
    Floor-to-land ratio :600%

    - COMMENTS -

    This property was built as a Hotel property, with retail space on the first floor, and 14 guest rooms on the second floor and above. It is not a very large property, but it is very close to the nearest train station, so it is an interesting property.

  • Agent Information

    COUNTRY: Japan

    NAME: SOZONEXT Co.,Ltd.

    9F UENO KOA Bldg. 2-6-4 Motoasakusa, Taito-ku, Tokyo 111-0041
    TEL: +81-3-3842-1552
    Email: redb@sozonext.com

    LICENSE:

    Governor of Tokyo License No. (1) 108237

    TRANSACTION TYPE: Brokerage

    BROKERAGE FEE: When a contract is concluded, “3% of the sales price + 60,000 yen” and an amount equivalent to the consumption tax on that amount will be charged as a brokerage fee.

    - RELEASE DATE/UPDATE SCHEDULE -

    Nov 08 2024
    Nov 22 2024
RedB - Knowledge DB for Japanese Real Estate Transactions

  • *Important Notice

    The base currency for real estate sales prices on this website is Japanese yen. All real estate prices shown in currencies except Japanese yen are for reference only. Our purpose is to display real estate prices in the currency of your choice as clearly as possible for non-Japanese customers.

    Furthermore, please note the following matters with regard to yields in particular.

    What kind of yield is " Surface Yield (Gross Rate of Return)" ?

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