Overview of Kosumo Edogawa Chuuou Gaadenkooto (コスモ江戸川中央ガーデンコート)
Kosumo Edogawa Chuuou Gaadenkooto (コスモ江戸川中央ガーデンコート) is a 28-year-old condominium located at Edogawaku Chuuou 2 Choume 10-23 (江戸川区中央2丁目10-23), Tokyo, Japan. Built in 1998, it comprises 52 units in a Reinforced Concrete (RC) structure. It was constructed by Oosaki Kensetsu (大崎建設).
Pricing & Floor Plans
Based on 46 past listings, prices have ranged from 2,180〜3,980万円 (approx. $145,333–$265,333 USD at ¥150/$).
Unit sizes range from 69.2–85.7 sqm (745–922 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥48.9万/sqm (approx. $3,263/sqm or $303/sqft).
Location & Neighborhood
The property is located at Edogawaku Chuuou 2 Choume 10-23 (江戸川区中央2丁目10-23), Tokyo, Japan. It is a 25-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 52 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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