Overview of Ekuseria Shinjuku (エクセリア新宿)
Ekuseria Shinjuku (エクセリア新宿) is a 29-year-old condominium located at Shinjukuku Kitashinjuku 1 Choume 13-16 (新宿区北新宿1丁目13-16), Tokyo, Japan. Built in 1997, it comprises 70 units in a Reinforced Concrete (RC) structure. It was constructed by Orientaru Kensetsu (オリエンタル建設).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,180〜2,400万円 (approx. $78,667–$160,000 USD at ¥150/$).
Unit sizes range from 17.3–21.3 sqm (186–229 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥114.0万/sqm (approx. $7,597/sqm or $706/sqft).
Location & Neighborhood
The property is located at Shinjukuku Kitashinjuku 1 Choume 13-16 (新宿区北新宿1丁目13-16), Tokyo, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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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