Overview of Rekuserugaaden Mitaka (レクセルガーデン三鷹)
Rekuserugaaden Mitaka (レクセルガーデン三鷹) is a 27-year-old condominium located at Mitakashi Kamirenjaku 1 Choume 16-46 (三鷹市上連雀1丁目16-46), Tokyo, Japan. Built in 1999, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by Nisshin Kensetsu (日新建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 2,980〜7,280万円 (approx. $198,667–$485,333 USD at ¥150/$).
Unit sizes range from 54.9–65.9 sqm (591–709 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥111.9万/sqm (approx. $7,459/sqm or $693/sqft).
Location & Neighborhood
The property is located at Mitakashi Kamirenjaku 1 Choume 16-46 (三鷹市上連雀1丁目16-46), Tokyo, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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