Overview of Rejiendo Shinjuku (レジェンド新宿)
Rejiendo Shinjuku (レジェンド新宿) is a 45-year-old condominium located at Shinjukuku Shinjuku 6 Choume 24-3 (新宿区新宿6丁目24-3), Tokyo, Japan. Built in 1981, it comprises 20 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Ogawa Kensetsu (小川建設).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 3,180〜9,800万円 (approx. $212,000–$653,333 USD at ¥150/$).
Unit sizes range from 50.0–99.0 sqm (538–1066 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥96.0万/sqm (approx. $6,399/sqm or $594/sqft).
Location & Neighborhood
The property is located at Shinjukuku Shinjuku 6 Choume 24-3 (新宿区新宿6丁目24-3), 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 45 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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