Overview of Guriinpuraza Kitaayase 4 (グリーンプラザ北綾瀬４)
Guriinpuraza Kitaayase 4 (グリーンプラザ北綾瀬４) is a 35-year-old condominium located at Adachiku Ootani Ta 5 Choume 30-11 (足立区大谷田5丁目30-11), Tokyo, Japan. Built in 1991, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Ji Shima Koumuten (似島工務店).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 380〜1,999万円 (approx. $25,333–$133,267 USD at ¥150/$).
Unit sizes range from 22.3–59.4 sqm (240–639 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.6万/sqm (approx. $2,109/sqm or $196/sqft).
Location & Neighborhood
The property is located at Adachiku Ootani Ta 5 Choume 30-11 (足立区大谷田5丁目30-11), Tokyo, Japan. It is a 16-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 35 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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