Overview of Musashikosugi Manshon (武蔵小杉マンション)
Musashikosugi Manshon (武蔵小杉マンション) is a 40-year-old condominium located at Kawasakishinakaharaku Kosugimachi 1 Choume 526-23 (川崎市中原区小杉町1丁目526-23), Kanagawa, Japan. Built in 1986, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Fudou Kensetsu (不動建設).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,250〜6,580万円 (approx. $83,333–$438,667 USD at ¥150/$).
Unit sizes range from 23.3–66.8 sqm (251–719 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥91.3万/sqm (approx. $6,088/sqm or $566/sqft).
Location & Neighborhood
The property is located at Kawasakishinakaharaku Kosugimachi 1 Choume 526-23 (川崎市中原区小杉町1丁目526-23), Kanagawa, Japan. It is a 3-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 40 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.
Analyze this property's fair price and negotiation room for free at RE:public.