Overview of Raionzumanshon Nakano Daini (ライオンズマンション中野第２)
Raionzumanshon Nakano Daini (ライオンズマンション中野第２) is a 43-year-old condominium located at Nakanoku Nakano 1 Choume 52-20 (中野区中野1丁目52-20), Tokyo, Japan. Built in 1983, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Iida Kensetsu Kougyou (飯田建設工業).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 3,180〜5,980万円 (approx. $212,000–$398,667 USD at ¥150/$).
Unit sizes range from 44.1–64.8 sqm (475–698 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥100.7万/sqm (approx. $6,711/sqm or $623/sqft).
Location & Neighborhood
The property is located at Nakanoku Nakano 1 Choume 52-20 (中野区中野1丁目52-20), 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 43 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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