Overview of Kootohausu Nakanobe (コートハウス中延)
Kootohausu Nakanobe (コートハウス中延) is a 39-year-old condominium located at Shinagawaku Nakanobe 1 Choume 2-9 (品川区中延1丁目2-9), Tokyo, Japan. Built in 1987, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Yamada Kensetsu (山田建設).
Pricing & Floor Plans
Based on 50 past listings, prices have ranged from 799〜3,180万円 (approx. $53,267–$212,000 USD at ¥150/$).
Unit sizes range from 23.3–60.0 sqm (251–646 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 1DK (1-bedroom w/ dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥65.9万/sqm (approx. $4,391/sqm or $408/sqft).
Location & Neighborhood
The property is located at Shinagawaku Nakanobe 1 Choume 2-9 (品川区中延1丁目2-9), 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 39 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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