Overview of Sezaaru Arakawa (セザール荒川)
Sezaaru Arakawa (セザール荒川) is a 28-year-old condominium located at Arakawaku Arakawa 1 Choume 28-2 (荒川区荒川1丁目28-2), Tokyo, Japan. Built in 1998, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Tekken Kensetsu , Yoshihara Kumi (鉄建建設、 吉原組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,230〜5,480万円 (approx. $82,000–$365,333 USD at ¥150/$).
Unit sizes range from 26.8–61.4 sqm (288–661 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1 K (1 K), 1DK (1-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: ¥82.6万/sqm (approx. $5,507/sqm or $512/sqft).
Location & Neighborhood
The property is located at Arakawaku Arakawa 1 Choume 28-2 (荒川区荒川1丁目28-2), Tokyo, Japan. It is a 2-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 28 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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