Overview of Sooken Nippori Manshon (ソーケン日暮里マンション)
Sooken Nippori Manshon (ソーケン日暮里マンション) is a 45-year-old condominium located at Arakawaku Higashinippori 5 Choume 39-12 (荒川区東日暮里5丁目39-12), Tokyo, Japan. Built in 1981, it comprises 19 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sanwa Kensetsu (三和建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 2,200〜5,299万円 (approx. $146,667–$353,267 USD at ¥150/$).
Unit sizes range from 45.6–60.5 sqm (491–651 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥83.0万/sqm (approx. $5,530/sqm or $514/sqft).
Location & Neighborhood
The property is located at Arakawaku Higashinippori 5 Choume 39-12 (荒川区東日暮里5丁目39-12), Tokyo, Japan. It is a 6-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 45 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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