Overview of Bikku Musashino Ikebukuro (ビック武蔵野池袋)
Bikku Musashino Ikebukuro (ビック武蔵野池袋) is a 44-year-old condominium located at Toyoshima Ku Ikebukuro 3 Choume 14-10 (豊島区池袋3丁目14-10), Tokyo, Japan. Built in 1982, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kou , Nishimura Kensetsu (冨士工、 西村建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 820〜2,880万円 (approx. $54,667–$192,000 USD at ¥150/$).
Unit sizes range from 23.5–38.2 sqm (253–411 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SDK (1-bedroom w/ dining-kitchen + service room), 2K (2-bedroom w/ kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥63.6万/sqm (approx. $4,243/sqm or $394/sqft).
Location & Neighborhood
The property is located at Toyoshima Ku Ikebukuro 3 Choume 14-10 (豊島区池袋3丁目14-10), Tokyo, 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 44 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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