Overview of Toppu Aoto Daiyon (トップ青砥第４)
Toppu Aoto Daiyon (トップ青砥第４) is a 38-year-old condominium located at Katsushikaku Aoto 6 Choume 31-3 (葛飾区青戸6丁目31-3), Tokyo, Japan. Built in 1988, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 490〜1,200万円 (approx. $32,667–$80,000 USD at ¥150/$).
Unit sizes range from 14.5–16.1 sqm (156–173 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥47.7万/sqm (approx. $3,180/sqm or $295/sqft).
Location & Neighborhood
The property is located at Katsushikaku Aoto 6 Choume 31-3 (葛飾区青戸6丁目31-3), Tokyo, Japan. It is a 8-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 38 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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