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NEW CAPITAL SHIBUYA

Shinsen-cho, Shibuya-ku, Tokyo · Approx. 3 min walk to Shinsen Station (Keio Inokashira Line)

JPY 61,000,000 ≈ US$386,000

  • 2DK2 rooms + dining/kitchen
  • 42.14 sq m454 sq ft · floor area
  • 2ndFloor, of 9
  • 1998Built
  • TenantedSold with tenant
  • ¥45,513monthly fees

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New Capital Shibuya — building exterior
1 / 4
Building exterior
2DK
2 rooms + dining/kitchen
42.14 sq m
454 sq ft · floor area
2nd
Floor, of 9
1998
Built
3 min
Walk · Shinsen Sta.
Tenanted
Sold with tenant

Floor Plan

Floor plan — 2DK, 42.14 sq m. Labels are in the original Japanese.
Floor plan — 2DK, 42.14 sq m. Labels are in the original Japanese.
2DK (rooms approx. 6.5 and 4.5 jo)
Layout
August 1998
Year Built
Approx. 3 min
To Shinsen Station (Keio Inokashira Line)
Tenanted
Occupancy
3.34%
Indicative Gross Yield

Price & Area in Numbers

This home — incl. building
JPY 1,447,600
Asking price per sq m of floor area, including the building
Land nearby — land only
JPY 2,310,000
Per sq m of land · nearest official point (commercial), about 0.4 km away · 1 January 2026
↑ 16.7% in 1 year

A home's price per sq m is on floor area and includes the building; the official land price is per sq m of land alone.

Change over 1 year · public statistics
Area-wide figures, not this residence
Residential land
↑ 11.0%
Shibuya-ku average · 1 Jan 2026 vs a year earlier
Compact-unit rents
↑ 5.6%
Tokyo 23 wards · Q1 2026 vs a year earlier
Resale condo prices
↑ 7.6%
Shibuya-ku · median per sq m of 1,332 sales, Q2 2025–Q1 2026 vs a year earlier
Land near this residence
↑ 16.7%
Nearest official point · 1 Jan 2026 vs a year earlier
Sources and notes

All figures are public statistics for the wider area, not an appraisal of this residence, and none of them guarantees future rent, value or performance.

Sources:

About This Residence

  • A 2DK of 42.14 sq m on the second floor of a nine-storey, 16-residence reinforced concrete building completed in August 1998
  • Shinsen Station on the Keio Inokashira Line approximately 3 minutes on foot; Shibuya Station on the JR Yamanote Line approximately 12 minutes
  • Sold with the tenancy in place: the listing material states a scheduled annual rental income of JPY 2,040,000 and a gross yield of 3.34%
  • South-facing, with windows on two sides; rooms of approximately 6.5 and 4.5 jo, a dining room of approximately 7.3 jo on the plan, and a walk-in closet
  • Bathroom drying, a warm-water bidet toilet, a two-burner hob on city gas, an indoor washing-machine space, air conditioning, a video intercom and an elevator
Full description

New Capital Shibuya is a nine-storey reinforced concrete building of 16 residences at 7-10 Shinsen-cho in Shibuya Ward, completed in August 1998 in a commercial zone. Management is fully outsourced to Tokyu Community, with a day-shift caretaker. The building has an elevator and bicycle parking; there is no car or motorcycle parking.

This second floor residence is a 2DK of 42.14 sq m on the wall-centre measurement, with a balcony of 3.35 sq m. It faces south and has windows on two sides. The plan shows western-style rooms of approximately 6.5 and 4.5 jo, a dining room of approximately 7.3 jo with the kitchen, a walk-in closet, a bathroom, a washroom and a separate toilet. Listed equipment includes bathroom drying, a warm-water bidet toilet, a two-burner hob, city gas, an indoor washing-machine space, air conditioning and a video intercom.

The residence is currently let and is offered as an owner-change sale. The listing material states a scheduled annual rental income of JPY 2,040,000 and a gross yield of 3.34%; the gross yield is the annual rent divided by the price, before taxes, fees and running costs. Handover is by consultation.

  • The current owner is not resident in Japan: the listing material states that the buyer must withhold 10.21% of the purchase price and pay it to the tax office

Property Details

The residence

Layout2DK (rooms approx. 6.5 and 4.5 jo)
Floor area (this residence)42.14 sq m (wall-centre)
Balcony3.35 sq m
Floor2nd Floor
OccupancyTenanted (owner-change sale)
HandoverBy consultation

Monthly costs

Management feeJPY 29,500 / month
Repair reserve fund (for long-term building repairs)JPY 16,013 / month
The building
Building height9 Storeys
Building StructureReinforced Concrete
Year BuiltAugust 1998
Number of Units16 Units
ManagementFully outsourced, day-shift caretaker (Tokyu Community)
ParkingNone; bicycle parking available; no motorcycle parking
Location & terms
Address7-10 Shinsen-cho, Shibuya-ku, Tokyo
Nearest StationShinsen Station (Keio Inokashira Line)
AccessShibuya Station (JR Yamanote Line) approx. 12 min on foot; Ikejiri-Ohashi Station (Tokyu Den-en-toshi Line) approx. 14 min on foot
Property TypeResidential Condominium (Owner-Change Sale)
TenureFreehold Ownership
ZoningCommercial zone
Current Annual Rental IncomeJPY 2,040,000 (scheduled)
Indicative Gross Yield3.34%
Date Published19 October 2026

1 jo is one tatami mat, about 1.62 sq m.

Location & Neighbourhood

The building stands in Shinsen-cho in Shibuya Ward. The listing material records Shinsen Station on the Keio Inokashira Line at approximately three minutes on foot, Shibuya Station on the JR Yamanote Line at approximately twelve minutes and Ikejiri-Ohashi Station on the Tokyu Den-en-toshi Line at approximately fourteen minutes.

Read the full description

The Keio Inokashira Line runs from Shibuya west towards Kichijoji; the Yamanote Line circles central Tokyo through Shinjuku and Shinagawa; the Den-en-toshi Line runs from Shibuya south-west towards Futako-Tamagawa. Journey times vary with the service and any changes, so none are stated here.

The zoning at this address is commercial.

  • ShinsenKeio Inokashira Line3 min
  • ShibuyaJR Yamanote Line12 min
  • Ikejiri-OhashiTokyu Den-en-toshi Line14 min

International schools

4 more within 5 km

The map indicates the location of the building.

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Important Notes

  • Information, selected images and diagrams, areas and walking times are as given in the materials supplied for this listing; areas remain subject to verification against the register.
  • Availability, price and property details remain subject to confirmation.
  • The residence is currently let and is offered with the tenancy in place; tenancy terms are provided on enquiry.
  • The current owner is not resident in Japan. The listing material states that, on purchase, the buyer must withhold 10.21% of the purchase price as withholding tax and pay it to the tax office.
  • The rent and yield are as stated in the listing material at the time of publication; the lease type, lease period and current tenancy terms are confirmed on enquiry.
  • Interior photographs were not supplied with this material.
  • The listing material does not state whether pets may be kept or the constructor; these are provided on enquiry.
  • Market data does not represent the value or future performance of this individual residence.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

RE/MAX INTERFACE — International Interface Co., Ltd. Broker License: Tokyo (3) 96857. 2-26-32 Minami-Aoyama, Seizan 402, Minato-ku, Tokyo, Japan. Contact: Ken Aoki. E-mail: kenichi.aoki@i-interface.com. Mobile: +81-80-3418-4295. TEL: +81-3-6804-3455.

International Interface Co., Ltd. — founded in 2000, with offices in Tokyo and Mountain View, California. Company profile ↗ · Our team ↗

Type of Transaction
Brokerage
Brokerage
International Interface Co., Ltd.
Tokyo Governor’s Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Ken Aoki
#402 Seizan, 2-26-32 Minami-aoyama, Minato-ku, Tokyo, 107-0062, Japan

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