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Property information

Apartment: Koto, Tokyo

Asset type
Apartment
Yield
5.9%
Rank
★★☆☆☆
Bid period ended

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Base bid price 14,360,000yen
You could bid above 11,488,000yen

Results

Court classification Apartment
Bid opening Sale
Sale price 30,200,314yen
Winner qualification Corporation
Number of bidders 21

Location

Location Koto, Tokyo
Traffic access on report(japanese) 東京メトロ東西線「東陽町」駅 北西方 道路距離 約480m(徒歩約6分) 
Reference(japanese) 東京メトロ東西線 木場駅 北東方 0.72km JR京葉線 潮見駅 北方 1.49km

Property data

Type Land Share sale
Property number 1
Address 江東区東陽五丁目 5番49
Building number
Registered category Residential land
Actual category
Registered area 951.81m2
Actual area
Zoning Semi-industrial
Usage
Building to land ratio 60%
Floor area ratio 300%
Share 10000分-196
Type Apartment building
Property number 2
Address 江東区東陽五丁目5番地49
Building number 東陽五丁目5-49-13
Registered type Residence
Actual
Registered structure Steelconcrete1story building
Actual
Registered area 3F part 45.63m2
Actual
Layout 2DK
Balcony Yes
Service fee etc. 16,320
Land right Ownership
Occupant debtor・owner
Year/month built 1979/10
Floor 3F
Total units 38

Numerical data

Base bid price 14,360,000yen Area 45㎡
Cap rate 5.9%
Gross yield 8.1%
Lease demand 25 / 25pt Minimum bid price 11,488,000yen
Ratio of years passed
to depreciable years
97% Earnest money deposit 2,872,000yen

Court data

Case number 2025(M)494 Result 2026/07/01
Court Tokyo District Court(Main) Start of viewing 2026/06/03
Sale type Sealed bid auction (1 times) Bid period 2026/06/18 ~ 2026/06/25
Sale decision 2026/07/09 Special sale 2026/07/02 ~ 2026/07/06
Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 14360000yen in court auction is the same as buying the asset out of court auction at 13360000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

Bid simulation

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