Japan’s first million-dollar apartment

Price: 96,000,000 JPY
Size: 134.65sqm (1450 sqft)
Price per sqm: 713,000 JPY

Akasaka Park Mansion was Japan’s first building to have an apartment priced over 100 million Yen.

The “Park Mansion” apartments by Mitsui Fudosan are the most prestigious and are recognized as one of the top brands of apartments in Japan to this day.

This apartment is on the 5th floor (out of a total 6 floors) and has views towards Tokyo Midtown and Roppongi Hills. The total balcony size is 64sqm – this is in addition to the interior floorspace of 134.65sqm so the total usable space is approximately 198 sqm (2,140 sqft).

The current average price of units in this building is 677,000 JPY/sqm. This particular unit is priced slightly above other units because it is on a higher floor. The other units that have previously been listed for sale have all been on the 1st and 2nd floors. In 2007, a renovated unit on the 2nd floor was listed at 925,000 JPY/sqm.

Unit Details:
Price: 96,000,000 JPY
Size: 134.65 sqm (1450 sqft)
Balcony size: 64 sqm
Built: December, 1975
Construction: Reinforced Concrete 6 stories + 1 basement
Developer: Mitsui Fudosan
Construction Company: Takenaka Corporation
No. of units: 25
Management fees: 80,400 JPY/Month
Repair fund fees: 19,140 JPY/Month
Carpark: 1 included

7-6-7 Akasaka, Minato-ku, Tokyo
Akasaka Sta. – 5 mins
Aoyama-Itchome Sta. – 8 mins

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