Chuo-Nittochi Acquires Mizuho Bank Employee Dormitory in Komazawa

Chuo-Nittochi acquired Mizuho Bank’s employee dormitory in Komazawa 2-chome, Setagaya Ward, in June 2025.

The property is a reinforced concrete, three-story building with a gross floor area of approximately 692 tsubo (approx. 22,860 sq. ft.), completed 15 years ago.

Located a seven-minute walk from Komazawa-daigaku Station, the area’s residential rents were in the JPY 14,000 per tsubo range as of 2025, according to data from estie Research.

Key Facts

• Property Name: Mizuho Bank Komazawa Dormitory

• Buyer: Chuo-Nittochi Co., Ltd.

• Seller: Mizuho Bank, Ltd.

• Transaction Price: Not disclosed

• Location: 2-26-7 Komazawa, Setagaya-ku, Tokyo

• Nearest Station: Tokyu Den-en-toshi Line, Komazawa-daigaku Station, 7 minutes on foot

• Completion: September 2009

• Number of Floors: 3F

• Gross Floor Area: approx. 692 tsubo (approx. 22,860 sq. ft.)