The iconic restaurant John's of 12th Street, a 117-year-old institution in NYC's East Village, is currently for sale for $9,250,000. Despite concerns about its future, the restaurant signed a 10-year lease in 2022, ensuring its operations until at least 2032. The sale, managed by Cushman & Wakefield, has garnered interest due in part to the restaurant's historical significance, which includes its feature in 'The Sopranos.' Potential buyers see value in this legacy, further securing the restaurant's presence in the neighborhood's vibrant history.
In fact, we've gotten additional interest in the building because of the restaurant - people are excited about it not just because it's East Village history but New York history.
John's of 12th Street signed a 10-year lease, which covers the restaurant until at least 2032.
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