Commercial Lease – 37 Lispenard Street, New York, NY 10013
Asking Rent: $40,000/Month
Size: 1,976 SF
Lease Type: Retail / Showroom / Gallery / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Tribeca / SoHo Border (10013)
Availability: Immediate
Property Overview
37 Lispenard Street presents a 1,976 SF boutique retail space in the heart of Tribeca, steps from Canal Street and SoHo. With strong visibility on a stylish cobblestone street and proximity to luxury retail, design studios, and creative galleries, this property is ideal for flagship retail, fashion showrooms, gallery exhibitions, specialty food & beverage, or boutique lifestyle operators.
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The space features an open floorplan with adaptable build-out potential, making it well-suited for tenants seeking to establish presence in one of Manhattan’s most design-forward and trend-driven neighborhoods.
Key Features
- Total Size: ≈1,976 SF
- Asking Rent: $40,000/Month
- Annualized Rent: ≈$480,000
- Effective Rent per SF: ≈$243/SF annually
- Configuration: Open retail layout with high ceilings and flexible design options
- Frontage: Lispenard Street exposure in a boutique Tribeca corridor
- Potential Uses: Flagship retail, fashion showroom, gallery, wellness, boutique service, food & beverage
Lease & Terms
- Base Rent: $40,000/Month (~$243/SF/YR)
- Term: Negotiable (long-term preferred)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
Location Advantage: Positioned on Lispenard Street at the Tribeca/SoHo border, this corridor benefits from affluent residential demand, luxury retail expansion, and a strong creative ecosystem.
Transit Access: Steps from Canal Street stations (N/Q/R/W, 6, J/Z) and multiple bus routes.
Neighborhood Demand: Consistently strong from fashion, art galleries, boutique retail, and food & beverage operators catering to both locals and international visitors.
Competitive Advantage: Rare sub-2,000 SF Tribeca/SoHo retail space with boutique street character and destination appeal.
Summary
The 1,976 SF retail space at 37 Lispenard Street, New York, NY 10013 is offered at $40,000/Month (~$243/SF annually). With its prime Tribeca/SoHo location, boutique scale, and adaptable layout, this property is an excellent opportunity for retailers, galleries, or lifestyle brands seeking a downtown flagship presence.
