Barbelle Signs 10-Year Modified Gross Lease At 37 Lispenard Street In Tribeca For $130/ft
37 Lispenard Street
$130
$130/SF
Building Size
3,952 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
The retail asset located at 37 Lispenard Street in the Tribeca market encompasses a leased area of 3,952 square feet. The asking rent for this property is set at $130 per square foot, with a lease term of 10 years. This transaction is categorized as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $130/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Weinreb Management
- Tenant: Barbelle
- Landlord's Representative: Andrew Stern & Julia Singer - Newmark
- Tenant's Representative: Jeremy Aidan & Harry O'Donnell - Isaacs & Company
Notably, Andrew Stern and Julia Singer, representing the landlord, have highlighted the completion of their 155th lease in Tribeca, collaborating with luxury boutique fitness operator Barbelle within this agreement.
On the Map
$130
$130/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
122023.08%
Cash-on-Cash
-34874.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93