An analytical model is formulated for 2-D periodic negative honeycomb thicken strut re-entrant lattice structures and a modified rounded corner negative honeycomb structure that shows negative Poisson’s ratios (NPR). Analytical modeling is done using Castigliano’s second theorem, where each beam is modeled using Timoshenko beam theory, considering bending, stretching, and transverse shearing. Elastic modulus and Poisson’s ratio have been formulated for both structures in the form of non-dimensional geometrical characteristics, such as length ratios, angles of re-entrant arms, shear correction factor, and the material’s Young’s modulus and Poisson’s ratios. Numerical simulations conducted in ABAQUS-CAE explicit solver validate the analytical model. The effect of the non-dimensional parameters on the qualities of the developed structure is demonstrated. It is observed that the structures with a low curvature ratio have a high fluctuation of Poisson’s ratio and Elastic constant when plotted against the other parameters. The slenderness ratio has little impact on Poisson’s ratio but significantly influences elastic modulus. It is shown that various needs can be satisfied by customizing the Poisson’s ratios and elastic constant of both forms of lattice construction over an extensive range by carefully choosing the geometrical parameters and material.