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67 34th Street

LEASEDIndustrial

Highline Commerce Expands Warehouse Lease By 18,000 Square Feet At Industry City In Brooklyn

67 34th Street

$28

$28/SF

Building Size

18,000 SF

Asset Type

Industrial

Closing

Jul 17, 2026

AI

An industrial asset located at 67 34th Street in Brooklyn has recently completed a lease transaction. Highline Commerce has expanded its warehouse lease by an additional 18,000 square feet, resulting in a total of 60,000 square feet under lease. The asking rent for this space is set at $28 per square foot.

Summary of transaction details:

The transaction was facilitated by Jeff Fein and Brad Blum, both of whom represent Industry City in this deal. They played a crucial role in securing the lease agreement for Highline Commerce, contributing to the expansion of the tenant's operations in the Brooklyn market.

Players

Jeff Fein

Industry City

Broker

10 deals

Broker
HC
Highline CommerceBuyer

Reza Lavasani

Industry City

Landlord
Landlord

New Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

566535.71%

Cash-on-Cash

-161917.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93