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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

9 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