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:
- Property Type: Industrial
- Transaction Amount: $28/ft.
- Address: 67 34th Street
- Market: Brooklyn
- Landlord: Industry City
- Tenant: Highline Commerce
- Brokers: Jeff Fein & Brad Blum - Industry City
- Lease Duration: Five years
- Total Footprint: 60,000 square feet
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
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