Updated Jul 20, 2026
Highline Commerce Expands Warehouse Lease By 18,000 Square Feet At Industry City In Brooklyn
67 34th Street
Building Size
18,000 SF
Asset Type
Industrial
Closing
Jul 17, 2026
About this deal
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.
On the Map
Industrial
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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