Harbor Stone Brokers $5M Sale of Historic Mixed-Use Property in Baltimore

by John Nelson

BALTIMORE — Harbor Stone Advisors has brokered the $5 million sale of Astor Court, a mixed-use property located at 2440 St. Paul St. in Baltimore’s Old Goucher neighborhood. Built in 1930 and renovated in 2006, the property features 26 one-bedroom apartments, 10 two-bedroom units and four commercial spaces on the ground level leased to Subway, State of the Art Hair Studio, Maryland Healthcare Clinics and Charles Village Community Benefits District.

Community amenities include controlled building access, an elevator, 24-hour fitness center, community multipurpose room with kitchen, shared workspace, private courtyard, bicycle storage and a laundry facility. A small parking lot adjacent to Astor Court was included in the sale.

Justin Verner, Brooks Healy and Tom Wohlgemuth of Harbor Stone represented the seller, an entity doing business as Astor Court LLC that is led by investor Michael Rock, in the transaction. The buyer was not disclosed.

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