Aaron Hockett pays $5M for 4-family in Carroll Gardens

Aaron Hockett through the entity 62 4th Place LLC paid $5 million to Camille Mavroudes through the entity Fourth Place Captial, LLC for the four-unit building (C3) at 62 4th Place in Carroll Gardens, Brooklyn. The expected use is cash flowing.
The deal closed on December 10, 2025 and was recorded on December 26, 2025. The property has 3,375 square feet of built space and 1,625 square feet of additional air rights for a total buildable of 5,000 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,488 and the price per buildable square foot is $1,005 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Camille Mavroudes was Camille Mavroudes. The signatory for Aaron Hockett was Aaron Huckett. The contract date was September 12, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Aaron Hockett had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Camille Mavroudes had not purchased any other properties and had not sold any properties over the same time period. The former owners according to the Department of Housing Preservation and Development includes John Mavroudes, head officer and Camille Mavroudes, officer. The business entity is Fourth Place Capital Llc.

The property

The 1-4 family building with 4 residential units in Carroll Gardens has 3,375 square feet of built space and 1,625 square feet of additional air rights for a total buildable of 5,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 25 feet and is 100 feet deep with a total lot size of 2,500 square feet. The zoning is R6B which allows for up to 2 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $1.8 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of two of the seven commercial properties representing 11,056 square feet of the 37,199 square feet. The two identified owners are Lcrfe 480 Llc and Renee Shahwan.
There are no active new building construction projects on this tax block.

The majority, or 51 percent of the 37,199 square feet of built space are walkup buildings, with mixed-use buildings next occupying 49 percent of the space.

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