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Harvey C. Jones Acquires Co-Op At 1030 5th Avenue From Richard Duke Buchan III And Hannah Buchan For $18.8M

Property Image
SOLD
$18,800,000
Marc Achilles
Georgeana Leontiou
Alexa Lambert

New York

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Co-Op
Sold 01/14/2026
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Property Image
SOLD

Harvey C. Jones Acquires Co-Op At 1030 5th Avenue From Richard Duke Buchan III And Hannah Buchan For $18.8M

1030 5th Avenue

See Similar Deals
Co-Op
Sold 01/14/2026
Marc Achilles
Georgeana Leontiou
Alexa Lambert
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Co-Op
Transaction Type:Sale

The property involved in this transaction is a co-op located at 1030 5th Avenue in the Upper East Side. It sold for $18,800,000, representing a significant increase from its previous purchase price of $8.9 million in 2010.

Summary of transaction details:

Richard Duke Buchan III, a prominent GOP fundraiser and current U.S. ambassador to Morocco, was involved in the sale of this property, bringing significant visibility to the transaction. The brokerage team representing the sellers consisted of three professionals from Compass, indicating a collaborative approach to the sale.

Players

Alexa Lambert
Compass
Alexa Lambert
10 deals$228.5M volume
BROKER
Georgeana Leontiou
Compass
Georgeana Leontiou
2 deals$22.8M volume
BROKER
Marc Achilles
Compass
Marc Achilles
5 deals$64M volume
BROKER

Details

SOLD
IMAGE: Harvey C. Jones, Hannah Buchan, Richard Duke Buchan III, Alexa Lambert, Marc Achilles & Georgeana Leontiou DATE: 01/14/2026 ADDRESS: 1030 5th Avenue MARKET: Upper East Side ASSET TYPE: Co-Op BUYER: Harvey C. Jones SELLER: Richard Duke Buchan III & Hannah Buchan BROKERS: Alexa Lambert (@AlexaPriscillaLambert), Marc Achilles (@Marc_Achilles) & Georgeana Leontiou - Compass (@Compass) SALE PRICE: $18,800,000 NOTE: Richard Duke Buchan III — a major GOP fundraiser and current U.S. ambassador to Morocco — sold his Upper East Side co-op for $18.8 million, nearly doubling the $8.9 million he paid in 2010.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,002,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$66,792.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$89,121.59
Annual Debt Service$1,069,459.10