<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from MULTI-BENEFIT REALTY FUND '87-1 2000 Third Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000802200 <NAME> MULTI-BENEFIT REALTY FUND '87-1 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JUL-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 2,009 <SECURITIES> 0 <RECEIVABLES> 342 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <F1> <PP&E> 18,423 <DEPRECIATION> (9,512) <TOTAL-ASSETS> 11,794 <CURRENT-LIABILITIES> 0 <F1> <BONDS> 9,900 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,188 <TOTAL-LIABILITY-AND-EQUITY> 11,794 <SALES> 0 <TOTAL-REVENUES> 8,347 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,454 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 679 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> (108) <CHANGES> 0 <NET-INCOME> 4,785 <EPS-BASIC> 27.63 <F2> <EPS-DILUTED> 0 <FN> <F1> Registrant has an unclassified balance sheet. <F2> Multiplier is 1. </FN>