<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Atlantic Realty Trust Condensed Consolidated Balance Sheets and Statements of Income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000948975 <NAME> ATLANTIC REALTY TRUST <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JUL-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 24,236,816 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 37,775,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 62,011,816 <CURRENT-LIABILITIES> 4,802,918 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 57,208,898 <TOTAL-LIABILITY-AND-EQUITY> 62,011,816 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-BASIC> 0 <EPS-DILUTED> 0