WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <CIK> 0001029800 <NAME> Urstadt Biddle Properties Inc. <MULTIPLIER> 1 <CURRENCY> US Dollars <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> Oct-31-1999 <PERIOD-START> Nov-01-1998 <PERIOD-END> Oct-31-1999 <EXCHANGE-RATE> 1 <CASH> 2,758,000 <SECURITIES> 0 <RECEIVABLES> 3,370,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,128,000 <PP&E> 192,224,000 <F1> <DEPRECIATION> 30,736,000 <TOTAL-ASSETS> 183,774,000 <CURRENT-LIABILITIES> 3,907,000 <F2> <BONDS> 51,263,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 33,462,000 <COMMON> 121,071,000 <OTHER-SE> (33,034,000) <TOTAL-LIABILITY-AND-EQUITY> 183,774,000 <SALES> 0 <TOTAL-REVENUES> 29,814,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 17,683,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,913,000 <INCOME-PRETAX> 8,218,000 <INCOME-TAX> 392,000 <F3> <INCOME-CONTINUING> 7,826,000 <DISCONTINUED> 0 <EXTRAORDINARY> 1,364,000 <F7> <CHANGES> 3,147,000 <F4> <NET-INCOME> 6,043,000 <EPS-BASIC> .55 <F5> <EPS-DILUTED> .54 <F5> [EPS-BASIC] .62 <F6> [EPS-DILUTED] .61 <F6> <FN> <F1> This item consists of Real Estate Investments <F2> This item includes Bank Loans of $2,000,000 <F3> This item consists of Minority Interest in Consolidated Joint Venture <F4> This item consists of Preferred Stock Dividends <F5> Applicable to Common Shareholders <F6> Applicable to Class A Common Shareholders <F7> Gain on sale of real estate investment </FN>