<ARTICLE>                     5
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
     consolidated balance sheets and consolidated statements of operation and is
     qualified in its entirety by reference to such documents.
</LEGEND>
<CIK>                        0001038222
<NAME>                       WELLSFORD REAL PROPERTIES, INC.
<MULTIPLIER>                 1

                                 
<PERIOD-TYPE>                             6-MOS
<FISCAL-YEAR-END>                   DEC-31-2000
<PERIOD-END>                        JUN-30-2000
<CASH>                               29,808,464
<SECURITIES>                                  0
<RECEIVABLES>                        44,201,290
<ALLOWANCES>                                  0
<INVENTORY>                                   0
<CURRENT-ASSETS>                              0
<PP&E>                              172,361,996
<DEPRECIATION>                        8,521,755
<TOTAL-ASSETS>                      368,615,480
<CURRENT-LIABILITIES>                         0
<BONDS>                             118,872,373
<PREFERRED-MANDATORY>                25,000,000
<PREFERRED>                                   0
<COMMON>                                166,300
<OTHER-SE>                          210,671,686
<TOTAL-LIABILITY-AND-EQUITY>        368,615,480
<SALES>                                       0
<TOTAL-REVENUES>                     11,895,771
<CGS>                                         0
<TOTAL-COSTS>                         5,318,457
<OTHER-EXPENSES>                      3,211,975
<LOSS-PROVISION>                              0
<INTEREST-EXPENSE>                    3,355,010
<INCOME-PRETAX>                       2,066,905
<INCOME-TAX>                            390,000
<INCOME-CONTINUING>                   1,676,905
<DISCONTINUED>                                0
<EXTRAORDINARY>                               0
<CHANGES>                                     0
<NET-INCOME>                          1,465,905
<EPS-BASIC>                                0.17
<EPS-DILUTED>                              0.17