<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 financial statements.
</LEGEND>
<CIK>                         0001038222
<NAME>                        Wellsford Real Properties, Inc.
<MULTIPLIER>                  1

                                            
<PERIOD-TYPE>                                  9-MOS
<FISCAL-YEAR-END>                              Dec-31-1999
<PERIOD-START>                                 Jan-01-1999
<PERIOD-END>                                   Sep-30-1999
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<SECURITIES>                                   0
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<DEPRECIATION>                                 (5,597,725)
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