<TABLE> <S> <C>
<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
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<CASH> 31,204,187
<SECURITIES> 0
<RECEIVABLES> 45,319,324
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 173,934,397
<DEPRECIATION> (9,548,335)
<TOTAL-ASSETS> 371,252,031
<CURRENT-LIABILITIES> 0
<BONDS> 118,648,464
25,000,000
0
<COMMON> 165,925
<OTHER-SE> 211,250,587
<TOTAL-LIABILITY-AND-EQUITY> 371,252,031
<SALES> 0
<TOTAL-REVENUES> 18,280,231
<CGS> 0
<TOTAL-COSTS> 8,453,174
<OTHER-EXPENSES> 4,988,412
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 5,039,998
<INCOME-PRETAX> 3,398,840
<INCOME-TAX> 673,000
<INCOME-CONTINUING> 2,725,840
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,162,333
<EPS-BASIC> 0.25
<EPS-DILUTED> 0.25
</TABLE>