UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                   FORM 10-Q

[ X ]         QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934
                    For the period ended September 30, 1995

                                      OR

[   ]        TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934
             For the transition period from ________ to ________.

                       Commission File Number:  0-18149

                    DEAN WITTER REALTY YIELD PLUS II, L.P.
        (Exact name of registrant as specified in governing instrument)

                  Delaware                           13-3469111           
           (State of organization)       (IRS Employer Identification No.)

   2 World Trade Center, New York, NY                   10048             
(Address of principal executive offices)              (Zip Code)          

Registrant's telephone number, including area code:   (212) 392-1054

Former name, former address and former fiscal year, if changed since
last report:  not applicable

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.
                       Yes      X         No            <PAGE>
<TABLE>
                               PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements

                           DEAN WITTER REALTY YIELD PLUS II, L.P.

                                       BALANCE SHEETS
<CAPTION>
                                                          September 30,       December 31,
                                                              1995                1994    

                                           ASSETS
<S>                                                        <C>                <C>         
Investment in participating mortgage loan,
  net of allowance of $9,787,750 at September 
  30, 1995 and December 31, 1994                            $15,232,767        $15,232,767
  
Investment in unconsolidated partnership                     19,263,108         19,833,854

Buildings at cost, net of accumulated
  depreciation of $780,243 and $647,256                       6,312,381          6,445,368

Cash and cash equivalents, at cost
  which approximates market                                   1,953,693          2,057,891

Deferred expenses, net                                          715,840            626,495

Other assets                                                    146,431            214,743

                                                            $43,624,220        $44,411,118

                              LIABILITIES AND PARTNERS' CAPITAL

Accounts payable and other liabilities                      $   464,938        $   537,451  

Security deposits                                               100,668            100,668

                                                                565,606            638,119
Partners' capital:
  General partners                                            3,641,567          3,713,005
  Limited partners ($500 per Unit,
    173,164 Units issued)                                    39,417,047         40,059,994

          Total partners' capital                            43,058,614         43,772,999

                                                            $43,624,220        $44,411,118

                       See accompanying notes to financial statements.
/TABLE
<PAGE>
<TABLE>
                                    DEAN WITTER REALTY YIELD PLUS II, L.P.

                                             STATEMENTS OF INCOME

                            Three and nine months ended September 30, 1995 and 1994

                                                       

<CAPTION>
                                                    Three months ended               Nine months ended 
                                                       September 30,                    September 30,       
                                                     1995          1994             1995         1994   
                                                                                  
<S>                                                 <C>           <C>              <C>            <C>
Revenues:
  Interest on participating mortgage loan           $  501,085    $   506,797      $ 1,492,362    $1,509,374
  Rental                                               431,941        283,668        1,031,088     1,104,791
  Equity in earnings of unconsolidated                        
     partnership                                        87,579        147,349          350,454       570,276
  Interest and other                                    28,581         17,955           64,654        82,998
                                                     1,049,186        955,769        2,938,558     3,267,439
                                                                             
  

Expenses:
  Property operating                                   220,680        219,116          605,530       959,157
  Depreciation and amortization                         88,084         93,501          282,990       280,503
  General and administrative                            77,855         95,021          239,143       254,473
                                                       386,619        407,638        1,127,663     1,494,133

Net income                                         $   662,567    $   548,131       $1,810,895    $1,773,306



Net income allocated to:
  Limited partners                                 $   596,310    $   493,318       $1,629,805    $1,595,975
  General partners                                      66,257         54,813          181,090       177,331
                                                   $   662,567    $   548,131       $1,810,895    $1,773,306



Net income per Unit of limited
  partnership interest                                   $3.44          $2.85           $ 9.41        $ 9.22



                                See accompanying notes to financial statements.
</TABLE>
<PAGE>
<TABLE>
                                    DEAN WITTER REALTY YIELD PLUS II, L.P.

                                        STATEMENT OF PARTNERS' CAPITAL

                                     Nine months ended September 30, 1995

<CAPTION>
                                                Limited           General                        
                                                Partners          Partners              Total     
<S>                                          <C>                <C>         
Partners' capital at
  January 1, 1995                             $40,059,994        $3,713,005          $43,772,999 

Net income                                      1,629,805           181,090            1,810,895 

Cash distributions                             (2,272,752)         (252,528)          (2,525,280)

Partners' capital at
  September 30, 1995                          $39,417,047        $3,641,567          $43,058,614 












                                See accompanying notes to financial statements.
/TABLE
<PAGE>
<TABLE>
                                  DEAN WITTER REALTY YIELD PLUS II, L.P.

                                         STATEMENTS OF CASH FLOWS

                               Nine months ended September 30, 1995 and 1994
                                                     
<CAPTION>
                                                                     1995                     1994    
<C>                                                             <C>                        <C>        
Cash flows from operating activities:
  Net income                                                     $ 1,810,895                $1,773,306 
  Adjustments to reconcile net income to net
  cash provided by operating activities:
    Depreciation and amortization                                    282,990                   280,503 
    Equity in earnings of unconsolidated partnership                (350,454)                 (570,276)
    (Increase) decrease in operating assets:
      Deferred expenses                                             (210,272)                     -    
      Other assets                                                    39,236                  (109,992)
    Increase (decrease) in operating liabilities:
      Accounts payable and other liabilities                         (72,513)                  341,477 
      Due to affiliates                                                 -                       (5,626)
      Security deposits                                                 -                      (42,000)

        Net cash provided by operating activities                  1,499,882                 1,667,392 

Cash flows from investing activities:
  Contributions to unconsolidated partnership                       (482,543)                 (821,131)
  Distributions from unconsolidated partnership                    1,403,743                 1,091,065 

        Net cash provided by investing activities                    921,200                   269,934 

Net cash flows used in financing activities:
  Cash distributions                                              (2,525,280)               (2,886,066)
    
Decrease in cash and cash equivalents                               (104,198)                 (948,740)

Cash and cash equivalents at beginning of period                   2,057,891                 3,455,663 

Cash and cash equivalents at end of period                       $ 1,953,693               $ 2,506,923 

                              See accompanying notes to financial statements.
/TABLE
<PAGE>
                    DEAN WITTER REALTY YIELD PLUS II, L.P.

                       Notes to the Financial Statements


1.  The Partnership

Dean Witter Realty Yield Plus II, L.P. (the "Partnership") is a
limited partnership organized under the laws of the State of
Delaware in 1988.  The Managing General Partner of the Partnership
is Dean Witter Realty Yield Plus II Inc., which is wholly-owned by
Dean Witter Realty Inc. ("Realty").

The Partnership's records are maintained on the accrual basis of
accounting for financial and tax reporting purposes.

The Partnership accounts for its investment in DW Michelson
Associates under the equity method.

Net income per Unit amounts were calculated by dividing net income
allocated to Limited Partners, in accordance with the Partnership
Agreement, by the weighted average number of Units outstanding.

In the opinion of management, the accompanying financial statements,
which have not been audited, include all adjustments, consisting
only of normal recurring accruals, necessary to present fairly the
results for the interim periods.

The Partnership does not expect that adoption of SFAS 114, SFAS 118
and SFAS 121 regarding impairment of the Partnership's assets will
have a significant impact on the Partnership's financial statements.

2.  Related Party Transactions

An affiliate of Realty performs administrative functions, processes
investor transactions and prepares tax information for the
Partnership.  During each of the nine-month periods ended September
30, 1995 and 1994, the Partnership incurred approximately $159,000
for these services.  

An affiliate of Realty provided property management services for two
properties during 1995 and 1994.  The affiliate received property
management fees of $78,658 and $79,418 for the nine months ended
September 30, 1995 and 1994, respectively, for these services.

As of September 30, 1995, the affiliates were owed a total of
approximately $26,000 for these services.

3.  Subsequent Event

On October 30, 1995 the Partnership paid a cash distribution of
$3.125 per Unit to Limited Partners.  The cash distribution
aggregated $601,236 with $541,112 distributed to the Limited
Partners and $60,124 distributed to the General Partners.  
<PAGE>
                    DEAN WITTER REALTY YIELD PLUS II, L.P.


Item 2. Management's Discussion and Analysis of Financial Condition 
        and Results of Operations

Liquidity and Capital Resources

The Partnership raised $86,582,000 through a public offering which
was terminated in 1990.  The Partnership has no plans to raise
additional capital.

The Partnership committed the gross proceeds raised in the offering
to three investments.  No additional investments are planned.

Many real estate markets are stabilizing.  Continued space
absorption and restrained construction have reduced vacancy levels
of office properties in certain markets.  With the substantial
amount of office space still available however, office rental rates
are improving only modestly and in select regions.  At current
rental rates, significant office construction activity is considered
unlikely in the near-term in all but a few markets.  

Real estate markets are generally divided into sub-markets by
geographic location and property type.  Not all sub-markets have
been affected equally by the above factors.

Partnership cash from operations is primarily dependent upon the
cash generated by the Partnership's real estate investments and
interest on the participating mortgage loan. During the nine and
three-month periods ended September 30, 1995, both the Century
Alameda property and the Michelson joint venture generated positive
cash flow from operations, and it is anticipated that they will
continue to do so.  However, during the nine months ended September
30, 1995, cash distributions to investors, capital expenditures and
contributions to DW Michelson Associates exceeded cash flow from
operations and distributions from DW Michelson Associates.  As a
result, the Partnership's cash reserves continued to decline since
the beginning of 1994.

The Partnership expects to expend funds for tenant improvements and
leasing commissions in connection with the leasing or re-leasing of
space at the Century Alameda Distribution Center and 2600 Michelson
Drive properties.  As of September 30, 1995, the Partnership has
commitments to contribute to DW Michelson Associates approximately
$1,076,000 primarily for lease-related capital expenditures at 2600
Michelson Drive.  The Partnership also has commitments to fund
approximately $282,000 of the remaining capital expenditures in
connection with the leasing of the remaining vacant space at the
Century Alameda property.   
The Partnership's participating mortgage loan is secured by the One
Congress Street property.  The office space there is 100% leased to
a federal agency, the General Services Administration ("GSA") under
a lease that is cancellable by the GSA for some or all of their
space in August 1995 or thereafter and terminates in 1997.  To date,
GSA has not exercised its option to terminate some or all of its
space; however, if GSA elects to exercise its option in the future,
property cash flow will be reduced, and the owner/borrower of the
One Congress Street property may not be able to meet its minimum
debt service obligation.

Since existing cash reserves were projected not be sufficient to
fund all of the anticipated costs of the properties owned by the
Partnership, and to accumulate reserves for future contingencies,
the Partnership reduced its cash distribution from a 4% annual rate
to 2.5% beginning with the second quarter 1995 distribution, which
was paid in July.

The Partnership does not expect that adoption of SFAS 114, SFAS 118
and SFAS 121 regarding impairment of the Partnership's assets will
have a significant impact on the Partnership's financial statements.

On October 30, 1995, the Partnership paid the third quarter cash
distribution of $3.125 per Unit to the Limited Partners.  The cash
distribution aggregated $601,236 with $541,112 distributed to the
Limited Partners and $60,124 distributed to the General Partners.

Operations

Fluctuations in the Partnership's operating results for the nine and
three-month periods ended September 30, 1995 compared to 1994 are
primarily attributable to the following:

The increase in rental income for the three months ended September
30, 1995 is due to higher occupancy at the Century Alameda property
resulting from the expansion of Goldenberg Plywood into the
remaining vacant space at the property.  (This tenant now occupies
approximately 65% of the property's space).  The decrease in rental
income for the nine months ended September 30, 1995 is attributable
to lower occupancy at the Century Alameda property before the
Goldenberg Plywood expansion.

The decreases in equity in earnings of unconsolidated partnership
are due to lower income from 2600 Michelson Drive.  These decreases
result from higher depreciation and amortization on expenditures for
tenant improvements and leasing commissions, partially offset by
increased rental income at the property.

The decreases in property operating expenses for the nine months
period ended September 30, 1995 are  primarily due to provisions
made in 1994 for uncollectible rents from a large tenant that was
evicted from the Century Alameda Distribution Center in April 1994.

A summary of the office, retail and industrial building markets
where the Partnership's properties and the property underlying the
Partnerships' investment in a participating loan are located, and
the performance of each property, is as follows:

There has been no significant new construction in the industrial
building market in Lynwood, California, the location of the Century
Alameda Distribution Center.  As a result, space in this market is
being absorbed at a slow and steady pace, and the current vacancy
rate in this market is 10%.  Additionally, the number of tenants
seeking larger space in this market has increased from a year ago,
and the recent completion of the Century Freeway is anticipated to
increase demand.  During the third quarter of 1995, occupancy at the
property increased from 72% to 100%.  No significant leases are
scheduled to expire before 1997.

Favorable lease rates are attracting tenants to the office market in
Irvine, California, the location of 2600 Michelson Drive, where the
market vacancy rate is approximately 15%.  The steady absorption of
space and the lack of new construction are leading to a tightening
of available quality office space in this sub-market.  At September
30, 1995, occupancy at the property was 92%.  No significant leases
are scheduled to expire before 1998.

Because the office space at One Congress Street, located in Boston,
Massachusetts, is fully leased, the property has not been affected
by the recent strengthening of the Boston office market.  However,
some or all of the space covered by the GSA lease is cancelable
beginning in August 1995 and terminates in 1997.  The retail space
has been difficult to lease.  During the third quarter of 1995,
occupancy at the office and garage space remained at 100% and the
retail space, which is not a significant portion of the overall
space, is substantially vacant.

Inflation 

Inflation has been consistently low during the periods presented in
the financial statements and, as a result, has not had a significant
effect on the operations of the Partnership or its properties.

PART II - OTHER INFORMATION

Not applicable.

<PAGE>
                                  SIGNATURES




Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.



                              DEAN WITTER REALTY YIELD PLUS II, L.P.



                              By:   Dean Witter Realty Yield Plus II Inc.
                                    Managing General Partner



Date:  November 14, 1995      By:   /s/E. Davisson Hardman, Jr.         
                                    E. Davisson Hardman, Jr.
                                    President                         


   
Date:  November 14, 1995      By:   /s/Lawrence Volpe                   
                                    Lawrence Volpe
                                    Controller                  
                                    (Principal Financial and Accounting
                                     Officer)