<TABLE> <S> <C>

    <ARTICLE>                                                      5
    <LEGEND>
    This schedule contains summary financial information
    extracted from unaudited financial statements for the
    nine month period ending September 30, 1996 and is
    qualified in its entirety by reference to such financial
    statements
    </LEGEND>
    <CIK>                                               0000813812
    <NAME>            RIVERSIDE PARK ASSOCIATES LIMITED PARTNERSHIP
    <MULTIPLIER>                                                   1
    <CURRENCY>                              U.S. Dollars
           
    <S>                                     <C>
    <PERIOD-TYPE>                           9-MOS
    <FISCAL-YEAR-END>                       DEC-31-1996
    <PERIOD-START>                          JAN-01-1996
    <PERIOD-END>                            SEP-30-1996
    <EXCHANGE-RATE>                                                1
    <CASH>                                                 9,573,121
    <SECURITIES>                                                   0
    <RECEIVABLES>                                                  0
    <ALLOWANCES>                                                   0
    <INVENTORY>                                                    0
    <CURRENT-ASSETS>                                      10,294,595
    <PP&E>                                                72,386,833
    <DEPRECIATION>                                       (28,282,673)
    <TOTAL-ASSETS>                                        55,796,480
    <CURRENT-LIABILITIES>                                  6,991,667
    <BONDS>                                                        0
    <COMMON>                                                       0
    <PREFERRED-MANDATORY>                                          0
    <PREFERRED>                                                    0
    <OTHER-SE>                                             1,804,813 
    <TOTAL-LIABILITY-AND-EQUITY>                          55,796,480
    <SALES>                                                        0
    <TOTAL-REVENUES>                                       8,049,012
    <CGS>                                                          0
    <TOTAL-COSTS>                                                  0
    <OTHER-EXPENSES>                                       5,831,358 
    <LOSS-PROVISION>                                               0
    <INTEREST-EXPENSE>                                     3,042,896
    <INCOME-PRETAX>                                         (825,242) 
    <INCOME-TAX>                                                   0
    <INCOME-CONTINUING>                                     (825,242) 
    <DISCONTINUED>                                                 0
    <EXTRAORDINARY>                                                0
    <CHANGES>                                                      0
    <NET-INCOME>                                            (825,242) 
    <EPS-PRIMARY>                                          (1,414.28) 
    <EPS-DILUTED>                                          (1,414.28)
            
    
</TABLE>