<TABLE> <S> <C>


<ARTICLE>                                            6
<LEGEND>
               This schedule  contains  summary  financial information extracted
               from  Atlantic  City  Boardwalk  Associates, L.P.'s form 10-Q for
               the quarter ended June 30, 1997 and is  qualified in its entirety
               by reference to such financial statements.
</LEGEND>
<CIK>                         730408
<NAME>                        Atlantic City Boardwalk Associates, L.P.
<MULTIPLIER>                                                                  1
<CURRENCY>                                                                   US
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                                                   Dec-31-1997
<PERIOD-END>                                                        Jun-30-1997
<EXCHANGE-RATE>                                                              1
<INVESTMENTS-AT-COST>                                                        0
<INVESTMENTS-AT-VALUE>                                                       0
<RECEIVABLES>                                                          722,000
<ASSETS-OTHER>                                                         127,000
<OTHER-ITEMS-ASSETS>                                               125,242,000
<TOTAL-ASSETS>                                                     126,091,000
<PAYABLE-FOR-SECURITIES>                                                     0
<SENIOR-LONG-TERM-DEBT>                                             84,134,000
<OTHER-ITEMS-LIABILITIES>                                           19,626,000
<TOTAL-LIABILITIES>                                                103,760,000
<SENIOR-EQUITY>                                                            450
<PAID-IN-CAPITAL-COMMON>                                                     0
<SHARES-COMMON-STOCK>                                                        0
<SHARES-COMMON-PRIOR>                                                        0
<ACCUMULATED-NII-CURRENT>                                                    0
<OVERDISTRIBUTION-NII>                                                       0
<ACCUMULATED-NET-GAINS>                                                      0
<OVERDISTRIBUTION-GAINS>                                                     0
<ACCUM-APPREC-OR-DEPREC>                                                     0
<NET-ASSETS>                                                            49,625
<DIVIDEND-INCOME>                                                            0
<INTEREST-INCOME>                                                      252,000
<OTHER-INCOME>                                                      19,431,000
<EXPENSES-NET>                                                      15,804,000
<NET-INVESTMENT-INCOME>                                                      0
<REALIZED-GAINS-CURRENT>                                                     0
<APPREC-INCREASE-CURRENT>                                                    0
<NET-CHANGE-FROM-OPS>                                                3,443,000
<EQUALIZATION>                                                               0
<DISTRIBUTIONS-OF-INCOME>                                                    0
<DISTRIBUTIONS-OF-GAINS>                                                     0
<DISTRIBUTIONS-OTHER>                                                        0
<NUMBER-OF-SHARES-SOLD>                                                      0
<NUMBER-OF-SHARES-REDEEMED>                                                  0
<SHARES-REINVESTED>                                                          0
<NET-CHANGE-IN-ASSETS>                                               3,443,000
<ACCUMULATED-NII-PRIOR>                                                      0
<ACCUMULATED-GAINS-PRIOR>                                                    0
<OVERDISTRIB-NII-PRIOR>                                                      0
<OVERDIST-NET-GAINS-PRIOR>                                                   0
<GROSS-ADVISORY-FEES>                                                   65,000
<INTEREST-EXPENSE>                                                   7,373,000
<GROSS-EXPENSE>                                                     16,240,000
<AVERAGE-NET-ASSETS>                                                20,609,500
<PER-SHARE-NAV-BEGIN>                                                   41,974
<PER-SHARE-NII>                                                              0
<PER-SHARE-GAIN-APPREC>                                                      0
<PER-SHARE-DIVIDEND>                                                         0
<PER-SHARE-DISTRIBUTIONS>                                                    0
<RETURNS-OF-CAPITAL>                                                         0
<PER-SHARE-NAV-END>                                                     49,625
<EXPENSE-RATIO>                                                           0.79
<AVG-DEBT-OUTSTANDING>                                             105,553,500
<AVG-DEBT-PER-SHARE>                                                   234,564
        


</TABLE>