<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 September 30, 1995 and is qualified in it's entirety by 
           reference to such financial statements.
</LEGEND>
<CIK>      0000730408
<NAME>     ATLANTIC CITY BOARDWALK ASSOCIATES, L.P.
       
<MULTIPLIER>                                                           1
<S>                                 <C>
<FISCAL-YEAR-END>                                            DEC-31-1995
<PERIOD-START>                                                JAN-1-1995 
<PERIOD-END>                                                 SEP-30-1995
<PERIOD-TYPE>                                                      9-MOS
<INVESTMENTS-AT-COST>                                                  0
<INVESTMENTS-AT-VALUE>                                                 0
<RECEIVABLES>                                                    262,000
<ASSETS-OTHER>                                                   703,000
<OTHER-ITEMS-ASSETS>                                         135,938,000
<TOTAL-ASSETS>                                               136,903,000
<PAYABLE-FOR-SECURITIES>                                               0
<SENIOR-LONG-TERM-DEBT>                                      106,917,000
<OTHER-ITEMS-LIABILITIES>                                     16,490,000
<TOTAL-LIABILITIES>                                          123,407,000
<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>                                                      29,991 
<DIVIDEND-INCOME>                                                      0
<INTEREST-INCOME>                                                449,000
<OTHER-INCOME>                                                28,829,000
<EXPENSES-NET>                                                26,634,000
<NET-INVESTMENT-INCOME>                                                0
<REALIZED-GAINS-CURRENT>                                               0
<APPREC-INCREASE-CURRENT>                                              0
<NET-CHANGE-FROM-OPS>                                          2,084,000
<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>                                         2,084,000  
<ACCUMULATED-NII-PRIOR>                                                0
<ACCUMULATED-GAINS-PRIOR>                                              0
<OVERDISTRIB-NII-PRIOR>                                                0
<OVERDIST-NET-GAINS-PRIOR>                                             0
<GROSS-ADVISORY-FEES>                                             98,000
<INTEREST-EXPENSE>                                            12,918,000
<GROSS-EXPENSE>                                               27,194,000
<AVERAGE-NET-ASSETS>                                          12,454,000
<PER-SHARE-NAV-BEGIN>                                             25,360
<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>                                               29,991
<EXPENSE-RATIO>                                                     2.18
<AVG-DEBT-OUTSTANDING>                                       123,424,000
<AVG-DEBT-PER-SHARE>                                             274,276
        

</TABLE>