<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, 1996 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>                   9-MOS
<FISCAL-YEAR-END>                              Dec-31-1996
<PERIOD-START>                                 Jan-1-1996
<PERIOD-END>                                   Sep-30-1996
<EXCHANGE-RATE>                                1
<INVESTMENTS-AT-COST>                          0
<INVESTMENTS-AT-VALUE>                         0
<RECEIVABLES>                                      291,000
<ASSETS-OTHER>                                     586,000
<OTHER-ITEMS-ASSETS>                           131,284,000
<TOTAL-ASSETS>                                 132,161,000
<PAYABLE-FOR-SECURITIES>                                 0
<SENIOR-LONG-TERM-DEBT>                         96,155,000
<OTHER-ITEMS-LIABILITIES>                       18,783,000
<TOTAL-LIABILITIES>                            114,938,000
<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>                                        38,273
<DIVIDEND-INCOME>                                        0
<INTEREST-INCOME>                                  429,000
<OTHER-INCOME>                                  29,498,000
<EXPENSES-NET>                                  26,286,000
<NET-INVESTMENT-INCOME>                                  0
<REALIZED-GAINS-CURRENT>                                 0
<APPREC-INCREASE-CURRENT>                                0
<NET-CHANGE-FROM-OPS>                            3,088,000
<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>                           3,088,000
<ACCUMULATED-NII-PRIOR>                                  0
<ACCUMULATED-GAINS-PRIOR>                                0
<OVERDISTRIB-NII-PRIOR>                                  0
<OVERDIST-NET-GAINS-PRIOR>                               0
<GROSS-ADVISORY-FEES>                               98,000
<INTEREST-EXPENSE>                              12,138,000
<GROSS-EXPENSE>                                 26,839,000
<AVERAGE-NET-ASSETS>                            15,679,000
<PER-SHARE-NAV-BEGIN>                               31,411
<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>                                 38,273
<EXPENSE-RATIO>                                       1.71
<AVG-DEBT-OUTSTANDING>                         117,989,000
<AVG-DEBT-PER-SHARE>                               262,198
        

</TABLE>