<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Company's Balance Sheet as of December 31, 1998 and the Statement Of Income for the year ended December 31, 1998, and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 84,124 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 84,124 <PP&E> 7,995,908 <DEPRECIATION> 5,878,473 <TOTAL-ASSETS> 2,212,651<F1> <CURRENT-LIABILITIES> 47,699<F2> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (624,219)<F3> <TOTAL-LIABILITY-AND-EQUITY> 2,212,651<F4> <SALES> 3,351,221<F5> <TOTAL-REVENUES> 3,351,221 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 298,258 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 265,616 <INCOME-PRETAX> 2,787,347 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,787,347 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,787,347 <EPS-PRIMARY> 3,871.32<F7> <EPS-DILUTED> 3,871.32<F7> <FN> <F1>Includes unamortized mortgage costs <F2>Accrued interest on mortgage and first mortgage principal payment due within one year <F3>Partnership capital <F4>Includes long-term debt <F5>Rental income <F6>Supervisory services and amortization of mortgage refinance costs <F7>Earnings per $5,000 participation unit, based on 720 participation units outstanding during the period. -48-