<ARTICLE>      5
<LEGEND>
This schedule contains summary financial information extracted from unaudited
financial statements for the six month period ending June 30, 1997 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
       
                                      
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                        DEC-31-1997
<PERIOD-START>                           JAN-01-1997
<PERIOD-END>                             JUN-30-1997
<EXCHANGE-RATE>                                    1
<CASH>                                     2,414,149
<SECURITIES>                                       0
<RECEIVABLES>                                      0
<ALLOWANCES>                                       0
<INVENTORY>                                        0
<CURRENT-ASSETS>                                   0
<PP&E>                                    72,824,161
<DEPRECIATION>                           (30,362,708)
<TOTAL-ASSETS>                            46,949,767
<CURRENT-LIABILITIES>                              0
<BONDS>                                            0
<COMMON>                                           0
<PREFERRED-MANDATORY>                              0
<PREFERRED>                                        0
<OTHER-SE>                                  (662,592)
<TOTAL-LIABILITY-AND-EQUITY>              46,949,767
<SALES>                                            0
<TOTAL-REVENUES>                           5,429,726
<CGS>                                              0
<TOTAL-COSTS>                                      0
<OTHER-EXPENSES>                           2,106,851
<LOSS-PROVISION>                                   0
<INTEREST-EXPENSE>                         1,951,231
<INCOME-PRETAX>                             (281,327)
<INCOME-TAX>                                       0
<INCOME-CONTINUING>                         (281,327)
<DISCONTINUED>                                     0
<EXTRAORDINARY>                                    0
<CHANGES>                                          0
<NET-INCOME>                                (281,327)
<EPS-PRIMARY>                                (482.13)
<EPS-DILUTED>                                (482.13)