<ARTICLE>          6
<LEGEND>           This schedule contains summary financial information
                   extracted from Atlantic City Boardwalk Associates, L.P.'s
                   form 10-K for the year ended December 31, 1995 and is 
                   qualified in it's entirety by reference to such
                   financial statements
</LEGEND>
       
<MULTIPLIER>                                                1          
                       
<FISCAL-YEAR-END>                                 DEC-31-1995
<PERIOD-START>                                     JAN-1-1995 
<PERIOD-END>                                      DEC-31-1995
<PERIOD-TYPE>                                            YEAR
<INVESTMENTS-AT-COST>                                       0
<INVESTMENTS-AT-VALUE>                                      0
<RECEIVABLES>                                         326,000
<ASSETS-OTHER>                                        512,000
<OTHER-ITEMS-ASSETS>                              134,337,000
<TOTAL-ASSETS>                                    135,175,000
<PAYABLE-FOR-SECURITIES>                                    0
<SENIOR-LONG-TERM-DEBT>                           104,315,000
<OTHER-ITEMS-LIABILITIES>                          16,725,000
<TOTAL-LIABILITIES>                               121,040,000
<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>                                           31,411
<DIVIDEND-INCOME>                                           0
<INTEREST-INCOME>                                     598,000
<OTHER-INCOME>                                     38,517,000
<EXPENSES-NET>                                     35,632,000
<NET-INVESTMENT-INCOME>                                     0
<REALIZED-GAINS-CURRENT>                                    0
<APPREC-INCREASE-CURRENT>                                   0
<NET-CHANGE-FROM-OPS>                               2,723,000
<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>                              2,723,000
<ACCUMULATED-NII-PRIOR>                                     0
<ACCUMULATED-GAINS-PRIOR>                                   0
<OVERDISTRIB-NII-PRIOR>                                     0
<OVERDIST-NET-GAINS-PRIOR>                                  0
<GROSS-ADVISORY-FEES>                                 130,000
<INTEREST-EXPENSE>                                 17,239,000
<GROSS-EXPENSE>                                    36,392,000
<AVERAGE-NET-ASSETS>                               12,774,000
<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>                                    31,411
<EXPENSE-RATIO>                                          2.85
<AVG-DEBT-OUTSTANDING>                            122,345,000
<AVG-DEBT-PER-SHARE>                                  271,878