<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extractd from Nantucket
Island Associates Limited Partnership and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 4,156,000
<SECURITIES> 0
<RECEIVABLES> 192,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 4,756,000
<PP&E> 25,026,000
<DEPRECIATION> (7,521,000)
<TOTAL-ASSETS> 23,850,000
<CURRENT-LIABILITIES> 2,166,000
<BONDS> 18,758,000
0
0
<COMMON> 0
<OTHER-SE> 3,050,000
<TOTAL-LIABILITY-AND-EQUITY> 23,850,000
<SALES> 0
<TOTAL-REVENUES> 1,445,000
<CGS> 0
<TOTAL-COSTS> 1,281,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 825,000
<INCOME-PRETAX> (516,000)
<INCOME-TAX> 0
<INCOME-CONTINUING> (516,000)
<DISCONTINUED> 0
<EXTRAORDINARY> (92,000)
<CHANGES> 0
<NET-INCOME> (608,000)
<EPS-BASIC> (736.31)
<EPS-DILUTED> (736.31)<F1>
<FN>
<F1> Includes ($112.10) extraordinary loss on extinguishment
of debt.
</FN>
</TABLE>