<DOCUMENT>
<TYPE>N-8A
<SEQUENCE>1
<FILENAME>a31229.txt
<DESCRIPTION>COHEN & STEERS INCOME REALTY FUND N-8A
<TEXT>

<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-8A

                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940

         The undersigned investment company hereby notifies the Securities and
Exchange Commission that it registers under and pursuant to the provisions of
Section 8(a) of the Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:

Name:             Cohen & Steers Income Realty Fund, Inc.

Address of Principal Business Offices
(No. & Street, City, State, Zip Code):

                  757 Third Avenue
                  New York, NY  10017

Telephone Number (including area code):              (212) 832-3232

Name and address of agent for service of process:

                  Robert H. Steers
                  c/o Cohen & Steers Capital Management, Inc.
                  757 Third Avenue
                  New York, NY  10017

Check Appropriate Box:

                  Registrant is filing a Registration Statement pursuant to
                  Section 8(b) of the Investment Company Act of 1940
                  concurrently with the filing of Form N-8A:

                           Yes      [X]              No       [ ]





<PAGE>


Pursuant to the requirements of the Investment Company Act of 1940, the
Registrant has caused this notification to be duly signed on its behalf in the
City of New York and State of New York on the 22nd day of August, 2001.

                         Cohen & Steers Income Realty Fund, Inc.


                         By:      /s/ Martin Cohen
                                  ---------------------------
                                  Name: Martin Cohen
                                  Title: President


Attest:           /s/ Robert H. Steers
                  -----------------------------------
                  Name: Robert H. Steers
                  Title:   Chairman


</TEXT>
</DOCUMENT>
