-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MTAmcXEoZ+F1R2PHCH8098I12uDaXKcFOYQLn2MOz3UixLUkD30zSAeTIP1eH3Cx
 nT3mcJOlsH5rkaVW8wOM7Q==

<SEC-DOCUMENT>0000088053-05-000280.txt : 20050302
<SEC-HEADER>0000088053-05-000280.hdr.sgml : 20050302
<ACCEPTANCE-DATETIME>20050301181958
ACCESSION NUMBER:		0000088053-05-000280
CONFORMED SUBMISSION TYPE:	NT-NSAR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041231
FILED AS OF DATE:		20050302
DATE AS OF CHANGE:		20050301
EFFECTIVENESS DATE:		20050302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COHEN & STEERS TOTAL RETURN REALTY FUND INC
		CENTRAL INDEX KEY:			0000891290
		IRS NUMBER:				133680664
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NT-NSAR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07154
		FILM NUMBER:		05651825

	BUSINESS ADDRESS:	
		STREET 1:		C/O MERRILL LYNCH ASSET MANAGEMENT
		STREET 2:		800 SCUDDERS MILL RD
		CITY:			PLAINSBORO
		STATE:			NJ
		ZIP:			08536
		BUSINESS PHONE:		6092822116

	MAIL ADDRESS:	
		STREET 1:		C/O MERRILL LYNCH ASSET MANAGEMENT
		STREET 2:		800 SCUDDERS MILL RD
		CITY:			PLAINSBORO
		STATE:			NJ
		ZIP:			08536

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COHEN & STEERS OPPORTUNITY TRUST INC
		DATE OF NAME CHANGE:	19930714
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT-NSAR
<SEQUENCE>1
<FILENAME>cstrextension.txt
<TEXT>





<TABLE>




<S>                                   <C>


United States
Securities and Exchange Commission
Washington, D.C.   20549

Form 12b-25

Notification of Late Filing

(Check one):
___ Form 10-K __ Form 20-F __ Form 11-K  ___ Form 10-Q    X  Form N-SAR

For the Period Ended:            12/31/04

Part I - Registrant Information

Full Name of Registrant

Cohen & Steers Total Return Realty Fund Inc

Former Name if Applicable



Address of Principal Executive Office (Street & Number)

757 Third Avenue
New York, NY 10017

Part II - Rules 12b-25(b) and (c)

If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed.

(a) the reasons  described in  reasonable  detail in Part III of this
form could not be eliminated without unreasonable effort or expense.

(b) The subject annual report, semi-annual report, transition
report on Form 10-K,  Form 20-F,  11-K,  Form N-SAR, or portion
thereof, will be filed on or before the  fifteenth calendar day
following the  prescribed  due date; or the subject quarterly report
transition report on form 10-Q, or portion thereof will be filed on or
before the fifth calendar day following the prescribed due date

(c)     The accountant's statement or other exhibit required by Rule
12b-25(c)has been attached if applicable

Part III - Narrative

State below in reasonable detail the reasons why the Form 10-K, 11-
K, 10-Q, N-SAR, or the transition report or portion thereof, could
not be filed within the prescribed time period.

The registrant requests additional time to file form NSAR so that it
can compile the necessary information to file a complete and accurate
document.

Part IV - Other Information

(1)     Name and telephone number of person to contact in regard to
this notification

        Adam Derechin, Vice President
        (212) 832-3232

(2)     Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months been
filed?

                Yes

(3) Is it anticipated that any significant change in results of
operations from the  corresponding  period for the last  fiscal  year
will be reflected  by the earnings statements to be included in the
subject report or portion thereof?

        No

(Name of Registrant as Specified in Charter)    Cohen & Steers Total Return Realty Fund Inc

has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.

Date:   3/1/05	                            By:     Rick Magliaro
                                              /s/:    Rick Magliaro






</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
