<SUBMISSION>
<ACCESSION-NUMBER>0001144204-11-064954
<TYPE>NT 10-Q
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<FILING-DATE>20111115
<DATE-OF-FILING-DATE-CHANGE>20111115
<EFFECTIVENESS-DATE>20111115
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>BKF CAPITAL GROUP INC
<CIK>0000009235
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<IRS-NUMBER>360767530
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
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<FORM-TYPE>NT 10-Q
<ACT>34
<FILE-NUMBER>001-10024
<FILM-NUMBER>111206525
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<STREET1>ONE ROCKEFELLER PLAZA
<CITY>NEW YORK
<STATE>NY
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<STREET1>ONE ROCKEFELLER PLAZA
<CITY>NEW YORK
<STATE>NY
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<FORMER-CONFORMED-NAME>BAKER FENTRESS & CO
<DATE-CHANGED>19970829
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<FORMER-CONFORMED-NAME>BAKER FENTRESS & CO ET AL
<DATE-CHANGED>19940714
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<TYPE>NT 10-Q
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<FILENAME>v240788_nt10q.txt
<DESCRIPTION>FORM NT 10-Q
<TEXT>

                                  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     [X] Form 10-Q
             [ ] Form 10-D    [ ] Form N-SAR    [ ] Form N-CSR

                       For Period Ended: September 30, 2011

[ ]   Transition Report on Form 10-K
[ ]   Transition Report on Form 20-F
[ ]   Transition Report on Form 11-K
[ ]   Transition Report on Form 10-Q
[ ]   Transition Report on Form N-SAR

                For the Transition Period Ended: ________________


Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:

                                Not Applicable


PART I - REGISTRANT INFORMATION

                             BKF Capital Group, Inc.
                          -----------------------------
                             Full Name of Registrant


         225 NE Mizner Boulevard, Suite 400, Boca Raton, Florida 33432
--------------------------------------------------------------------------------
                      Address of Principal Executive Office



<PAGE>

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. (Check box if appropriate).

[x]      (a) The reasons described in reasonable detail in Part III of this form
             could not be eliminated without unreasonable effort or expense;

[x]      (b) The subject annual report or semi-annual report, transition
             report on Form 10-K or portion thereon will be filed on or before
             the fifteenth 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 Form 10-K could not be filed
within the prescribed time period.

     BKF Capital Group, Inc. (the "Company") was not able to file its quarterly
report on Form 10-Q for the quarter ended September 30, 2011 within in
prescribed time period because the Company was unable, without unreasonable
effort and expense, to obtain and analyze the information necessary to complete
the preparation of the Form 10-Q for the quarter ended September 30, 2011.  The
Company expects to file its Form 10-Q within the grace period provided by
Exchange Act Rule 12b-25.



<PAGE>

PART IV - OTHER INFORMATION

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

                    Steven N. Bronson        (561) 362-4199
                -------------------------------------------------
                         (Name)              (Telephone No.)

(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 or for such shorter period that the
     registrant was required to file such report(s) been filed? If the answer is
     no, identify report(s).
                                             [X] Yes [ ] No

(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
     earning statements to be included in the subject report or portion thereof?

                                             [ ] Yes [X] No

If so: attach an explanation of the anticipated change, both narratively and
quantitatively, and if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.


                             BKF Capital Group, Inc.
                          -----------------------------

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

Date: November 15, 2011

                                              By: /s/ Steven N. Bronson
                                                  ----------------------------
                                                  Steven N. Bronson, President
</TEXT>
</DOCUMENT>
</SUBMISSION>
