Reports Fourth Quarter Earnings -- NEW YORK, Dec. 31, 2013 /PRNewswire/ -- NEW YORK, Dec. 31, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closed-end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2013. Total net assets of the Fund* on October 31, 2013 were $106,245,500, as compared with $105,554,790 on July 31, 2013 and $113,286,760 on October 31, 2012. On October 31, 2013, the net asset value per share of common stock was $13.53 based on 4,836,261 shares of common stock outstanding. NAV Per Share For the period August 1, 2013 through October 31, 2013 total net investment income was $776,821 or $0.16 per share of common stock. The total net realized and unrealized gain was $671,499 or $0.14 per share of common stock for the same period. Fourth Quarter Third Quarter Total Net Investment Income Total Net Realized/ Unrealized Gain/ (Loss) Total net assets include assets attributable to both common and preferred shares. Alliance New York Municipal Income Fund, Inc. is managed by AllianceBernstein L.P. SOURCE Alliance New York Municipal Income Fund, Inc.