0001056488-12-000003.txt : 20120206 0001056488-12-000003.hdr.sgml : 20120206 20120206172202 ACCESSION NUMBER: 0001056488-12-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120206 DATE AS OF CHANGE: 20120206 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN STRATEGIC INCOME PORTFOLIO INC CENTRAL INDEX KEY: 0000878930 IRS NUMBER: 411705401 STATE OF INCORPORATION: MN FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-47755 FILM NUMBER: 12574559 BUSINESS ADDRESS: STREET 1: 800 NICOLLET AVE STREET 2: BC-MN-H05O CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6123033381 MAIL ADDRESS: STREET 1: 800 NICOLLET AVE STREET 2: BC-MN-H05O CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GARRISON BRADFORD & ASSOCIATES INC CENTRAL INDEX KEY: 0001056488 IRS NUMBER: 132775552 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 228 EAST FORTY FIFTH STREET STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2125577440 MAIL ADDRESS: STREET 1: 228 EAST 45TH STREET STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G 1 13gasp.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMERICAN STRATEGIC INCOME PORTFOLIO INC (Name of Issuer) Common Stock (Title of Class of Securities) 030098107 (CUSIP Number) William Bradford III 228 East 45th Street, 6Floor New York, NY 10017 (212) 557-7440 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 6, 2012 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act -------------------------------------------------------------------------------- CUSIP No. 030098107 -------------------------------------------------------------------------------- 1. Name of Reporting Persons. Garrison Bradford & Associates, Inc. IRS No. 13-2775552 -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [ ] (b) [x] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or place of organization New York, NY -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF -1,887- SHARES ----------------------------------------------------------------- BENEFICIALLY 6. Shared Voting Power OWNED BY -0- EACH ----------------------------------------------------------------- REPORTING 7. Sole Dispositive Power PERSON -289,754- WITH ----------------------------------------------------------------- 8. Shared Dispositive Power -0- -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 289,754 -------------------------------------------------------------------------------- 10. Check if the aggregate amount in Row (9) excludes certain shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11. Percent of class represented by amount in Row (9) 6.8 (i) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IA -------------------------------------------------------------------------------- (i) Based on 4,231,331 shares of Common Stock, par value $0.01 per share ("Common Stock") outstanding, calculated in accordance with Rule 13d. -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Item 1(a) Name of issuer: American Strategic Income Portfolio, Inc -------------------------------------------------------------------------------- Item 1(b) Address of issuer's principal executive offices: 800 Nolette Ave Minneapolis, MN 55402 -------------------------------------------------------------------------------- 2(a) Name of person filing: Garrison Bradford & Associates, Inc -------------------------------------------------------------------------------- 2(b) Address or principal business office or, if none, residence: 228 East 45th Street 6 Floor New York, NY 10017 -------------------------------------------------------------------------------- 2(c) Citizenship: New York, NY -------------------------------------------------------------------------------- 2(d) Title of class of securities: Common Stock, par value $0.01 -------------------------------------------------------------------------------- 2(e) CUSIP No.: 030098107 -------------------------------------------------------------------------------- Item 3.If this statement is filed pursuant to rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (e) [x} AN INVESTMENT ADVISER IN ACCORDANCE WITH RULE 13d-1(b)(1)(ii)(E). -------------------------------------------------------------------------------- Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: -289,754- (b) Percent of class: -6.8- (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: -1,887- (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: -289,754- (iv) Shared power to dispose or to direct the disposition of: -0- -------------------------------------------------------------------------------- Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS IF THIS STATEMENT IS BEING FILED TO REPORT THE FACT THAT AS OF THE DATE HEREOF THE REPORTING PERSON HAS CEASED TO BE THE BENEFICIAL OWNER OF MORE THAN 5 PERCENT OF THE CLASS OF SECURITES, CHECK THE FOLLOWING ( ) Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON Not applicable Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable Item 9. NOTICE OF DISSOLUTION OF GROUP Not applicable -------------------------------------------------------------------------------- Item 10. Certifications (a) The following certification shall be included if the statement is filed pursuant to 240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 6, 2012 /s/ William Bradford III --------------------------------------------- William Bradford III