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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 OZs9Ow/dyuJ7pNKqvJTRCmI6qo6eBSMSGy5zyK6ZX7tSdu2kbyh6tYhuN3UTU+qP
 JIu9Q0C8WYLde6ncvk5bbA==

<SEC-DOCUMENT>0001144204-07-050003.txt : 20070918
<SEC-HEADER>0001144204-07-050003.hdr.sgml : 20070918
<ACCEPTANCE-DATETIME>20070918162052
ACCESSION NUMBER:		0001144204-07-050003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070917
FILED AS OF DATE:		20070918
DATE AS OF CHANGE:		20070918

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATHANS FAMOUS INC
		CENTRAL INDEX KEY:			0000069733
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				113166443
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0329

	BUSINESS ADDRESS:	
		STREET 1:		1400 OLD COUNTRY RD
		CITY:			WESTBURY
		STATE:			NY
		ZIP:			11590
		BUSINESS PHONE:		5163388500

	MAIL ADDRESS:	
		STREET 1:		1400 OLD COUNTRY RD
		STREET 2:		STE 400
		CITY:			WESTBURY
		STATE:			NY
		ZIP:			11590

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GATOFF ERIC
		CENTRAL INDEX KEY:			0001268467

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-03189
		FILM NUMBER:		071122686

	MAIL ADDRESS:	
		STREET 1:		24 E 22ND ST
		STREET 2:		APT 3
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form410647_091807161656-.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-09-17</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000069733</issuerCik>
        <issuerName>NATHANS FAMOUS INC</issuerName>
        <issuerTradingSymbol>NATH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001268467</rptOwnerCik>
            <rptOwnerName>GATOFF ERIC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NATHAN'S FAMOUS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1400 OLD COUNTRY ROAD</rptOwnerStreet2>
            <rptOwnerCity>WESTBURY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>US 11590</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>2001 Stock Option Plan (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>17.43</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-09-17</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>60000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-09-17</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2012-09-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>60000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>60000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Options vest 25% on each of the first through fourth anniversaries of the grant date.</footnote>
        <footnote id="F2">Does not include options to purchase 15,000 shares under the 2002 Stock Incentive Plan and options to purchase an additional 25,000 shares under the 2001 Stock Option Plan.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Eric Gatoff</signatureName>
        <signatureDate>2007-09-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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