UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934

Gyrodyne, LLC
(Name of Issuer)

Common Stock
(Title of Class of Securities)

403829104
(CUSIP Number)
10/14/15
(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)


CUSIP No.:  403829104

1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Bulldog Investors LLC,

2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)

3. SEC Use Only

4. Citizenship or Place of Organization
Delaware

Number of Shares Beneficially Owned by Each reporting Person
With:
5. Sole Voting Power
61,169
6. Shared Voting Power
10,538
7. Sole Dispositive Power
61,169
8. Shared Dispositive Power
10,538

71,707 - (footnote 1)


10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain
Shares (See Instructions)
N/A

11. Percent of Class Represented by Amount in Row ( 9 )
4.84%

12. Type of Reporting Person (See Instructions)
IA


1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Phillip Goldstein


2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)  X
(b)

3. SEC Use Only

4. Citizenship or Place of Organization
USA

Number of Shares Beneficially Owned by Each reporting Person
With:
5. Sole Voting Power
61,169
6. Shared Voting Power
10,538
7. Sole Dispositive Power
61,169
8. Shared Dispositive Power
10,538

71,707 - (footnote 1)


10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain
Shares (See Instructions)
N/A

11. Percent of Class Represented by Amount in Row ( 9 )
4.84%

12. Type of Reporting Person (See Instructions)
IN

1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Andrew Dakos

2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)

3. SEC Use Only

4. Citizenship or Place of Organization
USA

Number of Shares Beneficially Owned by Each reporting Person
With:
5. Sole Voting Power
61,169
6. Shared Voting Power
10,538
7. Sole Dispositive Power
61,169
8. Shared Dispositive Power
10,538

71,707 - (footnote 1)


10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain
Shares (See Instructions)
N/A

11. Percent of Class Represented by Amount in Row ( 9 )
4.84%

12. Type of Reporting Person (See Instructions)
IN

1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Steven Samuels

2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)

3. SEC Use Only

4. Citizenship or Place of Organization
USA

Number of Shares Beneficially Owned by Each reporting Person
With:
5. Sole Voting Power
61,169
6. Shared Voting Power
10,538
7. Sole Dispositive Power
61,169
8. Shared Dispositive Power
10,538

71,707 - (footnote 1)


10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain
Shares (See Instructions)
N/A

11. Percent of Class Represented by Amount in Row ( 9 )
4.84%

12. Type of Reporting Person (See Instructions)
IN

Item 1.
(a) The Name of the Issuer is:
Gyrodyne, LLC

(b) The Address of the Issuer's Principal Executive Office is:
1 FLOWERFIELD, SUITE 24
ST. JAMES NY 11780

Item 2.
(a) The names of the Persons Filing are:
Bulldog Investors LLC, Phillip Goldstein, Andrew Dakos and
Steven Samuels

(b) The address of  principal place of business and
principal office is:
Park 80 West, 250 Pehle Ave. Suite 708
Saddle Brook, NJ 07663

(c) Citizenship or Place of Organization: Delaware


(d) Title of Class of Securities: Common Stock

(e) CUSIP Number:  403829104

Item 3.
This statement is filed pursuant to 240.13d-1(b). The person filing is:
(e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).



Item 4.
(a) Amount beneficially owned: 71,707
(b) Percent of class: 4.84%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 61,169
(ii) Shared power to vote or to direct the vote: 10,538
(iii) Sole power to dispose or to direct the disposition
of: 61,169
(iv) Shared power to dispose or to direct the disposition
of: 10,538

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 five percent of the class of
securities, check the following: _X_.

Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Clients of Bulldog Investors, LLC are entitled to receive dividends
and sales proceeds.

Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security being Reported on by the Parent
Holding Company.
Not applicable.

Item 8. Identification and Classification of Members of the
Group.
As per the supplement to the prospectus dated 7/1/15, there were
1,482,680 shares of common stock to be outstanding after the merger
on 9/1/15. The percentages set forth herein were derived using
such number. Phillip Goldstein, Andrew Dakos and Steven Samuels
own Bulldog Investors, LLC, a registered Investment adviser.
As of October 14, 2015, Bulldog Investors, LLC is deemed to be the
beneficial owner of 71,707 shares of GYRO by virtue of Bulldog
Investors, LLC's power to direct the vote of, and dispose of, these
shares. These 71,707 shares of GYRO include 61,169 shares
(representing 4.13% of GYRO's outstanding shares) that are
beneficially owned by MR. Goldstein and the following entities over
which Messrs. Goldstein, Dakos and Samuels exercise control:
Opportunity Partners LP, Full Value Special Situations Fund LP,
Full Value Partners LP, Bulldog Investors I (collectively, Bulldog
Investors Group of Funds). Bulldog Investors Group of Funds may be
deemed to constitute a group. All other shares included in the
aforementioned 71,707 shares of GYRO owned by Bulldog Investors,
LLC (solely by virtue of its power to sell or direct the vote of
these shares) are also beneficially owned by clients of Bulldog
Investors, LLC who are not members of any group. The total number
of these "non-group" shares is 10,538 shares (representing 0.70%
of GYRO's outstanding shares).


Item 9. Notice of Dissolution of Group.
Not applicable.

Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and 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.



By:  	/s/ Phillip Goldstein
Name:  	Phillip Goldstein
Date:  	October 15, 2015

By:  	/s/ Andrew Dakos
Name:  	Andrew Dakos
Date:   October 15, 2015

By:  	/s/ Steven Samuels
Name:  	Steven Samuels
Date:   October 15, 2015

Bulldog Investors, LLC
By: /s/ Andrew Dakos
Andrew Dakos, Member
Date:   October 15, 2015

Footnote 1: The reporting persons disclaim beneficial ownership
	    except to the extent of any pecuniary interest therein.