FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GOULD MATTHEW J
2. Issuer Name and Ticker or Trading Symbol

BRT REALTY TRUST [ BRT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SENIOR VICE PRESIDENT
(Last)          (First)          (Middle)

60 CUTTER MILL ROAD, SUITE 303
3. Date of Earliest Transaction (MM/DD/YYYY)

9/3/2015
(Street)

GREAT NECK, NY 11021
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Shares of Beneficial Interest                  289043   (1) D    
Shares of Beneficial Interest                  1140   I   By children   (2)
Shares of Beneficial Interest                  33259   I   By Gould Family Trust   (3)
Shares of Beneficial Interest                  23469   I   By Gould Shenfeld Family Foundation   (4)
Shares of Beneficial Interest                  47633   I   As custodian   (5)
Shares of Beneficial Interest   9/3/2015     P    333   A $6.93   2891621.77   I   By Gould Investors L.P.   (6)
Shares of Beneficial Interest   9/3/2015     P    500   A $6.95   2892121.77   I   By Gould Investors L.P.   (6)
Shares of Beneficial Interest   9/3/2015     P    69   A $6.99   2892190.77   I   By Gould Investors L.P.   (6)
Shares of Beneficial Interest   9/4/2015     P    40   A $6.94   2892230.77   I   By Gould Investors L.P.   (6)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Includes shares held in reporting person's IRA and Keogh accounts and in money purchase pension plan.
( 2)  These shares are owned by children of reporting person who reside with reporting person. Reporting person disclaims any beneficial interest in these shares.
( 3)  Reporting person is a trustee of the Gould Family Trust, which owns these shares.
( 4)  Reporting person is a trustee of the Gould Shenfeld Family Foundation.
( 5)  Shares are held by reporting person as custodian for his children. Reporting person disclaims beneficial ownership in these shares.
( 6)  These shares are owned by Gould Investors L.P. Reporting person is chairman of the corporate managing general partner of Gould Investors L.P., and he holds limited partnership interests in Gould Investors L.P. These shares represent all shares of issuer owned by Gould Investors L.P.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GOULD MATTHEW J
60 CUTTER MILL ROAD, SUITE 303
GREAT NECK, NY 11021
X
SENIOR VICE PRESIDENT

Signatures
Matthew J. Gould 9/8/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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