MUNIHOLDINGS NEW YORK INSURED FUND INC
497, 1997-09-18
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                         September 18, 1997


VIA ELECTRONIC FILING

Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C.  20549


Attention:  Division of Investment Management

               Re:  MuniHoldings New York Insured Fund, Inc.
                    Pre-Effective Amendment No. 1 to
                    Registration Statement on Form N-2
                    (Securities Act File No. 333-26899
                    Investment Company Act No. 811-08217)    
                    ----------------------------------------

Ladies and Gentlemen:

     Pursuant to Rule 497(j) under the Securities Act of 1933, as amended
(the "1933 Act"), MuniHoldings New York Insured Fund, Inc. (the "Fund")
hereby certifies that:

     (1)  the form of Prospectus that would have been filed pursuant to Rule
          497(c) under the 1933 Act would not have differed from that
          contained in Pre-Effective Amendment No. 1 to the Fund's
          Registration Statement on Form N-2; and

     (2)  the text of Pre-Effective Amendment No. 1 to the Fund's
          Registration Statement on Form N-2 was filed electronically with
          the Securities and Exchange Commission on September 16, 1997.


                         Very truly yours,

                         MUNIHOLDINGS NEW YORK INSURED FUND, INC.


                         By:  /s/ Alice A. Pellegrino 
                              ------------------------
                              Alice A. Pellegrino











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