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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
Certification and Notice of Termination of Registration under Section 12(g)
of the Securities Exchange Act of 1934 or Suspension of Duty to File
Reports Under Section 13 and 15(d) of the Securities Exchange
Act of 1934.
Commission File Number 0-10322
Corporate Property Associates 3
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(Exact name of registrant as specified in its charter)
50 Rockefeller Plaza, 2nd Floor, NY, NY 10020 (212) 492-1100
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(Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)
Limited Partnership Units
.............................................................................
(Title of each class of securities covered by this Form)
.............................................................................
(Titles of all other classes of securities for which a duty to file reports
under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate
rule provision(s) relied upon to terminate or suspend the duty to file reports:
<TABLE>
<S> <C>
Rule 12g-4(a)(1)(i) / / Rule 12h-3(b)(1)(ii) / /
Rule 12g-4(a)(1)(ii) / /
Rule 12g-4(a)(2)(i) / / Rule 12h-3(b)(2)(i) / /
Rule 12g-4(a)(2)(ii) / / Rule 12h-3(b)(2)(ii) / /
Rule 12h-3(b)(1)(i) / / Rule 15d-6 /x/
</TABLE>
Approximate number of holders of record as of the certification or
notice date:
44
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Pursuant to the requirements of the Securities Exchange Act of 1934
Corporate Property Associates 3 has caused this certification/notice to be
signed on its behalf by the undersigned duly authorized person.
DATE: 4/29/98 BY: /s/ John Park
.................. ............................................
Name and Title