DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/ (Prospectus Summary) | DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/

Fund Summary

Investment Objective

The fund seeks as high a level of current income exempt from federal, New York
state and New York city income taxes as is consistent with the preservation of
capital.

Fees and Expenses

This table describes the fees and expenses that you may pay if you buy and hold
shares of the fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses		DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/
Management fees		0.60%
Other expenses (including shareholder services fees)	[1]	0.14%
Total annual fund operating expenses		0.74%

Example

The Example is intended to help you compare the cost of investing in the fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the fund for the time periods indicated and then redeem all of
your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the fund's operating expenses
remain the same. Although your actual costs may be higher or lower, based on
these assumptions your costs would be:

Expense Example (USD $)	Expense Example, with Redemption, 1 Year	Expense Example, with Redemption, 3 Years	Expense Example, with Redemption, 5 Years	Expense Example, with Redemption, 10 Years
DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/	76	237	411	918

Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when fund
shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the fund's performance.
During the most recent fiscal year, the fund's portfolio turnover rate was
11.99% of the average value of its portfolio.

Principal Investment Strategy

To pursue its goal, the fund normally invests substantially all of its net
assets in municipal bonds that provide income exempt from federal, New York
state and New York city income taxes. The fund invests at least 80% of its
assets in municipal bonds rated investment grade (Baa/BBB or higher) or the
unrated equivalent as determined by The Dreyfus Corporation. For additional
yield, the fund may invest up to 20% of its assets in municipal bonds rated
below investment grade ("high yield" or "junk" bonds) or the unrated equivalent
as determined by The Dreyfus Corporation. The dollar-weighted average maturity
of the fund's portfolio normally exceeds ten years, but the fund may invest
without regard to maturity.

The portfolio managers focus on identifying undervalued sectors and securities.
To select municipal bonds for the fund, the portfolio managers use fundamental
credit analysis to estimate the relative value and attractiveness of various
sectors and securities and actively trade among various sectors, based on their
apparent relative values.

Although the fund seeks to provide income exempt from federal, New York state
and New York city income taxes, income from some of the fund's holdings may be
subject to the federal alternative minimum tax. In addition, the fund may invest
temporarily in taxable obligations.

Principal Risks

An investment in the fund is not a bank deposit. It is not insured or guaranteed
by the Federal Deposit Insurance Corporation (FDIC) or any other government
agency. It is not a complete investment program. The fund's share price
fluctuates, sometimes dramatically, which means you could lose money.

o Municipal bond market risk. The amount of public information available about
municipal bonds is generally less than that for corporate equities or bonds.
Special factors, such as legislative changes, and state and local economic and
business developments, may adversely affect the yield and/or value of the fund's
investments in municipal bonds. Other factors include the general conditions of
the municipal bond market, the size of the particular offering, the maturity of
the obligation and the rating of the issue. Changes in economic, business or
political conditions relating to a particular municipal project, municipality,
or state in which the fund invests may have an impact on the fund's share price.

o Interest rate risk. Prices of municipal bonds tend to move inversely with
changes in interest rates. Typically, a rise in rates will adversely affect bond
prices and, accordingly, the fund's share price. The longer the effective
maturity and duration of the fund's portfolio, the more the fund's share price
is likely to react to interest rates.

o Credit risk. Failure of an issuer to make timely interest or principal
payments, or a decline or perception of a decline in the credit quality of a
municipal bond, can cause the bond's price to fall, potentially lowering the
fund's share price. The lower a bond's credit rating, the greater the chance -
in the rating agency's opinion - that the bond issuer will default or fail to
meet its payment obligations. To the extent the fund invests in high yield
("junk") bonds, its portfolio is subject to heightened credit risk.

o Liquidity risk. When there is little or no active trading market for specific
types of securities, it can become more difficult to sell the securities at or
near their perceived value. In such a market, the value of such securities and
the fund's share price may fall dramatically, even during periods of declining
interest rates. The secondary market for certain municipal bonds tends to be
less well developed or liquid than many other securities markets, which may
adversely affect the fund's ability to sell such municipal bonds at attractive
prices.

o State-specific risk. The fund is subject to the risk that New York's economy,
and the revenues underlying its municipal obligations, may decline. Investing
primarily in a single state makes the fund more sensitive to risks specific to
the state and may magnify other risks.

o Non-diversification risk. The fund is non-diversified, meaning that a
relatively high percentage of the fund's assets may be invested in a limited
number of issuers. Therefore, the fund's performance may be more vulnerable to
changes in the market value of a single issuer or group of issuers and more
susceptible to risks associated with a single economic, political or regulatory
occurrence than a diversified fund.

Performance

The following bar chart and table provide some indication of the risks of
investing in the fund. The table compares the average annual total returns
of the fund's shares to those of a broad measure of market performance. The
fund's past performance (before and after taxes) is no guarantee of future
results. More recent performance information may be available at
www.dreyfus.com.

The bar chart shows changes in the performance of the fund's shares from year to year.

Year-by-Year Total Returns as of 12/31 each year (%)

Best Quarter    
Q3, 2009: 7.48%
Worst Quarter   
Q4, 2010: -4.75%
                                                                              
The fund's year-to-date total return as of 6/30/12 was 3.91%.

After-tax returns are calculated using the historical highest individual federal
marginal tax rates, and do not reflect the impact of state and local taxes.
Actual after-tax returns depend on the investor's tax situation and may differ
from those shown, and the after tax returns shown are not relevant to investors
who hold their shares through tax-deferred arrangements such as 401(k) plans or
individual retirement accounts.

Average Annual Total Returns (as of 12/31/11)

Average Annual Total Returns	Label	1 Year	5 Years	10 Years
DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/	Fund returns before taxes	9.87%	4.50%	4.61%
DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/ After Taxes on Distributions	Fund returns after taxes on distributions	9.87%	4.48%	4.56%
DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/ After Taxes on Distributions and Sales	Fund returns after taxes on distributions and sale of fund shares	7.84%	4.40%	4.52%
DREYFUS NEW YORK TAX EXEMPT BOND FUND INC /NEW/ Barclays Municipal Bond Index	Barclays Municipal Bond Index reflects no deduction for fees, expenses or taxes	10.70%	5.22%	5.38%

[1] Other expense includes interest expense associated with the fund's investment in inverse floaters. Not shown in the table is the additional income generated by these investments which was approximately the same as the interest expense.