Filed Pursuant to Rule 424(b)(3)

Registration File No.: 333-288711

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

BLACKROCK NEW YORK MUNICIPAL INCOME TRUST

BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.

Important Information Regarding the Joint Proxy Statement/Prospectus, dated September 4, 2025 for BlackRock MuniHoldings New York Quality Fund, Inc. (“MHN”), BlackRock New York Municipal Income Trust (“BNY”) and BlackRock MuniYield New York Quality Fund, Inc. (“MYN” or the “Acquiring Fund”)

The following changes are made to the Joint Proxy Statement/Prospectus:

The Section of the Joint Proxy Statement/Prospectus entitled “Voting Information and Requirements – Voting Requirement for Proposal 2: The Issuance of Acquiring Fund Common Shares” is deleted in its entirety and replaced with the following information:

Voting Requirement for Proposal 2: The Issuance of Acquiring Fund Common Shares

 

Proposals				Required Approval of Shareholders
Proposal 2(A): The common shareholders and VRDP Holders of the Acquiring Fund are being asked to vote as a single class on a proposal to approve the MHN Issuance.				Majority of votes entitled to be cast present at the Special Meeting or represented by proxy
Proposal 2(B): The common shareholders and VRDP Holders of the Acquiring Fund are being asked to vote as a single class on a proposal to approve the BNY Issuance.				Majority of votes entitled to be cast present at the Special Meeting or represented by proxy

All other references in the Joint Proxy Statement/Prospectus and the accompanying exhibits referencing the vote requirement for shareholders to approve Proposals 2(A) and 2(B) are hereby revised and restated to reflect the vote requirements stated in the table above.