Yes it is. To be NY state compliant it would need to be 7 rounds or less except for tube fed .22's. The "SAFE" Act is different in different parts of the state, as the law has been challenged in Buffalo Federal Circuit court (I believe) and so the western part of the state to Syracuse is operating under different rules that rest of the state. 22 LR caliber rifles of any action with tube-fed magazines of any capacity are permitted.
(i.e. semi-automatic, bolt, lever, pump or slide – does not include fully-automatic) budsgunshop.com/catalog/feeds/state_reg/new_york_restrictions.pdf

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(New York Approved & Certified: Yes) - (California Approved: Yes) - (Massachusetts Approved & Certified: Yes).

(New York Approved & Certified: Yes) - (California Approved: Yes) - (Massachusetts Approved & Certified: Yes). *****Note***** : (22 LR caliber rifles of any
act
ion
with
tube
-
fed magazines
of any capacity are
permitted
.
(
i.e. semi
-
automatic, bolt, lever, pump or slide
–
does not include fully
-
automatic
)

This system has been approved by New York State. It is New York State legal because it has a fixed 10 round magazine and is a top loader. New York does not consider this rifle an assault weapon and therefor is transferable