ALBANY, N.Y. (AP) _ Subway gunman Bernhard Goetz can keep any money he makes from selling his story, the chairman of the state Crime Victims Board said Friday.

The four-member board decided unanimously that the state ''Son of Sam'' law does not apply to Goetz, said Chairman Angelo Petromelis. The board made the ruling March 17 in response to a petition filed by Goetz, he said.

The board said the crime profits law didn't apply because the jury that tried Goetz determined that the four teen-agers he shot were not crime victims. Goetz was acquitted of assault, attempted murder, reckless endangerment and all but one weapons charge.

Under the ''Son of Sam'' law, any profits made by convicts who sell the stories of their crimes are held in escrow by the board for the person's victims.

The law was created in 1979 to prevent ''Son of Sam'' killer David Berkowitz from profiting from book and movie deals about his year-long crime rampage, which left six people dead and seven wounded. A judge last year ordered that more than $118,000 Berkowitz received for the rights to his story should be turned over to families of his victims.

According to Crime Victims Board attorney Judith Brindle, Goetz has yet to sell the story of the subway shooting.

Goetz was convicted in June 1987 of one count of third-degree weapons possession in the shooting of four 19-year-olds on a subway Dec. 22, 1984. Goetz maintained that the teen-agers were trying to rob him when they approached and asked for $5. The youths said they were panhandling.

Neither Goetz nor his lawyer were immediately available for comment. There was no answer at Goetz's home phone. Lawyer Barry Slotnick didn't return calls.

Goetz was sentenced to six months in jail and 4 1/2 years probation but is free on $5,000 bail pending appeal.

The ruled March 17, but the ruling was mailed to involved parties this week and released publicly Friday, said Lorraine Felegy, counsel to the board.