  We obtained N-band observations of the Apollo asteroid 2002 NY40 during its
close Earth fly-by in August 2002 with TIMMI2 at the ESO 3.6 m telescope. The
photometric measurement allowed us to derive a radiometric diameter of
0.28+/-0.03 km and an albedo of 0.34+/-0.06 through the near-Earth asteroid
thermal model (NEATM) and a thermophysical model (TPM). The values are in
agreement with results from radar data, visual and near-IR observations. In
this first comparison between these two model approaches we found that the
empirical NEATM beaming parameter $\eta$=1.0 corresponds to a thermal inertia
values of about 100 $\mathrm{J m^{-2} s^{-0.5} K^{-1}}$ for a typical range of
surface roughness, assuming an equator-on viewing angle. Our TPM analysis
indicated that the surface of 2002 NY40 consists of rocky material with a thin
or no dust regolith. The asteroid very likely has a prograde sense of rotation
with a cold terminator at the time of our observations. Although both model
approaches can fit the thermal spectra taken at phase angles of 22$^{\circ}$
and 59$^{\circ}$, we did not find a consistent model solution that describes
all pieces of photometric and spectroscopic data. In addition to the 2002 NY40
analysis, we discuss the possibilities to distinguish between different models
with only very few photometric and/or spectroscopic measurements spread over a
range of phase angles.
