X0303 4 2009-04-27 0000712770 ONE LIBERTY PROPERTIES INC OLP 0001187901 GOULD FREDRIC H 60 CUTTER MILL ROAD SUITE 303 GREAT NECK NY 11021 1 1 0 0 Chariman of Board Common Stock 2009-04-27 4 J 0 19351 3.79 A 352744 D Common Stock 2009-04-27 4 J 0 7 3.79 A 131 I By corporation Common Stock 2009-04-27 4 J 0 675 3.79 A 12315 I By partnership Common Stock 2009-04-27 4 J 0 203 3.79 A 3713 I By pension trust Common Stock 2009-04-27 4 J 0 7571 3.79 A 138010 I By pension and profit sharing funds of REIT Management Corp. Common Stock 2009-04-27 4 J 0 2941 3.79 A 64635 I By spouse Common Stock 2009-04-27 4 J 0 704 3.79 A 12832 I By foundation Common Stock 2009-04-27 4 J 0 59644 3.79 D 1115350 I By partnership As a result of the dividend declared on March 13, 2009 and paid on April 27, 2009 to all stockholders of record on March 30, 2009, these additional shares were received by the reporting person. The total includes shares owned in an IRA acount. Reporting person is the sole shareholder of this corporation. Reporting person is a partner in this partnership. Reporting person is a trustee of this pension trust. Reporting person disclaims any beneficial interest in shares held directly by reporting person's spouse. Total includes 12,128 shares of issuer held by the Gould Shenfeld Family Foundation, of which reporting person's spouse is a director. Reporting person is a director of the Gould Shenfeld Family Foundation. Reporting person, the sole member of a limited liability company which is a general partner of Gould Investors L.P. and an executive officer of the corporate managing general partner of Gould Investors L.P., indirectly owns shares reported directly by Gould Investors L.P. This represents all shares of issuer owned by Gould Investors L.P. Fredric H. Gould 2009-04-27