X0303 4 2009-04-27 0000712770 ONE LIBERTY PROPERTIES INC OLP 0001187905 ROSENZWEIG ISRAEL 60 CUTTER MILL ROAD GREAT NECK NY 11021 0 1 0 0 VICE PRESIDENT Common Stock 2009-04-27 4 J 0 6153 3.79 A 112200 D Common Stock 2009-04-27 4 J 0 1340 3.79 A 24431 I As trustee 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. Reporting person disclaims any beneficial interest in these shares. Includes shares received since reporting person's last Form 4 filing pursuant to issuer's dividend reinvestment plan. Israel Rosenzweig 2009-04-27