X0303 4 2010-01-25 0000712770 ONE LIBERTY PROPERTIES INC OLP 0001293387 DeLuca Joseph A 154 EAST SHORE ROAD HUNTINGTON BAY NY 11743 1 0 0 0 Common Stock 2010-01-25 4 J 0 281 10.2046 A 13337 D As a result of the dividend declared on December 11, 2009 and paid on January 25, 2010 to all stockholders of record on December 22, 2009, these additional shares were received by the reporting person. Includes shares owned by a corporation of which the reporting person is the sole shareholder. Joseph A. DeLuca 2010-01-27