X0303 4 2010-01-25 0000712770 ONE LIBERTY PROPERTIES INC OLP 0001292812 Lovejoy Jesse Robert 9 WEST 57TH STREET 25TH FLOOR NEW YORK NY 10019 1 0 0 0 Common Stock 2010-01-25 4 J 0 206 10.2046 A 9792 D Common Stock 2010-01-25 4 J 0 4 10.2046 A 228 I As custodian Common Stock 2010-01-25 4 J 0 2 10.2046 A 113 I By daughter Common Stock 2010-01-25 4 J 0 47 10.2046 A 2241 I By spouse 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. Shares are held by reporting person as custodian for two of reporting person's children. Reporting person disclaims any beneficial interest of these securities and this report shall not be an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Shares are held by daughter of reporting person. Reporting person disclaims any beneficial interest of these securities and this report shall not be an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Shares are held by wife of reporting person. Reporting person disclaims any beneficial interest of these securities and this report shall not be an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. J. Robert Lovejoy 2010-01-27