---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-036418"
form_type: "8-K"
ticker: "OLP"
cik: "0000712770"
company_name: "ONE LIBERTY PROPERTIES INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:32:25.510737+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# One Liberty Properties Q1: rental income +7% to $23M; net income $0.25/share vs $0.44 YoY

## Summary
- Rental income grew 7.0% YoY to $23.0M, driven by same-store growth and net property acquisitions.
- Net income attributable to One Liberty was $5.4M ($0.25 diluted) vs $9.3M ($0.44) in Q1 2022, down on lower gains.
- FFO per diluted share $0.47 vs $0.50 YoY; AFFO flat at $0.50 per share.
- CEO highlights transformation toward industrial properties contributing positively to portfolio growth.

## SEC filing metadata
- accession: 0001213900-23-036418
- form_type: 8-K
- ticker: OLP
- cik: 0000712770
- company_name: ONE LIBERTY PROPERTIES INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712770/000121390023036418/0001213900-23-036418-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712770/000121390023036418/ea177974-8k_oneliberty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-036418
- JSON: https://secwatch.observer/filing/0001213900-23-036418.json
- Plain text: https://secwatch.observer/filing/0001213900-23-036418.txt

## Key facts
- Earnings Releases
  ONE LIBERTY PROPERTIES INC reported the quarter ended March 31, 2023 results: revenue $23.0 million, net income $5.4 million, EPS $0.25 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $23.0 million
  - Net income: $5.4 million
  - EPS: $0.25 per diluted share
  - Result: reported results
  source text: continuing to selectively monetize assets where we can realize strong gains or that we believe have reached their full potential.” Operating Results: Rental income grew 7.0% to $23.0 million in the first quarter of 2023 from $21.5 million in the first quarter of 2022. This growth is due primarily to increases in rental income from same store properties and to a
  evidence_url: https://www.sec.gov/Archives/edgar/data/712770/000121390023036418/0001213900-23-036418-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.