---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-083885"
form_type: "8-K"
ticker: "OLP"
cik: "0000712770"
company_name: "ONE LIBERTY PROPERTIES INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:36:42.381196+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# One Liberty Properties Q3 rental income up 4.7% to $22.5M; FFO rises to $0.45/shr

## Summary
- Rental income grew 4.7% YoY to $22.5M in Q3 2023.
- Net income $2.7M ($0.12 diluted EPS) vs $7.2M ($0.34) in Q3 2022; prior year included $4.1M gain on sale.
- FFO $9.7M ($0.45/shr) and AFFO $10.5M ($0.49/shr), up from $9.2M and $10.1M in Q3 2022.
- Repurchased $9.1M of shares in 2023, including $2.5M after quarter end; $8.7M still authorized.
- Acquired 177K SF industrial property in Blythewood, SC for $13.4M; contracted to sell Manahawkin, NJ shopping center for ~$36.5M.

## SEC filing metadata
- accession: 0001213900-23-083885
- form_type: 8-K
- ticker: OLP
- cik: 0000712770
- company_name: ONE LIBERTY PROPERTIES INC
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712770/000121390023083885/0001213900-23-083885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712770/000121390023083885/ea187766-8k_oneliberty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-083885
- JSON: https://secwatch.observer/filing/0001213900-23-083885.json
- Plain text: https://secwatch.observer/filing/0001213900-23-083885.txt

## Key facts
- Earnings Releases
  ONE LIBERTY PROPERTIES INC reported third quarter ended September 30, 2023 results: revenue $22.5 million, net income $2.7 million, or $0.12 per diluted share, EPS $0.12 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $22.5 million
  - Net income: $2.7 million, or $0.12 per diluted share
  - EPS: $0.12 per diluted share
  - Result: reported results
  source text: we made in the quarter along with our ongoing property sales, positions us to build on the progress we have made this year.” Operating Results: Rental income grew 4.7 % to $22.5 million in the third quarter of 2023, from $21.5 million in the third quarter of 2022. Approximately $580,000 of the growth is due to the net impact of acquisitions and dispositions and
  evidence_url: https://www.sec.gov/Archives/edgar/data/712770/000121390023083885/0001213900-23-083885-index.htm

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