---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-020129"
form_type: "8-K"
ticker: "OLP"
cik: "0000712770"
company_name: "ONE LIBERTY PROPERTIES INC"
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:23:28.105719+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# One Liberty Q4 net income $15.0M ($0.71), AFFO $0.50; full year rental income $90.6M

## Summary
- Q4 net income $15.0M ($0.71 diluted) up from $8.9M ($0.42) in Q4 2022, driven by $12M gain on sale of eight properties.
- Q4 FFO $9.6M ($0.45/diluted) vs $15.1M ($0.71) in Q4 2022, decline due to prior year including $4.6M Beachwood settlement.
- Full year rental income $90.6M vs $92.2M in 2022; net gain on property sales $17.0M from 10 properties plus out-parcel.
- Paid off $21.8M of debt using $46.6M property-sale proceeds; repurchased $9.6M shares in 2023.
- Occupancy 98.8%; declared 125th consecutive quarterly dividend (amount not stated in release).

## SEC filing metadata
- accession: 0001213900-24-020129
- form_type: 8-K
- ticker: OLP
- cik: 0000712770
- company_name: ONE LIBERTY PROPERTIES INC
- filed_at: 2024-03-05T23:59:59+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/712770/000121390024020129/0001213900-24-020129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712770/000121390024020129/ea0201168-8k_oneliberty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-020129
- JSON: https://secwatch.observer/filing/0001213900-24-020129.json
- Plain text: https://secwatch.observer/filing/0001213900-24-020129.txt

## Key facts
- Earnings Releases
  ONE LIBERTY PROPERTIES INC reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On March 5, 2024, we issued a press release announcing our results of operations for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/712770/000121390024020129/0001213900-24-020129-index.htm

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