secwatch.observer — SEC 8-K summary
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Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0001213900-25-086864
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OLP sells Newark property for $6.8M, signs contract to sell The Vue for net proceeds ~$18.5-19M
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- Sold Newark, DE non-industrial property on Sept 8 for ~$6.8M; net proceeds ~$5.4M after mortgage payoff; Q3 gain ~$3.2M.
- Signed contract to sell The Vue (Beachwood, OH), expected close Q4 2025; buyer deposited $2.5M escrow.
- Net proceeds from The Vue estimated $18.5-19M, including lawsuit settlement, mortgage repayment, and ground-lease tenant payment.
- After transactions, ~80% of base rent for 12 months ending Sep 30, 2026 from industrial tenants.
- The Vue generated no rental income for past several years; sale gain ~$100K (excluding settlement).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000121390025086864/0001213900-25-086864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000121390025086864/ea0257059-8k_oneliberty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-086864

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