One Liberty Properties Declares Quarterly Cash Dividend

| Source: One Liberty Properties, Inc. One Liberty Properties, Inc.

GREAT NECK, NY--(Marketwire - September 14, 2010) -  One Liberty Properties, Inc. (NYSE: OLP) announced today that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock payable October 6, 2010 to stockholders of record on September 27, 2010.

About One Liberty Properties, Inc.
One Liberty Properties is a real estate investment trust which invests in commercial real estate, primarily net leased properties, and other real estate related investments.

Contact Information:

Contact:
Simeon Brinberg
516-466-3100