0001213900-12-005344.txt : 20120920 0001213900-12-005344.hdr.sgml : 20120920 20120920113028 ACCESSION NUMBER: 0001213900-12-005344 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120712 ITEM INFORMATION: Other Events FILED AS OF DATE: 20120920 DATE AS OF CHANGE: 20120920 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ONE LIBERTY PROPERTIES INC CENTRAL INDEX KEY: 0000712770 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133147497 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09279 FILM NUMBER: 121101313 BUSINESS ADDRESS: STREET 1: 60 CUTTER MILL RD STREET 2: SUITE 303 CITY: GREAT NECK STATE: NY ZIP: 11021-3190 BUSINESS PHONE: 5164663100 MAIL ADDRESS: STREET 1: 60 CUTTER MILL ROAD STREET 2: SUITE 303 CITY: GREAT NECK STATE: NY ZIP: 11021-3190 FORMER COMPANY: FORMER CONFORMED NAME: ONE LIBERTY FIRESTONE PROPERTIES INC DATE OF NAME CHANGE: 19851112 8-K/A 1 f8k071212_oneliberty.htm FORM 8-K/A f8k071212_oneliberty.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549


FORM 8-K/A
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):  July 12, 2012


ONE LIBERTY PROPERTIES, INC.
(Exact name of Registrant as specified in charter)
 
 
 Maryland    001-09279      13-3147497
(State or other 
jurisdiction of incorporation)
   (Commission file No.)  
(IRS Employer 
I.D. No.)
 
60 Cutter Mill Road, Suite 303, Great Neck, New York    11021
 (Address of principal executive offices)                      (Zip code)
 
  516-466-3100  
Registrant's telephone number, including area code
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o           Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o           Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o           Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o           Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
Item 8.01         Other Event.

On September 19, 2012, we completed the sale to Nomad Realty LLC, an affiliate of Stanford Realty Associates, Inc., of our fee interest in the real property located at 119-121 Madison Avenue, New York, New York and 27-29 East 30th Street, New York, New York, for $18.25 million.  As part of the transaction, our existing financing in the approximate amount of $6.93 million was paid off.  We estimate that this sale will result in a gain of approximately $15 million, without regard to any additional transaction consideration that may be payable in the future.

 
 
 
 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
ONE LIBERTY PROPERTIES, INC.
  
       
Date:     September 20, 2012 
By:
/s/ David W. Kalish  
 
David W. Kalish
  Senior Vice President and Chief
  Financial Officer