Cash Distributions June 2001.

Great Neck, New York, June 11, 2001 -- BRT Realty Trust (NYSE:BRT)announced today that its Board of Trustees has declared a cash distribution of $0.22 per share payable on July 3, 2001 to shareholders of record on June 22, 2001.

Jeffrey Gould, President of the Company stated that the Board of Trustees intends to declare and pay regular quarterly distributions.  The amount and timing of future distributions will be at the discretion of the Board and will depend upon BRT"s financial position, earnings, cash flow and other factors.

BRT REALTY TRUST is a mortgage-oriented real estate investment Trust.

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially.  Such risks, uncertainties and other factors include, but are not limited to, fluctuations in interest rates, levels of competition, the effect of government regulation, the availability of capital and changes in general and local economic and real estate market conditions.

Contact:  Simeon Brinberg - (516) 466-3100

BRT is a New York-based Real Estate Investment Trust that specializes in the origination and holding for investment of senior and junior commercial mortgage loans secured by real property in the United States. For more information on BRT, please visit ourHome Page.

Caution Concerning Forward-Looking Statements: Materials included in this filing may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Statements that include the words "may," "will," "would," "could," "should," "believes," "estimates," "projects," "potential," "expects," "plans," "anticipates," "intends," "continues," "forecast," "designed," "goal," or the negative of those words or other comparable words should be considered uncertain and forward-looking.

Contact: Simeon Brinberg, Senior Vice President - (516) 466-3100

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News Source : Cash Distributions June 2001.