10 NYC families just scored the real-estate deal of the decade

The city has sold million-dollar homes for about half-price to 10 working-class families who landed what could be the real-estate deal of the decade.

In what is sure to generate a severe case of property envy throughout the five boroughs, the lucky families will soon own two-family homes valued at between $1 million and $1.2 million in fast-gentrifying Bedford-Stuyvesant (like the one above, at 716 Lafayette Ave.).

But they will have paid only $407,000 to $623,000 under a program meant to facilitate “affordable” homeownership.

The sweet deal doesn’t end there. To pay their mortgages, the new owners get to rent their second units — to tenants who meet income limits — and keep the proceeds.

The astonishing package was made available thanks to a $140,000-per-home subsidy from the city’s Department of Housing Preservation and Development and $59,000-per-unit contribution from the New York State Affordable Housing Corporation.

Most of the homes also sit on parcels owned by the city, which were valued at an average of $382,000 each when last appraised back in 2016.

Because the subsidies will push the values of the homes above $1 million, the buyers are liable for the 1 percent “mansion tax” imposed on such high-end properties — which the city is trying to get waived by the City Council.

“This is by far the most subsidy I’ve seen on any project,” said Councilman Ben Kallos (D-Manhattan), chair of the Subcommittee on Planning, Dispositions and Concessions.

Incomes for the families already in contract on three of the homes are up to $84,510 for a family of three, and up to $122,070 for a family of three on the remaining seven.

Brooklyn real-estate broker Sara Golan said the prices are a steal.

“That is an amazing deal,” Golan, of Nest Seekers International, said of a Grant Avenue home in the program. “I would take that deal any day.”

She said she recently sold a similarly sized house on Throop Street for $1.83 million.

Adrian Bartos, a DJ, said he has been looking to buy a home in the program’s price range but earns too much to qualify.

“It’s strange that people of that income are getting help,” he told The Post. “I’m not saying that people in that income bracket don’t need help but . . . I mean, they’re not poor.”

HPD officials said there were 1,538 applications for the program, which requires subsidies be repaid only if the homes are sold within 20 years.

“We’re focused on creating opportunities for affordable homeownership for working-class New Yorkers,” said HPD spokeswoman Juliet Pierre-Antoine. “This structure keeps costs down and creates a clear pathway to ownership for low-income families.”

Additional reporting by Cedar Attanasio

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