The accused-stalker ex-mistress of Yankees General Manager Brian Cashman wept in court Tuesday as a Manhattan judge spared her jail and sentenced her to probation for lying on a housing application to reap thousands of dollars in rent breaks.

Louise Neathway, 39, broke into sobs of relief when Justice Bruce Allen handed down a sentence of five years probation over the objection of prosecutors who had sought 1 ¹/₃ to 4 years in prison.

“I just want to apologize for the humiliation, the disgrace that this has caused my family, my mother, my precious daughter and even my 90-year-old grandma in England,” a tearful Neathway told the judge just before he sentenced her.

Prosecutor Daniel Holmes argued that Neathway deserved jail time for her failure to take responsibility.

“The defendant has taken every opportunity to blame others for her conduct: judges, our office, every other relationship that has ended poorly including with Brian Cashman, who hadn’t even been involved in her life at the time she committed this particular crime,” the prosecutor said.

“It is time now that this defendant is held accountable for what she has done.”

Defense lawyer Lawrence LaBrew “begged” the judge not to send his client to jail. “When you look at this person and what she’s charged with, this is not some malicious criminal who is going to be out here hurting someone,” he said.



“I’m straight-out begging you to exercise your discretion, please consider giving this young lady a sentence of probation.”

The judge told Neathway that after significant consideration he’d decided that jail wasn’t appropriate in this case.

After a one-week trial last June, a jury convicted Neathway of nine felonies for lying on paperwork to get $69,000 worth of rent breaks.

Prosecutor Kenn Kern argued that Neathway falsely claimed she had sole custody of her daughter and that her ex-husband lived in England in order to bump up her household size to two.

This made her eligible for a below-market-rate apartment at 88 Leonard St., a luxury Tribeca building, where she lived for five years.

The trouble was that her ex, Jason Bump, has had sole custody of their 17-year-old since 2004 and lives in upstate New York.

But LaBrew told jurors the real reason Neathway landed in court was because of Cashman.

Neathway was arrested in 2012 for allegedly stalking, harassing and extorting $6,000 and attempting to extort $15,000 more from Cashman by threatening to go public with their affair.

During the investigation, prosecutors uncovered evidence of housing fraud.

Prosecutors are expected to try the extortion case next.The scandal led to Cashman’s divorce from his wife, Mary Bresnan.