Bracco divorced Keitel in 1993 after her affair with actor Edward James Olmos, whom she later married and then divorced.
The Goodfellas actress has called the $2 million (£1.3 million) cottage in New York’s Rockland county home for the last 20 years.
According to the New York Post, Phish lead singer/guitarist Anastasio is in contract to buy the three bedroom property, which sits on two acres of land in the celebrity enclave of Sneden’s Landing.
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Among his new neighbours will be Al Pacino, Mikhail Baryshnikov and Bill Murray.
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