Bracco was born in the Bay Ridge neighborhood of Brooklyn. She is the daughter of Eileen (née Molyneux 1926–2010) and Salvatore Bracco, Sr. She has a sister, Elizabeth Bracco, and brother, Salvatore Jr. Her mother was from Britain and met her father during World War II. Eileen came with Salvatore to the United States as a war bride. Bracco grew up in Westbury, on Maxwell Drive on Long Island. She graduated from Hicksville High School in 1972. Her father was of Italian descent, while her mother was born in England to French parents. Bracco is fluent in English, French and Italian.