The original asking price for the three-bedroom, four-and-a-half bathroom Manhattan condominium was $6 million. It has a terrace, media room and library, the New York Observer reported.

Rolling Stone Keith Richards previously owned the same 4,400-square-foot apartment, as did Russell Simmons, founder of Def Jam Records, which popularized hip-hop music, People magazine reported.

Pop singer Spears owned the condo before she married Kevin Federline and became a mother, People said.