Petrovsky Lane is a historically significant small street connecting two ancient Moscow streets within the Boulevard Ring: Bolshaya Dmitrovka and Petrovka. Petrovka likely emerged along the road by the Neglinnaya River, whose bed was enclosed in a collector around 1820. According to old Moscow legends, this road led to the princely village of Vysokoye, and church records suggest that the street was founded around 1323 by Metropolitan Peter, who established the Vysokopetrovsky Monastery. It is likely that the Tverskaya Street was forming around the same time, while Bolshaya Dmitrovka, known earlier as Georgievskaya, appeared in the 15th century between Tverskaya and Petrovka. Petrovsky Lane is oriented towards the ancient complex of the Vysokopetrovsky Monastery, indicating its long-standing origin.

The historical estate on Petrovsky Lane is the oldest monument in the area. In the 1970s, during an inspection of the main house of the estate, which preserved the Empire-style facades of Moscow from the 1820s, chambers from the late 17th century were discovered. These chambers, particularly well-preserved on the eastern side, are adorned with artistic window frames. Historical documents suggest that after Tsar Alexei Mikhailovich married Natalia Kirillovna Naryshkina, the courtyard was granted to her father K.P. Naryshkin.

The history of the courtyard is linked to tragic events in the lives of the Romanovs and Naryshkins. In 1672, Alexei Mikhailovich and Natalia Kirillovna had a son, Peter, and in honor of this event, K.P. Naryshkin transferred his courtyard to the monastery. In 1675, Alexei Mikhailovich died, and power passed to the Miloslavskys, who began to persecute Peter and the Naryshkins. K.P. Naryshkin was forcibly tonsured as a monk. In 1682, the Miloslavskys organized a streltsy uprising, during which several sons of K.P. Naryshkin were killed. To secure support, the Naryshkins transferred the courtyard to Patriarch Adrian, and it remained in church ownership until the early 18th century.

After the death of Patriarch Adrian, Peter I began the secularization of church property, and the courtyard was transferred to the nobleman Protasyev, and from 1731 it passed to the princely family of Trubetskoy. In 1818, A.S. Trubetskaya married architect O.I. Bove, who reconstructed the estate in the Empire style.

Throughout the 19th century, the estate changed several owners. In the early 20th century, it was owned by N.I. Terentyev, who in 1902 carried out a reconstruction of the building under the guidance of architect I.A. Ivanov-Shits. He added a floor to the house, giving it the style of Moscow modernism of the early 20th century. The facades were decorated with ornamental elements characteristic of that time.

The archive of I.A. Ivanov-Shits at the A.V. Shchusev Museum of Architecture contains photographs of his works, including the interiors of N.I. Terentyev's apartment. This decoration was lost during the Soviet period.

Currently, the house of N.I. Terentyev on Petrovsky Lane is used as a residential building. Renovations and adaptations for modern use are underway.