The building was constructed in 1904 based on the design by architect A. E. Erichson, and the ceiling structures were developed by engineer V. G. Shukhov. The first floor housed a bookstore, while residential apartments were located above.

This architectural structure holds significant historical value. From 1904 to 1928, the upper floor was home to entrepreneur, publisher, and educator I. D. Sytin. Cultural figures from Moscow, such as M. Gorky, A. Kuprin, V. Nemirovich-Danchenko, and others, often visited him. It was here that the publishing house of the newspaper "Russkoe Slovo" was relocated from Pyatnitskaya Street and Stary Square, with the printing house situated in the courtyard.

On April 13, 1979, the building was moved 33 meters towards Nastasyinsky Lane on eight railway tracks. This was done because the authorities believed it spoiled the view of the new building of the newspaper "Izvestia." Before the move, the rear part of the building with the staircases was cut off and destroyed, and then the remaining part was connected to the new "Izvestia" building. Some parts of the structure were severely damaged or destroyed.

After the arrival of Soviet power, the building housed the editorial office and printing house of the newspaper "Pravda," whose secretary was M. I. Ulyanova. Later, the editorial office of the newspaper "Trud" was located here. In 1973, a memorial plaque was installed on Sytin's house in memory of this famous publisher and educator.