Back in the late 17th century, the site was made ip of five small properties.

They belonged to etatsråd Holmsted (No 403), generalauditør Otto Borthuus, konsistorialråd Mathias Hvid (No.

They five fire sites were subsequently merged into a single property by merchant Erich Erichsen.

The present building on the site was constructed for him in 1799 to designs by Caspar Frederik Harsdorff.

The building was subsequently restored and adapted for its new use under supervision of the architect Frederik Levy.

[2] The building has a central projection with Ionic order columns supporting a triangular pediment.