The charterhouse, dedicated as Domus Misericodiae Dei ("House of the Mercy of God"; Barmherzigkeit Gottes) was founded in 1396 by burghers of the town of Frankfurt an der Oder[1] in front of the town walls, on the street leading to Guben on the banks of the Oder, in the area of the present Carthausplatz.
The monastery owned the villages of Madlitz, Döbberin, Niederjesar, Arensdorf, Unterlindow, Jacobsdorf, Briesen and Brieskow as well as the Große Heide ("Great Heath").
In the following year Elector Joachim II granted all the possessions of the charterhouse to the Brandenburg University Frankfurt, including the monastic library, and all buildings, lands and estates.
(The fruit from the gardens was given to the professors of Frankfurt University).
Documents concerning the monastery are in the Stadtarchiv Frankfurt (Oder) and the Brandenburgisches Landeshauptarchiv.