The property was developed by Thomas E. Davis, a British-born real estate developer, who developed the entire block of St. Mark's Place between Third and Second Avenues. Davis built Federal style townhouses on both sides of the street. There are two other surviving townhouses from this development, at 25 St. Mark's Place and the best preserved of the three, the Daniel LeRoy House at 20 St. Mark's Place. The townhouse at 4 St. Mark's Place is wide and stories in height plus a basement level. The house is built of brick in a Flemish bond pattern with white marble at the basement level up till the beginning of the first floor, it has a high front stoop to the main entrance on the left which is characterized by the Baroque styleGibbs surround entrance with triple keystone and vermiculated blocks and long parlor-floor windows, molded pediment lintels and a peaked roof with two dormer windows. There was originally a semi-circular wrought iron balcony at the elevated first floor level. Around 1865–66, a nearly 53-foot two-story rear addition was built in the large rear yard, and a fire escape was installed on the front facade by the 1890s.
Historical significance
For nine years, the townhouse at 4 St. Mark's Place was the home of Elizabeth Schuyler Hamilton, widow of Alexander Hamilton, who was the first Secretary of the Treasury and one of the founding fathers of the United States. In November 1833, Eliza's son Col. Alexander Hamilton Jr. purchased the townhouse from Davis for $15,500. At the same time, Davis purchased The Grange from Eliza, who was then 76 years old, for $25,000. The sale of the upper Manhattan home on 35 acres funded the Hamilton family's purchase of the townhouse. From 1833 to 1842, Eliza Hamilton lived there with two of her grown children and their spouses: her son Alexander and his wife Eliza Knox Hamilton, and her youngest daughter Eliza Hamilton Holly and her husband Sidney Augustus Holly. The building, now known as the Hamilton-Holly House, was designated as a landmark in October 2004 by the New York City Landmarks Preservation Commission.
Later uses and development
In the 1870s and 1880s, the building was used as a rental meeting hall, and the upper two stories became apartments. Later, the street level and basement became a rental property occupied by a succession of commercial tenants. An auditorium in the basement level of the building became, in the 1950s and 1960s, the home of the Tempo Playhouse, which staged the American premieres of works by Jean Genet and Eugène Ionesco. It was later used by the New Bowery Theater, which debuted a number of early underground films. For over forty years, from 1975 to February 2016, the first floor and basement were occupied by Trash and Vaudeville, a punk fashion store. The property was listed for sale in 2015, at a price of roughly $12 million. After the building's retail space and four apartments were vacated, it was purchased by an investment group in April 2016 for $10 million. Portions of a renovation plan were approved by the Landmarks Preservation Commission in November 2016, including approval for restoration of the façade, reconstruction of the grand curved balcony at the first floor, a new entryway, and rebuilding the interior space to provide additional residential units.