The building was constructed in XVII century (1668). First military barracks housed in this building and since the late XVIII century – Uzhgorod Gymnasium. In 1915 the City trade school was launched there, and since 1920 – the State Trading Academy. Continuing the tradition of 40’s of the XX century, there today Uzhgorod continues to operate a commercial college – higher educational establishment of I accreditation level. There is a memorial plaque on the wall of the building dedicated to Stefan Augustin (1893-1989) who was the director of the Academy.