It was founded in 1724 by the Greek monk Ioanichie Stratonikeas, together with an inn whose income supported the monastery. The inn was demolished in the 19th century, but the church survived.
The church's porch has slender carved stone columns and arches, and its facade and interior are covered with painted saints and floral motifs. In the small courtyard, old carved tombstones line the cloister walls. The monastery is also known for its choir of Byzantine chant and its library of old music manuscripts.
Stavropoleos stands on the street of the same name, opposite the Caru' cu Bere beer hall and a few minutes from Hanul lui Manuc, so it fits easily into any walk through the Old Town.
