The Allen Street Presbyterian Church had its beginning in Madison Street, then Bancker, in 1816. A missionary society in 1817 built a wooden structure at a cost of a little over two thousand dollars, near the corner of Catharine Street. The society was incorporated as the "Mission Church in the City of New York," and that title has never been changed, except by common usage. In 1823 an edifice was erected at a cost of about three thousand dollars. For years the church did not prosper, and was on the point of selling its property, when the Rev. Absalom Peters offered to act as Pastor for a time without salary. He pulled the society through its troubles. The present building was erected in 1833 at a cost of twenty thousand dollars. Since then the church has been humbly prosperous. For the present, until a site is secured, the congregation will worship in the Church of the Sea and Land, in Market Street.

On the same date, under the heading of "After Fifty-four Years," and "The Last Services in the Old Allen Street Church," the same paper says:

Another of New York's old churches will soon be torn down. Yesterday the last services were held in the Allen Street Presbyterian Church, near Grand Street. For many years the church has been a sort of half-way house between up and down town, and its congregation has been an ever-changing one. It has never been a large nor a rich church, although it has had among its members many who are to-day wealthy, and its total membership, since its organization, is much greater than that of many a larger church.

The last services were made interesting, not only by the presence of nearly all the present members, but of members of twenty and twenty-five years ago, who came from churches further up town and from Brooklyn. In the afternoon there was a union service of the church, Sunday-school, and the Ludlow Street Mission. Later the young people held a prayer-meeting, and in the evening reunion services were held. The pastor, the Rev. D. McNeill Young, read letters from many former members who had left New York, all regretting the necessity for demolishing the old building. The reading of the letters was interrupted by the puffing and rattle of the elevated trains directly in front of the door—one of the principal causes of a change of location—that made more prominent the fact that, though sentiment might desire to save the church, it could never again be a pleasant place of worship. After the letters were read familiar hymns were sung, and, without any formality, the older members and their former associates gave reminiscences of the early days of their church.

As a proof of its spiritual power not less than fourteen hundred and forty-three persons have been connected with it in the service of the Master, the number of active members at the time of changing location being five hundred and sixty three, showing that though old in years it still retains its usefulness.

The New York Evangelist of April 21, 1887, under the heading of "Another Land-mark to be Obliterated," says:

The old Allen Street Presbyterian Church building, where God's people have continued to battle against sin and Satan for some sixty-four years, has at last yielded to the pressure of the advancing tide of business on Grand Street, and been sold. The present expectation of the Church is to remain in the neighborhood, and it is hoped that a more desirable location may be obtained, and a building, suited to the times and the needs of the people, erected thereon. Farewell services will begin on Friday evening, May 6th, with the preparatory lecture, to be followed by an earnest season of prayer for the divine blessing on the exodus. On Sabbath, May 8th, the farewell communion service will be held at 11 a.m. A union meeting of the Home and Ludlow Street Sabbath-schools will be held in the main audience room of the church building at 2 p.m. The exercises of the Young People's Prayer and Conference Meeting will take place at seven o'clock, followed by the closing farewell service in the Church at 7.45 p.m. Then the last good-by will be said in the dear old home which has been the spiritual birth-place of many, many precious souls. It is earnestly hoped that these services will bring together many who can tell of former refreshing times from the presence of the Lord, and of hallowed associations within the sacred walls of the old Allen Street Church. It is expected that some of the former pastors will be present to add interest to the occasion. It is well understood that this well-known church property has been purchased by Messrs. Ridley & Co. for $75,000. They thus secure large additional space for their enormous mercantile business. It should, perhaps, be known that the building of the Elevated road, just in front, has greatly injured "Old Allen Street," as it was popularly called, for all church purposes. The noise of the passing trains was very annoying, especially in warm weather, when windows and doors were open. The sum realized will, it is hoped, enable the congregation to build elsewhere in the neighborhood.

The New York Daily Tribune, of the same date, thus comments on the old church:

LEAVING THEIR OLD CHURCH HOME.

Yesterday the Allen Street Presbyterian Church held their last service in their present home. The building has been sold to Messrs. Ridley & Sons for mercantile purposes. The church moves temporarily to Market Street, where they will worship with the Church of the Sea and Land. There were the regular morning services, followed by communion. The church was tastefully decorated with flowers, the gift of the Bethany Society of the Church, in commemoration of their last services. On May 28, 1819, the church was organized, although the building had been dedicated on October 25, 1817. This building was in Madison Street, and when it became too small they moved to their present place in 1834.