Suetinsky Street begins at Sergievskaya Street as a winding lane and descends down the hillside to the The Church of the Nativity (Stroganov Church).
In earlier times it was known as Suykina Lane, but in the plan drawn up by A. A. Betancourt and V. I. Heste in 1823–1824 it was already designated Suetinsky Street. During the preparation of the new city plan of Nizhny Novgorod in 1839, it was proposed to straighten and widen it and rename it a descent. However, the street's route along the slopes of the The Dyatlov Mountains was inconvenient — in autumn and spring, landslides made it practically impassable even for pedestrians — and so it was used mainly in summer. When the next city plan of Nizhny Novgorod was drawn up in 1881, the street was proposed to be renamed Grafskaya (after the Stroganov house, hospital, and almshouses that stood on it), but the old name proved more resilient and has survived to the present day. The present building at No. 23 Suetinsky Street once housed the Stroganov Salt Office. The Old Believer Church of the Dormition of the Most Holy Theotokos was also located on Suetinsky Street and is documented in historical photographs from 1964.