V Sadech St. leads around the rear of a magnificent villa, until recently quite dilapidated, built by Otto Petschek’s uncle, Julius. The villa is an example of the Eclectic style with elements of late Classicism, Baroque, and Neo-Renaissance. It is currently undergoing renovation, after which it will serve as the home of the Museum of Czech Literature. Its elegant spaces will house an extensive exhibition of Czech literature, an events hall, a literary café, study rooms, and professional offices.
Source: https://www.prague.eu/en/object/places/2964/julius-petschek-villa