What is "magstraede"

Snaregade and Magstræde are two of the oldest streets in the Old Town of Copenhagen, Denmark, linking Gammel Strand at their eastern end with Rådhusstræde to the west. Snaregade extends from the small square at the future Gammel Strand metro station to Knabrostræde where it turns into Magstræde. The streets are among the few in the Old Town of Copenhagen which still feature their original cobbling. Magstræde is associated with Huset i Magstræde ("The House in Magstræde", often referred to simply as Huset, "The House"), a culture house.