Well, almost. But this is one block south of Five Points, one of the stops along the way. The 'Collect Pond', which was filled in to create Five Points, wasn't too far from the site depicted here. It's hard to think of Manhattan as rural or bucolic. It was quite so, long before the paved roads, subways, playgrounds, skyscrapers, and parks.
Here is a recent article from Ephemeral New York on Five Points.