Auguste de Serres designed the station, and the Eiffel Company built it. It opened on October 28, 1877. It replaced the terminus of Hungary's first railway line, the Pest to Vác line built in 1846, and that earlier building was demolished to make way for the Grand Boulevard.
It is a stub-end terminal, with tracks leaving to the northeast, and it has 9 platforms serving 17 tracks. The article names no client, style, dimensions or materials, and it gives no heritage listing.
Some parts of the historic terminal building have recently been renovated, and further work based on designs by the London firm Grimshaw is planned. The M3 metro runs beneath it, and the WestEnd City Center mall stands beside it, partly over its open area.
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