It is the part of the city centre in the wider sense as one of the 18-19th century older suburbs, close to Belváros.
It starts at the Astoria, the intersection with Little Boulevard in the Downtown and runs to east between VII. and VIII. districts, crossing the Grand Boulevard until gets the Keleti Railway Station (the central inter-city and international railway terminal of Budapest).
The square is located in Pest at the junction of the 5th (Belváros-Lipótváros), 8th (Józsefváros) and 9th (Ferencváros) districts.