It is the third-oldest applied arts museum in the world.

[1] The museum was built between 1893 and 1896 and was designed by Ödön Lechner in the Hungarian Secession style.

The museum houses a collection of metalwork, furniture, textiles, and glass.

There are two other locations: the Hopp Ferenc Museum of Eastern Asiatic Arts and Nagytétény Palace.

The museum is located near the southern end of the Grand Boulevard in the neighborhood Ferencváros and it can be accessed by metro line 3.