The station was opened on 20 April 1980 as part of the extension from Nagyvárad tér.

It is also a suburban bus terminal and a changing place of several city bus lines (68, 85, 85E, 93, 93A, 98, 98E, 136E, 148, 151, 182, 184, 193E, 200E - this run from here to Budapest Ferenc Liszt International Airport, 201E, 202E, 282E, 284E), making it the largest public transport hub in Southern-Pest.

Hungarian people sometimes call this station Köki, which is short for Kőbánya-Kispest.

Next to the station, there is a huge housing estate with concrete block of flats (Kispest microdistrict) and a shopping mall, named Köki Terminál.

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