The synagogue was built in 1872 for The Status Quo congregation to the design of Otto Wagner, a Viennese architect.

[2] Intentionally meant to serve the members of the Neológ community of Pest, its construction coincided with the Schism in Hungarian Jewry of 1869, and it became the home of the more conservative fraction.

Completed in the Moorish Revival style, the synagogue has eight sides and was restored during 2021 with a grant from the Budapest Government.

The octagonal, balconied, domed synagogue intricately patterned and painted in Islamic style is exquisitely beautiful.

Historically, but especially since the completion of its renovation in the summer of 2021, the synagogue regularly hosts plays, concerts, photo exhibits and other cultural events.