The designation refers to a specific address. It represents a physical location identified by a numerical street number and the name of the avenue on which it is situated. As an example, this could designate an apartment building, office space, or private residence.
The significance of this address is multifaceted. It holds potential value related to real estate, property assessment, and municipal record-keeping. The location may be associated with various amenities, historical events, or community features that contribute to its overall desirability and market worth. Its history could inform present-day assessments of its value and character.