Named after Magdalenenstraße, a street named after the first name Magdalena.
The short street was named around 1900 after the woman's name Magdalena or Magdalene. From 1950 to 1989 the buildings beside the station were the headquarters of the GDR's Ministry for State Security (Stasi). Since December 2025 the station name carries the subtitle 'Campus für Demokratie', after the democracy campus now on the site.